$1,600,000
For Sale

2694 Roeder Avenue

Bellingham, WA 98225
#1833226
Courtesy of Windermere Real Estate Whatcom
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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 with 28 years left and an opportunity to extend if purchased as a 1031 Exchange. 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.
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  • Property Details
    • Property
      • Exterior materials:Metal/Vinyl
    • Measurements
      • Acres:1.32
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:71 - Light Indrl.
    • Condition
      • Year built:1971
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Sewer Connected
  • Community and Neighborhood Details
    • Location
      • County:Whatcom
    • Community
      • Subdivision:Downtown
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 600, 000
      • Selling Office Commission:2.5
      • Annual taxes:$3, 609
      • Days on Market (Cumulative):455
  • Other
    • Source
      • MLS #:1833226

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Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Copyright 2022 Northwest Multiple Listing Service. All rights reserved.



Last Updated: . Source: NWMLS

Listing Courtesy
Listing Agent: Bob Sandoz (#NWM44491)
Listing Office: Windermere Real Estate Whatcom (#NWM9110)

Doug WalkerReal Estate Group
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Claims of Copyright Infringement & Related Issues

Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Copyright 2022 Northwest Multiple Listing Service. All rights reserved.



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