Manufacturing Flex
For Sale
Contact for pricing
Pending
2212 Grant St, Bellingham, WA 98225
Brand-new 4,000 SF manufacturing-zoned building with 3,200 SF warehouse, 800 SF office, and two overhead doors.
Property Size4,000 SF
Days on Market544
Property Features for 2212 Grant St
General Information
Standard status
Pending
Size
4,000 SF
Property subtype
INDUSTRIAL
Listing Agency:
RE/MAX Whatcom County, Inc.
(360) 393-7009
Listed By:
Miguel Brionez · License #118923
(360) 393-7009
Source:
Moodyscre
Added: Feb 2, 2025
Changed: Jul 26
Last Checked: Jul 30 at 10:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Whatcom County, Inc.
Investment Insights
Based on property information with market context.
Brand new manufacturing-zoned flex building totaling 4,000 SF, built with a 3,200 SF warehouse area and an 800 SF office component. The layout includes two overhead doors, with one at the front and one at the rear, supporting straightforward loading and access from both sides of the building.
Situated in a central Bellingham location within the Sunnyland Neighborhood, the property is described as offering quick and easy access to I-5.
For sale with owner financing available, this is a practical option for users looking for on-site office support alongside manufacturing and warehouse space.
Situated in a central Bellingham location within the Sunnyland Neighborhood, the property is described as offering quick and easy access to I-5.
For sale with owner financing available, this is a practical option for users looking for on-site office support alongside manufacturing and warehouse space.
Key Highlights
- Brand‑new 4,000 SF building zoned for manufacturing
- 3,200 SF warehouse plus 800 SF office space
- Two overhead doors (one front and one back) for easier access
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.2k | $22.56 |
| − Vacancy | −$15.6k | −$3.90 |
| EGI | $74.6k | $18.66 |
| − OpEx | −$18.7k | −$4.66 |
| NOI | $56.0k | $13.99 |
4,000 SF · lease $22.56/SF/yr · vacancy 17.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$799.6K
$699.6K – $932.9K
NOI $55,971 @ 7.0% cap · market cap 4.03%
Second Best
Flex RnD
$432.6K
$378.5K – $504.7K
NOI $30,283 @ 7.0% cap · market cap 2.18%
Theoretical Best
Office A
$943.6K
$825.7K – $1.10M
NOI $66,054 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,522
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98225, WA
49,078
Population
24,202
Households
2
Avg Household Size
31
Median Age
48%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
3,895
Density / Sq Mi
$62,220
Median Household Income
$33,122
Median Earnings
$1,430
Median Rent
$588,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fools Onion Catering — 2208 James St, Bellingham, WA 98225
- Danielle's Back East BBQ — Wander Brewing, 1807 Dean Ave, Bellingham, WA 98225
- ARAMARK — 311 Grand Ave, Bellingham, WA 98225
Frequently Asked Questions
What type of property is this?
Flex space - Brand-new 4,000 SF manufacturing-zoned building with 3,200 SF warehouse, 800 SF office, and two overhead doors.
Where is this flex space located?
The property is located at 2212 Grant St Bellingham, WA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Brand‑new 4,000 SF building zoned for manufacturing; 3,200 SF warehouse plus 800 SF office space; Two overhead doors (one front and one back) for easier access
