1700 Iowa St, Bellingham, WA 98225 (MLS # 2185304)
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Listing provided courtesy of Northwest MLS; Pacific Continental Realty LLC
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Investor Alert! Iowa Business Center in Bellingham is a well-maintained office/retail location with 3 buildings situated on 3.22 acres with ample parking, excellent visibility, easy access to I-5, & downtown Bellingham. This 18-unit center has a very high historical occupancy with many long-term tenants. Base rents range from $12.95 to $18.13 psf plus nnn leaving room for resetting rents upon tenant turnover. The property has been professionally managed and maintained by PCR for the last 18 years and is good condition for the next investor to stay the course or create a new vision for the Center.
| DAYS ON MARKET | 145 | LAST UPDATED | 12/13/2023 |
|---|---|---|---|
| TRACT | Roosevelt | YEAR BUILT | 1979 |
| COMMUNITY | Roosevelt | COUNTY | Whatcom |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | 860 - Bellingham |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| HEAT | Electric, None |
| LOT | 3.2194 acre(s) |
| SUBDIVISION | Roosevelt |
| UTILITIES | Sewer Connected |
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 5/4/24 3:43 PM 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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