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Listed by Muljat Group
$2,500,000
Est. payment /mo
1.11 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Bellingham
MLS Listing ID 2422744
Style 61 - Comm Bldg Ovr 10K
Year Built 2006
Annual Tax Amount $17,328
Lot Size 1.107 Acres
Property Sub-Type Commercial Industrial
Property Description
This income-producing property presents a strong investment with a solid 6.0% cap rate in place. Located in a high-traffic corridor near the intersection of Hannegan & E Bakerview. Positioned in North Bellingham, the property offers excellent access—just 5 mi to downtown, 11 mi to Lynden, & short 16-mile drive to the Canada/US border. Its strategic location supports a variety of commercial uses, attracts quality tenants, and benefits from ongoing regional growth and demand. Tenants enjoy the building's offering of street-facing storefront with overhead door access in back, plus plenty of parking on-site. Whether you're looking to expand your portfolio or secure a well-located asset with reliable returns, this property checks all the boxes.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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