2500 2502 Cedarwood Avenue, Bellingham, WA 98225

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Listing courtesy of RE/MAX Whatcom County, Inc.. Selling Office: ZNonMember-Office-MLS.

Sold Price
$899,000
List Price
$899,000
Status
SOLD
MLS#
2450864
Closing Date
Dec 12, 2025
Days on Market
13
Annual Tax Ammount
8133

Property Description

Turnkey multi-tenant retail/service investment in Birchwood with strong cash flow. Includes 2500 & 2502 Cedarwood Ave, Bellingham. Buildings total roughly 5,322 Square Feet. Commercial lot size totals roughly .44 acre. Gross income $6,300/month ($75,600/yr) with a $899,000 asking price. Diverse tenancy includes Barbershop, Licensing services, and Laundromat with Mail Center.

Additional Information

Community
Birchwood
Style
60 - Comm Bldg Und 10K
Year Built
1980
# of Assigned Spaces
27
Roof
Composition, Torch Down
Tax Year
2025
Potential Terms
Cash Out, Conventional
Flooring
Laminate, Vinyl, Carpet
Driving Directions
Corner of Cedarwood Ave and Birchwood Ave
Energy Source
Electric, Natural Gas
Net Operating Income
$56,416
Gross Adjusted Income
$75,960
Gross Scheduled Income
$75,960
Cap Rate
6.28
Total Expenses
$19,544
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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