Bellingham, WA 98225
- 1.32 Acres
- Whatcom County
- MLS ID: NWM1833226
- Year Build: 1971
- Status: Active
- Property Type: Commercial Sale
- Area: 860 - Bellingham
- Exterior: ["Metal/Vinyl"]
- Address: 2694 Roeder Avenue , Bellingham, WA 98225-2071
- City: Bellingham
- State: WA
- Zip: 98225
- County: Whatcom
Excellent Industrial investment properties, well-positioned on Roeder Avenue at the Port of Bellingham, WA. Two (2) Metal Industrial Buildings with a total SF of approximately 11,000.00. 100% leased with three (3) strong Tenants with long-term NNN leases with rent escalations. Land is leased from the Port of Bellingham with 28 years left and an opportunity to extend if purchased as a 1031 Exchange. This property offers an excellent, stable long-term investment opportunity for a 1031 exchange or a passive investor looking for a positive return on their investment. All leases are NNN with owner paying only land lease to Port of Bellingham. Six percent (6%) cap rate on current rents, with rent escalations going forward.
From I-5: Take Exit 253 for Lakeway Dr, head west on Lakeway Dr, continue onto E Holly St, left on Central Ave, right on Roeder Ave, listing on the right.
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Listing #122214843 Courtesy of Robert Sandoz of Windermere Real Estate Whatcom. Last Updated: February 25, 2022.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.