3136 Squalicum Parkway A, Bellingham
$1,250,000
MLS® # 2066381
2694 Roeder Avenue, Bellingham
$1,600,000
Listing Office: Windermere Real Estate Whatcom.
0 Bed
0 Bath
1.32 Acres
0 Garage
Excellent industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two metal industrial buildings with a total SF of approximately 11,000. 100% leased with three strong tenants with long term NNN leases and rent escalations. Land is leased from the Port of Bellingham on a 25 year land lease. This property offers an excellent, stable long term investment opportunity for a 1031 Exchange or a passive investor looking for a positive return on their investment. All leases are NNN with owner paying only land lease to Port of Bellingham. Five percent cap rate on current rents, with rent escalations going forward.
Essential Information
MLS® #2034085
Price$1,600,000
Bathrooms0.00
Acres1.32
Year Built1971
TypeCommercial Sale
Sub-TypeCommercial Industrial
StatusActive
Community Information
Address2694 Roeder Avenue
Area860 - Bellingham
SubdivisionDowntown
CityBellingham
CountyWhatcom
StateWA
Zip Code98225
Exterior
Exterior FeaturesMetal/Vinyl
FoundationSlab
Additional Information
Days on Market449
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Listing information last updated on May 1st, 2024 at 4:29pm CDT.
