1111 W Holly Street, Bellingham, WA 98225 (MLS # 2044549)
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Listing provided courtesy of Northwest MLS; Windermere Real Estate Whatcom
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Fully leased 9,090 two story office building with secure parking garage and wide open views south across Bellingham Bay offered at 5.8% cap rate. This office building has been cared for by an attentive owner and is in terrific condition with newer paint, membrane roof, extensive interior remodeling and independent HVAC in each suite. Recent PSE audit added all LED lights for efficiency. Tenant mix is a very good cross section providing insulation against shifting market conditions. Building enjoys 27 total parking spaces, 18 of which are in the secured parking garage, along with several parking spaces on the street. The location of this building cannot be beat given its proximity to downtown, the waterfront and the core neighborhoods.
| DAYS ON MARKET | 432 | LAST UPDATED | 3/13/2024 |
|---|---|---|---|
| TRACT | Downtown | YEAR BUILT | 1979 |
| COMMUNITY | Downtown | COUNTY | Whatcom |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Mar 13, '24 | $2,050,000 |
|---|---|
| Mar 13, '24 - Today | $1,950,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 860 - Bellingham |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric, Heat Pump |
| INTERIOR | Wall to Wall Carpet |
| LOT | 0.3444 acre(s) |
| LOT DESCRIPTION | Sloped |
| LOT DIMENSIONS | 150*100 |
| STYLE | 60 - Comm Bldg Und 10K |
| SUBDIVISION | Downtown |
| UTILITIES | Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/18/24 7:01 AM PDT. 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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