ForestGarden

Forest Garden

910 North Forest Street
Bellingham, WA 98225

List Price: unpriced
Closed Price: $3,250,000

Full Marketing Package available by clicking here.

Infill development site suitable for high density multi-family.

The opportunity for the developer is to control and develop a high density residential development project in a very well-located and marketable urban location where density, good unit retail prices and quick absorption can be expected regardless of the product type.

Hilltop_Restaurant

Hilltop Restaurant

5645 Guide Meridian
Bellingham, WA 98226

List Price: $1,595,000
Closed Price: $1,620,000

Full Marketing Package available by clicking here.

Popular Hilltop Restaurant near Bellingham, WA raised equity by selling the real estate associated with the business.

The property was offered at $1,595,000, which is a 7.02% cap rate, but was sold at $1,620,000 through a multiple bids scenario. The operator signed a new 10-year lease.

9.35 Acres of Single Family Residential Development Land

5401 East Division Street
Mount Vernon, WA 98274

List Price: $340,000
Closed Price: $270,000

Full Marketing Package available by clicking here.

Up to 34 single-family lots adjacent to proposed elementary school.

9.35 acres suitable for single family detached development. Adjacent to proposed elementary school (~2017). 2013 assessed valuation of $421,400. About 1/2 mile from Eaglemont Golf Course. Development subject to off-site improvements required by City of Mount Vernon.

 

Un-anchored Neighborhood Shopping Center and Fitness Club

365 Spring St, 435 Argyle St
Friday Harbor, WA 98250

List Price: $2,919,888
Closed Price: $2,250,000

Full Marketing Package available by clicking here.

Multi-tenant property with upside potential.

The Harbor Village Shopping Center and the Poolside Building, located in Friday Harbor, on San Juan Island between Seattle, WA, Victoria, BC and Vancouver, BC, is un-anchored and serves as an island-wide neighborhood shopping center with second story office space, and two recreation oriented tenants – a bowling alley and a health club.

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