Home > Listing > Bellingham > Other > 2694 Roeder Avenue
2694 Roeder Avenue
$1,600,000
Downtown
Bellingham,WA, 98225
Robert Sandoz, Listing Courtesy of Windermere Real Estate Whatcom
2694 Roeder Avenue, Bellingham Other For Sale Photo
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.
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.
No Openhouses Information Available.
School Name | Type | Grades | Catchment | Distance |
---|---|---|---|---|
{{ item.school_type }} | {{ item.school_grades }} | {{ item.is_catchment? 'In Catchment': '' }} | {{ item.distance }} |
Mortgage Calculator
- Style Code: 71 - Light Indrl.
- MLS Area Major: 860 - Bellingham
- Street Number Numeric: 2694
- Street Name: Roeder
- County Or Parish: Whatcom
- City: Bellingham
- State Or Province: WA
- Postal Code: 98225
- Sale Type: MLS
- Directions: From I-5: Take Exit 253 for Lakeway Dr, head west on Lakeway Dr, continue onto E Holly St, left on Central Ave, right on Roeder Ave, listing on the right.
- Property Type: Commercial Sale
- Property Sub Type: Commercial Industrial
- Tax Year: 2021
- Exterior Features: Metal/Vinyl
- Roof: Metal
- Sewer: Sewer Connected
- Water Source: Public
- Power Company: Puget Sound Energy
- Sewer Company: City of Bellingham
- Water Company: City of Bellingham
- Foundation Details: Slab
- Topography: Level
- Year Built: 1971
- Lot Size Square Feet: 57499
- Building Area Units: Square Feet
- MLS Lot Size Source: Port of Bellingham Leased Land
- Parcel Number: 3802251304450101
-
1 Beach 573-F 1988 | 2 Beds| 2 Baths $2,500
-
7 E Schouweiler Tracts Road 1978 | 3 Beds| 3 Baths $495,000
-
428 Harborview Drive SE #125 1979 | 2 Beds| 2 Baths $1,200,000
-
17 Bacon Lake Road $495,000
-
1009 Downs Road $395,000
-
3838 36th Avenue W 2022 | 4 Beds| 3 Baths $2,150,000
-
59219 Lumpy Lane E 2016 | 2 Beds| 2 Baths $1,275,000
-
14123 93rd Avenue SE 1991 | 3 Beds| 2 Baths $725,000