412 Front St - Storefront Retail/Residential FOR SALE


Lynden, WA 98264
$1,300,000 USD
360-734-7500
412 Front St, Lynden, WA for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/36
null | 6% Cap Rate

412 Front St
Lynden, WA 98264


HIGHLIGHTS

  • Historic Downtown
  • Updated in 2019
  • Stable Tenant

OVERVIEW

412 Front Street in vibrant Downtown Lynden offers a unique investment opportunity. This historic building, originally built in 1912 and fully remodeled in 2019, houses Symmetrie Salon in the main floor commercial space and two beautiful 1-bedroom apartments upstairs. The code compliant remodel completely refurbished the building while keeping it's historic charm. Fantastic leasing history (Symmetrie with a lease until 2027 + 6 years of extension options) located in Lynden’s trendiest and most vibrant commercial corridor. Easy customer parking along Front Street and constant pedestrian traffic, this location will be a longstanding staple of the community. Historic district property tax discount active through 2029! Buyer to verify program.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

HBD

APN/PARCEL ID

400320-264320-0000

ASK ABOUT THIS PROPERTY

Elizabeth WolfeWindermere Real Estate/Whatcom, Inc.More Info
360-734-7500

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Elizabeth WolfeWindermere Real Estate/Whatcom, Inc.More Info
360-734-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.