2031 Main Street

2031 Main Street, Ferndale, WA 98248

$2,487,500

US Bank | Absolute Net: Tenant signed new lease starting Aug 1, 2025 for a five year lease at 12,939.78 per month which put the property at a 6.00 Cap. There are also Two additional 5 year extensions with rent increases potentially pushing the lease to 2040.Tenant is responsible for all expenses and maintenance on the property and has been a tenant since 1985.

0.57 Acres lot

Mikala Murphy

title Real Estate Agent
PHONE (425) 870-7343
EMAIL [email protected]
DRE # 126429

Features & Amenities

Area & Lot

Status Sold
Lot Area0.57 Acres
MLS® ID2274100
TypeCommercial
YEAR BUILT1960
NeighborhoodWhatcom County

Exterior

roofComposition
other exterior FeaturesStone, Wood, Wood Products

Financial

Sales Price$2,487,500

Whatcom County

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Partner with a Realtor® Who Truly Cares

Choosing Mikala Murphy means partnering with a dedicated expert who understands the intricacies of the real estate market. Mikala's client-first approach, combined with her extensive knowledge, makes her the ideal choice for navigating today's competitive market.

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Contact Details

Mikala Murphy

Phone

(425) 870-7343

[email protected]

Address

1001 E Maple St Bellingham, WA 98225

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