2694 Roeder Avenue

Bellingham, WA 98225

  • Bed

  • Bath

  • 0 SqFt

  • 716 DOM

  • Built: 1971

  • Status: Active

$1,600,000

X

2694 Roeder Avenue

Bellingham 98225

$1600000

  • Bed

  • Bath

  • 0 SqFt

  • 716 DOM

  • Built: 1971

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 0

  • 10824

  • Metal

  • 71 - Light Indrl.

  • 1971

  • Slab

Features and Utilities

  • Metal/Vinyl

  • Public

  • Sewer Connected

Financial

  • 6173.3

  • Cash Out, Conventional

  • 02-07-2023

  • 11876

Comparable Information

  • 716

  • 716

  • Cash Out, Conventional

  • $1,600,000

  • $1,600,000

  • Jan 23, 2025 17:48

Schools

Map

Listing courtesy of Windermere Real Estate Whatcom.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 09, 2025 01:16 | Listing last modified Jan 23, 2025 17:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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