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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by listings.com and should be verified by the buyer.
The Foundation Group LLC
Provided by Northwest Multiple Listing Service, 2024.
Description for 2031 Main Street, Ferndale, WA 98248
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.
Property Details
Listing Details
Under Contract
Commercial
Commercial Industrial
None
For Sale
NWM2274100
$2,590,000
11/10/2024
1960
Single Family
NWM107969
Location Information
US
WA
Whatcom
Ferndale
98248
Main
2031
Street
Ferndale
W123° 24' 29.5''
N48° 50' 47.3''
2031 Main Street , Ferndale, WA 98248
870 - Ferndale/Custer
Yes
Garage/Parking
No
No
Exterior Features
No
No
Wood Products,Stone,Wood
Composition
WaterFront and WaterAccess
No
Land Info
0.57 Acre
Nw
3902291024970000
Monthly
HOA Info
Monthly
1
No
Rental Info
Monthly
Listing Information
The Foundation Group LLC
Erich Bubbel
77
NWM7988
Nwmls
$2,590,000
11/10/2024 16:45:09
Retail
Price History
Walk Score
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Walk Score
4
Bike Score
7
Transit Score
3
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Courtesy of The Foundation Group LLC
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Information is deemed reliable but is not guaranteed.
Listings.com © 2024.
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved.Disclaimer: The information contained in this listing has not been verified by listings.com and should be verified by the buyer.
