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Property profile & analytics
OFF-MARKET
Office buildings

709 Grover St Lynden, WA 98264-1851

1,418 SF 0.2 ac lot Built 1907
Entity Owned 4-yr Hold Absentee Owner
Property ID
US90-3031447
Property summary
AI-generated overview

This exceptional commercial property at 709 Grover Street, Lynden, WA, presents a unique investment opportunity. The main building offers 2,520 square feet of well-maintained office space, ideal for a variety of businesses. Features include a welcoming reception area with a waiting room, a dedicated conference room, three private offices, and a fully equipped kitchen. The building boasts updated plumbing and electrical systems, ensuring efficient and comfortable operation. Adding to its versatility, a sizable 1,100 square foot unfinished basement offers significant usable space, with a separate entry allowing for potential subleasing. The property sits on a generous 0.2-acre lot, providing ample room for expansion or redevelopment. The expansive lot presents exciting possibilities, including the construction of a mixed-use building incorporating office space on the main level and multifamily units above. Alternatively, the existing office building could be preserved, with the addition of a duplex or condominiums to the south. Enjoy breathtaking second-story views of Mount Baker, the Nooksack Valley, and the vibrant downtown Lynden area. This property is priced at $949,500 and offers significant upside potential for savvy investors.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1907
Total area 1,418 SF
Lot 0.2 ac (8,712 SF)
Zoning code CSL
APN 400320 169262 0000
UPID US90-3031447
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nicole L Terpstra PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Crabbin Cottage LLC · 4 yrs held
Crabbin Cottage LLC
since 2022
Last sale
$510,000
7 recorded transactions
2022
Price N/A
2021
Price N/A
2008
$300,000
2007
$220,000
2005
Price N/A
1996
$105,000
1969
Price N/A
Zoning & alternative use
CSL · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. Local commercial services (CSL): Th e purpose of the CSL zone is to provide a location for local scale retail develo pment (stores less than sixty -five thousand square feet), medical, professional and financial services. Development within this zone should focus on pedestrian connectivity to the surrounding area and

Zone name Local Commercial Services
General category COMMERCIAL
Zone area 172.07 ac
Source Complete Zoning Ordinance
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