Everson, WA 98247,401 Lincoln ST
Listed by Windermere Real Estate Whatcom
Bought with ZNonMember-Office-MLS

$7,400,000

$7,400,000

Est.Price: ?

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Est. payment /mo

3.27 Acres Lot


SOLD DATE : 08/29/2025

Key Details

Sold Price $7,400,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Everson

MLS Listing ID 2318708

Sold Date 08/29/25

Style 61 - Comm Bldg Ovr 10K

Year Built 1975

Lot Size 3.270 Acres

Property Sub-Type Commercial Industrial

Property Description

Excellent Investment Opportunity! 8% Cap Rate, Absolute Lease, Amazing, Solid Tenant w 10 yr term and 2 - 5yr options. This is 'the one.' Flex Building features brand new TPO over steel roof, 45,330 s.f. of main floor, warehouse, production and sales space, with 6 dock high and 3 grade level doors, demised for single or multi-tenant occupancy, with an additional 2,905 s.f. of upper floor offices, a media production studio & mezzanine. High Profile commercially zoned corner property w/ high traffic count situated on 2 parcels, totaling 3.2 acres in the growing bedroom community of Everson. There are 55+ parking stalls w fresh paving from the loading docks to Lincoln St.

Location

State WA

County Whatcom

Area 890 - Nooksack Valley

Interior

Flooring Concrete, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Waterfront Description Medium Bank,River

Roof Type Built-Up,Metal

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
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