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Investment Highlights

  • On ground lease with Port of Bellingham through Oct 2069 (including lease options)
  • Waterfront District Urban Village Area 6
  • 170' dock will be replaced by the City of Bellingham to be completed in January, 2026. See section 03 of OM for more information

Executive Summary

Kidder Mathews is offering for sale an office, food processing, and cold storage facility with a 170' dock on the I & J Street Waterway of Bellingham Bay. The Seller is also open to a lease-to-purchase option for qualified parties.

Property Facts

Price $10,913,920 CAD
Price Per SF $310.94 CAD
Sale Type Investment
Sale Conditions
Ground Lease (Leasehold)
  • Lease Option
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Food Processing
  • Industrial Refrigeration ColdStorage
Building Class C
Lot Size 2.89 AC
Rentable Building Area 35,100 SF
No. Stories 1
Year Built/Renovated 1934/2020
Tenancy Single
Zoning WDUV - Waterfront District Urban Village

Amenities

  • Cooler
  • Floor Drains
  • USDA/FDA
  • Waterfront
  • Storage Space
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
380225-125440-0113
Land Assessment
$0 CAD
Improvements Assessment
$3,878,112 CAD
Total Assessment
$3,878,112 CAD
  • Listing ID: 32474851

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 1001 Hilton Ave, Bellingham, WA 98225

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