2080 Alder StFerndale, WA 98248

For Sale
$725,000

Turnkey Property: Office & Apartment

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial property, located at 2080 Alder Street in the heart of downtown Ferndale, Washington, presents a unique investment opportunity for both owner-users and investors. The well-maintained building offers a versatile layout, ideal for a variety of businesses. The main floor encompasses a spacious office area, thoughtfully divided into five private offices, a welcoming reception area, two convenient restrooms, and a fully equipped kitchen. This area is currently projected to generate $2,500 in monthly rental income. Adding to its appeal, the property includes a substantial second-floor apartment, boasting two bedrooms, two bathrooms, and a generous 1800 square feet of living space. This apartment is projected to command a monthly rental income of $2,000. The property is ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. Its prime downtown location offers excellent visibility and accessibility, ensuring high traffic and potential for strong tenant occupancy. The combination of office space and a residential apartment provides a unique opportunity for diversified income streams and potential for future appreciation. This turnkey property is an exceptional investment opportunity in a thriving downtown area. Serious inquiries are encouraged.

Property Details for 2080 Alder St

Property type
Other commercial real estate
Year Built
1977

Location Insight

City
Ferndale
County
Whatcom
State
Washington
Latitude
48.84704
Longitude
-122.5942
2080 Alder St, Ferndale, Washington

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2080 Alder St
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