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Martin's Automotive 5214 Guide Meridian

13,688 SF Retail Building Bellingham, WA 98226 $4,400,000 ($321/SF)

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Investment Highlights

Highly profitable, established business opportunity with room to expand!

Executive Summary

Unique opportunity to acquire a profitable business and residential rental property with room to expand! Additional vacant building that can be used to generate added income, as well as excess land for development if desired. Guide Meridian Frontage zoned Rural General Commercial. Incredible street exposure to over 20,000 vehicles daily, unmatched in the region. The property is 5 acres with a thriving automotive shop (5866 sf), occupied single family rental (2040 sf), large vacant shell (previously a kennel, 5200 sf), barn (600 sf) and additional land. All structures are well built, with history and character, and uncrowded on a beautiful site with a private pond, established fruit trees and landscaping, with a peekaboo Mt. Baker view!
Please call Sam Mullen at 206-799-9869 for details and to arrange a showing. The office and shops are continuing business operations and the single family home is occupied, please do not disturb. Thorough (prior three years) financial records available, as well as stabilized proforma and valuation methodology for prospective buyers. Recent sales numbers (T3) continue to improve on projections. Complete Matterport 360 tour of the inside of the shop and offices available upon request.

Valuations

Taxes & Operating Expenses (Actual - 2024) Click Here to Access	Annual	Annual Per SF
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Sale Type

Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Auto Repair

Building Size

13,688 SF

Building Class

Year Built

1975

Price

$4,400,000

Price Per SF

$321

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.06

Lot Size

5.00 AC

Zoning

GC - Rural General Commercial

About 5214 Guide Meridian , Bellingham, WA 98226

Unique opportunity to acquire a profitable business and residential rental property with room to expand! Additional vacant building that can be used to generate added income, as well as excess land for development if desired. Guide Meridian Frontage zoned Rural General Commercial. Incredible street exposure to over 20,000 vehicles daily, unmatched in the region. The property is 5 acres with a thriving automotive shop (5866 sf), occupied single family rental (2040 sf), large vacant shell (previously a kennel, 5200 sf), barn (600 sf) and additional land. All structures are well built, with history and character, and uncrowded on a beautiful site with a private pond, established fruit trees and landscaping, with a peekaboo Mt. Baker view! Broker Remarks Please call Sam Mullen at 206-799-9869 for details and to arrange a showing. The office and shops are continuing business operations and the single family home is occupied, please do not disturb. Thorough (prior three years) financial records available, as well as stabilized proforma and valuation methodology for prospective buyers. Recent sales numbers (T3) continue to improve on projections. Complete Matterport 360 tour of the inside of the shop and offices available upon request.