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$2,100,000
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Property Description
Delta Ring Commercial Condominium presents a prime investment opportunity in the industrial sector. Key highlights include:Condominium: seven tax parcels, 100% occupancy over recent years.Leasing Potential: Short-term leases currently below market rates, significant upside potential.Condition: Excellent, no deferred maintenance, metal siding and metal roof contribute to low maintenance costs.Construction Quality: The building is well-constructed and meticulously maintained, enhancing its long-term value.Investment Appeal: Priced at the 2023 appraised value, it's an attractive option for a 1031 exchange or as a stable investment asset.Overall, this property is ideal for investors seeking a reliable, well-maintained industrial asset
Full Property Details
Full Property Details for 2693 Delta Ring Rd
General
- Sold For: $2,100,000
- Taxes: $11,214 (2024)
- Status: Closed
- Type: Industrial
- Source: NWMLS
- MLS ID: 2276854
- Added to Site: 557 day(s) ago
Rental Information
- Complex Features: Sprinklered
Interior
- Interior Features: Concrete
- Flooring: Concrete
Location
- Area: 870 - Ferndale/Custer
- County: Whatcom
- Subdivision: Ferndale
- Driving Directions: I-5 Exit 266 East on Grandview Rd. to Vista Drive, turn rt., immediate rt. on Delta Tech, follow to Delta Ring Rd.
Utilities
- Sewer: Septic Tank
- Water: Community, Private, Shared Well
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Metal/Vinyl
- Foundation: Post & Pillar
- Roof: Metal
- Loading: 10'-15' Doors, 7+ Bays, Grade
- Office: 16,280 Sq. Ft.
- Year Built: 2009
Lot Features
- Lot Size (Acres): 1.16
- Lot Size (Sq. Ft.): 50,530
- Lot Dimensions: 324' x 155'
- Lot Depth: 324
- Topography: Level
Financial Considerations
- Tax Amount: $11,214.95
- Tax Year: 2024
- Terms: Cash Out
Disclosures and Reports
- Special Conditions: None
- Property ID: 3901014173070000
Listed and Sold by Bob Sandoz | Windermere Real Estate Whatcom | (360) 734-7500
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Schools
Schools serving 2693 Delta Ring Rd
School District:Ferndale School District
| Name | Grades | Distance |
|---|---|---|
Custer Elementary School, Custer, WA 7660 Custer School Road, Custer, WA 98240 | K-5 | 1.5 mi |
Horizon Middle School, Ferndale, WA 2671 Thornton Road, Ferndale, WA 98248 | 6-8 | 2.7 mi |
Ferndale High School 5830 Golden Eagle Drive, Ferndale, WA 98248 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2693 Delta Ring Rd
Date
Details
Price
Change
Source
10/25/2024
Sold
$2,100,000
-4.55%
MLS
8/13/2024
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2693 Delta Ring Road, Ferndale, WA 98248 (MLS# 2276854) is a Industrial property that was sold at $2,100,000 on October 25, 2024. Want to learn more about 2693 Delta Ring Road? Do you have questions about finding other Industrial real estate for sale in Ferndale? You can browse all Ferndale real estate or contact a Coldwell Banker agent to request more information.

