1001 Hilton Ave Bellingham, WA 98225

Property Details for 1001 Hilton Ave

Year built

1986

Property size

27,493 SF

Zone code

WFUV

Property type

Grocery and convenience stores

APN

380225 125440 0113

APU

3802251254400113

Description

This exceptional 35,100-square-foot industrial property, located at 1001 Hilton Ave, Bellingham, WA 98225, presents a unique investment opportunity. Situated on approximately one acre of land in the Waterfront District Urban Village, this vacant property features a 14,600-square-foot production area, a 4,400-square-foot office space, a 10,400-square-foot cold storage building, and a 5,700-square-foot dry warehouse. The property boasts two loading docks with two dock-high doors and a 168-linear-foot marine dock adjacent to the improvements. The asking price is $8,000,000, translating to $227.92 per square foot. A ground lease with the Port of Bellingham is in place, extending until November 30, 2065. The City of Bellingham is slated to replace the 3,700-square-foot dock by June 2025. This property is zoned for Mixed Use/Marine Trade within the City Center Zoning Overlay. The property is an owner/user investment opportunity. This prime waterfront location offers significant potential for various industrial and marine-related businesses. The property's size, features, and location make it an attractive investment in a thriving waterfront district. Further details are available upon request.