Property Description
Excellent Industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two (2) Metal Industrial Buildings with a total SF of approximately 11,000.00. 100% leased with three (3) strong Tenants with long term NNN leases with rent escalations. Land is leased from the Port of Bellingham on a twenty-five (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. Six percent (6%) cap rate on current rents, with rent escalations going forward.
Features
0
0
0
0
: Sewer Connected
: Industrial
No
No
Address Map
US
WA
Bellingham
98225
Roeder
2694
Avenue
W123° 29' 44.2''
N48° 45' 36.6''
Downtown
Additional Info
No
Sewer Connected
: Public
: City Of Shelton
Irregular
MLS/Listing
Active
: See Remarks
08/26/2021
123
08/27/2021 14:18:22
08/26/2021
$0
Property Tax
$3,609
3802251304450101
Billahome Estimated Value:
School Rating Disclaimer
School data showing above are provided by GreatSchools. This School data are intended to be used as reference purpose only.
School attendance zone boundaries are provided by a third party and are subject to change. It is not guaranteed to be 100% accurate.
Commercial Sale
2694 Roeder Avenue, Bellingham, Washington 98225
0 Bedrooms
0 Bathrooms
0 Sqft
$1,600,000
MLS #1830776
Property Details
Status : Active
Property Type : Commercial Sale
Property Sub Type : Commercial Industrial
Listing Type : For Sale
MLS : 1830776
Price : $1,600,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1971
Square Footage : 0 Sqft
Lot Size Square Feet : 57,499 Sqft
Days On Market : 719
Office Name : Windermere Real Estate Whatcom
Agent Name : Robert Sandoz
Estimate Price :
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