2694 Roeder Avenue, Bellingham, WA 98225

Listing office Windermere Real Estate Whatcom Show Phone

Listing date Jul 15, 2024

Source Exprealty

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Overview

This industrial investment property is located on Roeder Avenue at the Port of Bellingham, Washington. The property consists of two metal industrial buildings with a total area of approximately 11,000 square feet. The property is 100% leased to three tenants with long-term NNN leases that include rent escalations. The land is leased from the Port of Bellingham on a 25-year land lease. The leases are NNN, with the owner responsible for the land lease payment to the Port of Bellingham. The property is suitable for a 1031 Exchange or a passive investor.

Suggested Use

Pharmacy Hotel & Motel Auto Parts Store Building Supply HVAC Service Grocery & Convenience Store Electronics & Wireless Store Department Store Grocery & Convenience Store Wine and Liquor Store

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

Location Insight

• Map
• Local Demand

City

Bellingham

County

Whatcom

State

Washington

Longitude

-122.505

Latitude

48.76

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FAQs

What type of property is this?

Industrial property - Industrial investment property at the Port of Bellingham, 100% leased.

Where is this industrial property located?

The property is located at 2694 Roeder Avenue Bellingham, WA.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: 100% leased with three strong tenants providing stable, long‑term income.; Long‑term NNN leases with rent escalations ensure increasing returns.; Well‑positioned industrial properties on Roeder Avenue at the Port of Bellingham, WA.