Courtesy of: Bob Sandoz | Windermere Real Estate Whatcom
$1,600,000Bellingham, WA 98225
1.32 Acres
Whatcom County
Key Features
MLS ID: 2034085
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
Description
Excellent industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two metal industrial buildings with a total SF of approximately 11,000. 100% leased with three strong tenants with long term NNN leases and rent escalations. Land is leased from the Port of Bellingham on a 25 year land lease. 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. Five percent cap rate on current rents, with rent escalations going forward.
Property Map
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.
Listing # Courtesy of Bob Sandoz of Windermere Real Estate Whatcom. Last Updated: January 23, 2025.
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.
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