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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by Windermere Real Estate Whatcom

$ 1,950,000

Est. payment -/mo

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Pending

1111 W Holly ST Bellingham, WA 98225

0.34 Acres Lot

UPDATED:

09/29/2024 03:36 PM

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Pending

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2044549

Style 60 - Comm Bldg Und 10K

Year Built 1979

Lot Size 0.344 Acres

Lot Dimensions 150*100

Property Description

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.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Interior Features Wall to Wall Carpet

Flooring Carpet

Fireplace Yes

Exterior

Exterior Feature Wood

Roof Type See Remarks

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

ONE Real Estate

Broker

+1(360) 201-0908

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