2925 Roeder AveBellingham, WA 98225

This exceptional Class A, three-story creative office building, totaling 22,948 square feet, is situated on a 0.71-acre lot in Bellingham, WA (98225). Built in 1928 and extensively renovated in 2009, this AIA award-winning property boasts LEED Gold certification and offers stunning Bellingham Bay views, overlooking the San Juan Islands. The multi-tenant building features a mix of high-end green finishes on the upper two floors, while the ground floor offers a grey shell space ready for customization. Amenities include a lobby with a waiting area and a restroom featuring a shower. The property currently enjoys 68.7% occupancy, generating a pro-forma NOI of $445,970 and a 6.40% cap rate. The asking price is $6,950,000 ($302.86/sq ft). Its urban industrial setting, combined with proximity to parks, restaurants, the waterfront, downtown Bellingham, and the airport, makes it highly attractive to tech companies. Additional features include ample parking and a rooftop deck. The location just over the county line offers a significant advantage: no city B&O taxes. This presents a compelling investment opportunity with excellent, stable tenants. The property's APN is 380225-130445-0111. Lease type is NNN.