Skip To Content
    Return to Previous Page

    716 Alabama Street

    Bellingham, WA 98225
    • $1,690,000
    • STATUS: Active
    • ON SITE: 476 days
    • ID#: 1528882
    $1,690,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Muljat Group.

    Description

    Rare single-tenant, triple net leased property for sale. The former Lees Drive-In has been fully renovated to the Filling Station! The current tenant has 2 stores along with several Avenue Bread locations and is an experienced restaurant operator. The property is well located on a busy corner of Alabama and James St. The site has been occupied for over 50 years! Located across from Trader Joes, this investment is highly desirable. The property also includes a long-term lease with a cell tower.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-26T18:14:43.497.

    www.lucaspintoteam.com/homes/99713234
    Print Image

    716 Alabama Street Bellingham, WA 98225

    • Price: $1,690,000
    • Status: Active
    • ID#: 1528882
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    1975
    Built
    Neighborhood:
    Bellingham
    County:
    Whatcom
    Area:
    Bellingham
    Property Description
    Rare single-tenant, triple net leased property for sale. The former Lees Drive-In has been fully renovated to the Filling Station! The current tenant has 2 stores along with several Avenue Bread locations and is an experienced restaurant operator. The property is well located on a busy corner of Alabama and James St. The site has been occupied for over 50 years! Located across from Trader Joes, this investment is highly desirable. The property also includes a long-term lease with a cell tower.
    Exterior Features

    Carport YN No Exterior Features Brick Open Parking YN No Parking Total 25 Parking Uncovered Total 25 Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

    Interior Features

    Cooling YN Yes Fireplace YN No Furnished Unfurnished Heating Cooling Type Forced AirHeat Pump Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN No First Right Of Refusal False Fuel Expense 0 Gross Adjusted Income 91657 Gross Scheduled Income 93528 Insurance Expense 0 Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 91199 Possible Use Commercial Power Production Type ElectricNatural Gas Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 6662 Tax Year 2019 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 0 Water Source Public Zoning Class Commercial Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Lucas Pinto Real Estate Group | Compass and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-26T18:14:43.497.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1528882-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1528882-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1528882-1.jpg
    Logo
    Lucas Pinto Real Estate Group | Compass
    501 E Pike Street, Suite 200a
    Seattle WA, 98122
    Listing Courtesy of Muljat Group.