Easy $70k net revenue per month. The Marina Building sits proudly on the corner of Coho Way and Roeder Ave within the Port of Bellingham’s Marina District. Actual cap rate is 7.5%, with a strong mix of regional and local tenants. 1st floor is anchored by LFS retail sales serving the marine industry, with the 2nd and 3rd floor as Class A office with secure entry served by an elevator. This 47k plus sq ft, fully sprinkled building has been meticulously upgraded and maintained with a tenant occupancy average of 9 years. Building is situated on a landlord favorable Port of Bellingham Land Lease with 36 years remaining. The math works! Abundant parking, in a walkable area with easy access to affiliated services, restaurants, trails and parks. Please do not disturb tenants.
Listing Provided Courtesy of KC Coonc, Pacific Continental Realty LLC
General Information
NWM2477027
Commercial Industrial
16
DOM
0 SqFt
0
1991
Commerc
Whatcom
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of KC Coonc, Pacific Continental Realty LLC
Krishna Realty data last checked: Feb 21, 2026 21:47 | Listing last modified Feb 05, 2026 19:23,
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Residence Information
0
61 - Comm Bldg Ovr 10K
1991
Features and Utilities
Financial
Conventional
02-05-2026
Comparable Information
16
16
Conventional
$11,385,000
$11,385,000
Feb 05, 2026 19:23
Schools
Map
Listing courtesy of Pacific Continental Realty LLC.
Easy $70k net revenue per month. The Marina Building sits proudly on the corner of Coho Way and Roeder Ave within the Port of Bellingham’s Marina District. Actual cap rate is 7.5%, with a strong mix of regional and local tenants. 1st floor is anchored by LFS retail sales serving the marine industry, with the 2nd and 3rd floor as Class A office with secure entry served by an elevator. This 47k plus sq ft, fully sprinkled building has been meticulously upgraded and maintained with a tenant occupancy average of 9 years. Building is situated on a landlord favorable Port of Bellingham Land Lease with 36 years remaining. The math works! Abundant parking, in a walkable area with easy access to affiliated services, restaurants, trails and parks. Please do not disturb tenants.
