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    2009 Masonry Way Bellingham, WA 98226

    Sponsored
    For Sale
    $749,500

    Spacious industrial condo, ideal for various uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2877 square foot industrial condo, located at 2009 Masonry Way Unit 101/3 in Bellingham, Washington, presents a unique investment opportunity. The property boasts a highly desirable central location and offers a versatile layout perfect for a variety of commercial uses. The ground floor encompasses a substantial 2877 square feet of usable space, complemented by a spacious 943 square foot mezzanine, providing ample room for storage, office space, or additional production areas. Access is convenient with three entry doors and two overhead doors – one measuring 10' x 9' and the other 12' x 14' – facilitating easy loading and unloading of goods. The unit also includes vinyl windows for natural light and a half bath. A key feature of this property is its adaptability. The layout allows for partitioning into two separate units (Unit 101 and Unit 103), offering flexibility for expansion or the potential for leasing a portion of the space. Ample common parking is available for employees and clients. The retail entry provides a professional and welcoming storefront presence. Priced at $749,500, this industrial condo represents a compelling investment in a thriving Bellingham location. The property sits on a 0-acre lot.

    Property Features for 2009 Masonry Way

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2024
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.4526
    Latitude
    48.77979

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious industrial condo, ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 2009 Masonry Way Bellingham, WA.
    What is the asking price?
    The asking price for this property is $749,500.
    (360) 398-6800
    Request Owner's contact information
    2009 Masonry Way Bellingham, WA 98226
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    Bellingham, WA 98226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2009 Masonry Way Bellingham, WA 98226
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