$1,600,000
0 Bed
0 Bath
0 Sqft
1.32 Acre Lot

2694 Roeder Avenue, Bellingham, Washington 98225

  • Commercial Sale Property Type
  • 387 Days on Market
  • 1971 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
NWM2034085
$1,600,000
0
0
0
0 Sqft
1971
1.32 Acre
Active
Commercial Industrial
0
Address Map
USA
WA
Whatcom
98225
109
Roeder
2694
Avenue
0
W123° 29' 44.2''
N48° 45' 36.6''
From I-5: Take Exit 253 for Lakeway Dr, head west
0
0
0
2694 Roeder Avenue , Bellingham, WA 98225-2071
Additional Information
2023-02-07
0
Windermere Real Estate Whatcom
0 ft
NWM9110
Bob Sandoz
NWM44491
Active
6173.3
2023
0
No
Agent info
Jolene Baijot
Contact Agent
Contact Us
jolene@denfinder.com (360) 223 4501