4131 Hannegan RD Bellingham, WA 98226

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.