Listed by BuyerMax - RE/MAX Whatcom County, Inc, RE/MAX Whatcom County, Inc.
$795,000
Restaurant with 2 Office/ Apartment Units
Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,678
Units 3
Cap Rate 7.54%
NOI $62,170
Tenancy Multi
Lease Type NNN
Year Built 1963
Buildings 1
Stories 2
Lot Size (SqFt) 15,216
Bow Restaurant, Espresso Stand & 2 Office/Residential Units
Marketing description
Prime Mixed-Use Investment at Bow Hill Rd & Chuckanut Dr. High-visibility, 3-tenant property with strong cash flow: Bow Kitchen Hub Restaurant & Bar leased $5,000/mo, new drive-thru Coffee Stand leasing $1,000/mo, and 2nd Floor flex apartment/office projected income of $1,100/mo. Well-maintained with modern upgrades, appliances, indoor dining & covered patio. Two adjacent parcels offer expansion, redevelopment, or long-term portfolio growth in this highly desirable, strategic, high-traffic corridor. Current monthly income of $6,000
Investment highlights
Tenant pays 100% NNN Absolute Net .
Listing Contacts
Listed by BuyerMax - RE/MAX Whatcom County, Inc, RE/MAX Whatcom County, Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,170.00
$5,180.83/mo
Valuation Metrics
0
DSCR
7.82%
Cap Rate
7.82%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
