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Listing provided courtesy of Northwest MLS; Windermere Real Estate Whatcom

PRICE $1,600,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 1.32 ac
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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.

LAST UPDATED 7/18/2024 TRACT Downtown
YEAR BUILT 1971 COMMUNITY Downtown
COUNTY Whatcom STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 860 - Bellingham
CONSTRUCTION Metal Siding, Vinyl Siding
HEAT None
LOT 1.32 acre(s)
LOT DESCRIPTION Level
LOT DIMENSIONS Irregular
MLS STATUS Active
STYLE 71 - Light Indrl.
SUBDIVISION Downtown
TAXES 6173.3
UTILITIES Sewer Connected
WATER Public
ZONING Industrial,Industrial-Light
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/3/26 2:06 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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