2000 Kentucky St
Bellingham WA 98229

2000 Kentucky Street

2000 Kentucky St Bellingham WA 98229

Listing #: 702296 | Status: Available | Last Modified: 12/4/2025 |

For Sale
Tracy Carpenter
  • Phone:(360) 303-2608
  • Email:tracy@gagecre.com
  • Office Name:Gage Commercial Real Estate LLC
  • Office Phone:(360) 483-0508
  • Office Website:
Greg Martineau,CCIM
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 7,400,000.0
  • $/SF$ 154.8
  • Listing StatusAvailable
  • Days on Market88
  • Asset ClassIndustrial
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income480,000
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income480,000
  • CAP Rate 6.50 %
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 Doors1
  • Semi-Dock Doors
  • Grade Level Door Count1
  • Crane Count
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units
  • # of Elevators1
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF47807
  • Net Rentable Area47807
  • Total Office SF16916
  • Largest Contiguous SF
  • Lot SF85813
  • Acres1.97
Property Type
  • Property TypeIndustrial
  • Office Type
  • Building Class
Location
  • CountyWhatcom
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWhatcom County
  • Tax ID #73846
  • Additional Parcels73922
  • ZoningLI
Construction
  • Year Built1984
  • Year Renovated
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction Type

Single Tenant NNN Leased Warehouse

Public Comments

Single-Tenant NNN Leased Property with 3% annual increases. Six-year lease commenced May 1, 2025. Landlord signed Bid to provide 4 new HVAC Units (HVAC work scheduled to be completed in October 2025). Premier location near I-5 in central Bellingham. 47,807 SF building with 29,950 SF Warehouse, 16,916 SF Office (Ground and Mezzanine) and 941 SF of covered loading dock. Large paved parking lot with approx. 70 parking spaces. Property is fully fenced, with entrance onto Kentucky St. Heavy Power in the building (480V, 1,600 Amp). Elevator on South wing. Warehouse space is sprinklered and plumbed throughout with pneumatics. Fully insulated structure (including roof). Covered loading dock has two truck wells.

Listing Images

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