164 W Smith Rd
Bellingham WA 98226

164 W Smith Road

164 W Smith Rd Bellingham WA 98226

Listing #: 673299 | Status: Available | Last Modified: 3/31/2025 |

For Sale
Troy Muljat, CCIM
  • Phone:(360) 820-2000
  • Email:troy@muljat.com
  • Office Name:The Muljat Group Inc.
  • Office Phone:(360) 733-3030
  • Office Website:
Megan McLeod
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,000,000.0
  • $/SF$ 118.3
  • Listing StatusAvailable
  • Days on Market552
  • Asset ClassIndustrial
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income272,460
  • Vacancy Factor %5.00%
  • Operating Expenses14,673
  • Net Operating Income244,164
  • CAP Rate 6.54 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Industrial Asset Class Info
  • Dock High Doors
  • Semi-Dock Doors
  • Grade Level Door Count
  • Crane Count
Building Information
  • Building StatusExisting
  • # of Buildings3
  • # of Floors2
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF33804
  • Net Rentable Area28084
  • Total Office SF3464
  • Largest Contiguous SF
  • Lot SF524519
  • Acres12.04
Property Type
  • Property TypeIndustrial
  • Office Type
  • Building Class
Location
  • CountyWhatcom
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWhatcom County
  • Tax ID #3902254590790000
  • Additional Parcels390225459079
  • ZoningRIM
Construction
  • Year Built1970
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Industrial Building; New 5-Year Lease

Public Comments

Industrial property centrally located between Bellingham, Ferndale, and Lynden. Easy access to the Canadian Boarder or Interstate via well-traveled Guide Meridian (SR539). The property, over 12 acres in total, features industrial/shop space, office space re-built this year, exterior storage including silo storage, and large yard area. Zoned Rural Industrial and Manufacturing by Whatcom County. New 5-year lease in place; 6.5% Cap.

Listing Images