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$1,600,000
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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.
Full Property Details
Full Property Details for 2694 Roeder Ave
General
- Sold For: $1,600,000
- Taxes: $6,173 (2023)
- Status: Closed
- Type: Industrial
- Source: NWMLS
- MLS ID: 2034085
- Added to Site: 1, 341 day(s) ago
Location
- Area: 860 - Bellingham
- County: Whatcom
- Subdivision: Downtown
- Driving 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.
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Industrial
- Exterior Const.: Metal/Vinyl
- Foundation: Slab
- Roof: Metal
- Loading: 4-6 Bays, Grade
- Office: 1,200 Sq. Ft.
- Warehouse: 9,528 Sq. Ft.
- Year Built: 1971
- Property Condition: Good
Lot Features
- Lot Size (Acres): 1.32
- Lot Size (Sq. Ft.): 57,499
- Lot Size Source: Port of Bellingham Leased Land
- Lot Dimensions: Irregular
- Lot Depth: 165
- Topography: Level
- Zoning: Industrial, Industrial-Light
Financial Considerations
- Tax Amount: $6,173.3
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: See Remarks
- Surveyed: false
- Property ID: 3802251254400101
Listed and Sold by Bob Sandoz | Windermere RE Whatcom, Inc. | (360) 734-7500
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Schools
Schools serving 2694 Roeder Ave
School District:Bellingham School District
| Name | Grades | Distance |
|---|---|---|
Columbia Elementary School, Bellingham, WA 2508 Utter Street, Bellingham, WA 98225 | PK-5 | 0.6 mi |
Shuksan Middle School 2717 Alderwood Avenue, Bellingham, WA 98225 | 6-8 | 1.3 mi |
Bellingham High School 2020 Cornwall Avenue, Bellingham, WA 98225 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2694 Roeder Ave
Date
Details
Price
Change
Source
9/01/2026
Sold
$1,600,000
—
MLS
2/07/2023
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2694 Roeder Avenue, Bellingham, WA 98225 (MLS# 2034085) is a Industrial property that was sold at $1,600,000 on September 01, 2026. Want to learn more about 2694 Roeder Avenue? Do you have questions about finding other Industrial real estate for sale in Bellingham? You can browse all Bellingham real estate or contact a Coldwell Banker agent to request more information.

