Investment Overview

The Hefner Team of Marcus & Millichap is pleased to present exclusively for sale or lease, 2600 Bay Avenue in Hoquiam, Washington. The 2.05-acre property, zoned for general commercial use, has a dedicated rail spur, and is located on Bay Avenue in a highly trafficked, high visibility area. The property is surrounded by a variety of commercial and residential users, and just minutes from both downtown Hoquiam and downtown Aberdeen. The area has a very limited supply of industrial buildings of this size, and the 51,328 square foot building has heavy power, high ceilings, multiple loading docks, and a roll up grade level door. The Industrial building opportunity at 2600 Bay Avenue provides the future owner of this asset excellent proximity to Port of Grays Harbor amenities. The Port of Grays Harbor https://www.agp.com/press_release/agp-announces-expansion-of-port-facility/) operates seven lines of business including 4 deep-water marine terminals with dual class 1 rail service. The Port of Grays Harbor is Washington state’s number one (#1) commercial seafood landing port and directly supports more than 2,700 jobs within the local community. The Port prides itself on providing road, rail, air, and deep-water marine services to connect businesses with local operations to their customers. The 2600 Bay Avenue building gives the future owner of this asset the opportunity to operate amongst more than 100 businesses that operate within the port and its facilities. In 2024, greater than $8B in total economic activity in the United States will be related to the cargo activity moving via the Port of Grays Harbor (https://www.portofgraysharbor.com/). This activity is largely based around the import and export of vehicles, grains, forest products, seafood, etc. Currently set up for manufacturing and industrial storage, the 2600 Bay Avenue building is a potential candidate for conversion to self-storage or other industrial use. Buyer to perform all due diligence.