2694 Roeder Avenue
Bellingham, WA 98225
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.
Property Details
Property
- Exterior materials:Metal/Vinyl
Measurements
- Acres:1.32
Construction Details
Type & Style
- Property type:Purchase
- Style:71 - Light Indrl.
Condition
- Year built:1971
Material information
- Foundation:Slab
Utilities / Energy Details
Utility
- Sewer information:Sewer Connected
- Utility source:Public
Community and Neighborhood Details
Community
- Subdivision:Downtown
Location
- County:Whatcom
Financial Details
Pricing Details
- Original List Price:$1, 600, 000
- Days on Market (Cumulative):228
- Buying Agency Compensation:2.5
- Taxes annual:$6, 173
Other
Source
- MLS #:2034085
Location
Legal
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.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Bob Sandoz (#NWM44491)
Listing Office: Windermere Real Estate Whatcom (#NWM9110)
Interested in Purchasing 2694 Roeder Avenue?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!
