Exceptional investment opportunity featuring a well-established storage complex with strong occupancy & consistent income history, currently offering a strong 7% cap rate, paired with a well-maintained single-family residence built in 2006. Existing county-recognized legacy non-conforming storage use. The property offers a total of 243 rentable units, including 159 indoor units & 84 outdoor spaces, with additional potential to increase unit count through reconfiguration. Situated on approximately 8.5 acres, the property provides ample room for expansion. The improvements have been well-maintained & updated over time. The on-site residence has also seen significant recent upgrades, including a new roof and exterior paint in 2025, along with substantial interior flooring updates completed in 2025-2026, making it ideal for an owner/operator or supplemental rental income. Strong tenant history, high occupancy levels, and ongoing capital improvements make this a turnkey asset for investors seeking both reliability and growth.
|
LAST UPDATED
|
7/8/2026
|
TRACT
|
Bellingham
|
|
YEAR BUILT
|
2006
|
COMMUNITY
|
Bellingham
|
|
COUNTY
|
Whatcom
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
| AREA |
895 - Mount Baker/Deming |
| CONSTRUCTION |
Metal Siding, Vinyl Siding |
| HEAT |
None |
| LOT |
8.55 acre(s) |
| MLS STATUS |
Active |
| SEWER |
Septic Tank |
| STYLE |
71 - Light Indrl. |
| SUBDIVISION |
Bellingham |
| TAXES |
6697.47 |
| ZONING |
Residential |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/10/26 1:58 PM 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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