2031 Main Street
2031 Main Street
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2031 Main Street
2031 Main Street
Sold

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

Mikala Murphy

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

[email protected]

Address

1001 E Maple St Bellingham, WA 98225

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