Bellingham, WA 98226 4131 Hannegan Road

Pending
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Presented By: Muljat Group and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2422744
  • 08/18/2025
  • Get pre-approved
  • Request Tour
  • Request Info
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Home Details

This income-producing property presents a strong investment with a solid 6.0% cap rate in place. Located in a high-traffic corridor near the intersection of Hannegan & E Bakerview. Positioned in North Bellingham, the property offers excellent access—just 5 mi to downtown, 11 mi to Lynden, & short 16-mile drive to the Canada/US border. Its strategic location supports a variety of commercial uses, attracts quality tenants, and benefits from ongoing regional growth and demand. Tenants enjoy the building’s offering of street-facing storefront with overhead door access in back, plus plenty of parking on-site. Whether you’re looking to expand your portfolio or secure a well-located asset with reliable returns, this property checks all the boxes.
Presented By: Muljat Group and NWMLS

Interior Features for 4131 Hannegan Road

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces

General for 4131 Hannegan Road

Building Area UnitsSquare Feet
Cap Rate6.08
Carport Y/NNo
CityBellingham
CountyWhatcom
DirectionsFrom I-5 take exit 255 for WA-542 E/Sunset Dr, follow Hannegan Rd, Property on left (turn left on Strider Ln, right into parking lot).
HOANo
HOA Fee$
Listing TermsCash Out, Conventional
Lot Size Square Feet48208
Lot Size UnitsSquare Feet
MLS Area860 – Bellingham
ModificationTimestamp2025-08-29T15:24:11.558Z
NWM_ShowMapLinkY
Net Operating Income152002
Number Of Units Total4
PossessionClosing
Possible UseCommercial, Industrial
Property Style61 – Comm Bldg Ovr 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksThis income-producing property presents a strong investment with a solid 6.0% cap rate in place. Located in a high-traffic corridor near the intersection of Hannegan & E Bakerview. Positioned in Nort
RoofMetal
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Feasibility
Structure TypeUnspecified
Subdivision NameBellingham
Tax Annual Amount17328
Tax Year2025
Total Actual Rent13605
Year Built2006
Zoning DescriptionCommercial, Industrial

Exterior for 4131 Hannegan Road

Building Area Total
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres1.1067
Parking Uncovered Total46
Total Parking46
Water SourcePublic

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $2,500,000
MLS#2422744
List Date 08/18/2025
Property Type Pending
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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