1111 W Holly Street , Bellingham, WA 98225

WA, Bellingham
$1,950,000
  • 0.34 Acre
  • Commercial Sale Property Type
  • 1979 Year Built
  • Closed Status
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.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2044549
  • Price: $1,950,000
  • Year Built: 1979
  • Lot Area: 0.34 Acre
  • Status: Closed
  • Office Name: Windermere Real Estate Whatcom
  • Agent Name: Jason Loeb
  • Property Sub Type: Commercial Industrial
  • Roof: See Remarks
Features
  • Heating System Heat Pump, Baseboard
  • Cooling System Wall Unit(s)
  • Exterior Features Wood
  • Flooring Carpet
  • Interior Features Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Bellingham
  • Zipcode 98225
  • Street: Holly
  • Street Number: 1111
  • Street Suffix: Street
  • Longitude: W123° 30' 39.5''
  • Latitude: N48° 45' 21.1''
  • Directions: Northbound I-5 exit 253 head W on Lakeway Drive, continue on to W Holly Street, Building is 1.5 miles from I-5 on the S side of W. Holly Street.
  • Mls Area Major: 860 - Bellingham
  • Street Dir Prefix: W
Additional Information
  • Lot Size Dimensions: 150*100
  • Water Source: Public
  • Possible Use: Commercial
  • On Market Date: 2023-03-13
  • Foundation Details: Poured Concrete
Listing Information
  • List Agent Mls Id: 59852
  • List Office Mls Id: 9110
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-02-03T12:02:08Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-01-06T20:54:10Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

Similar Properties

MLS On The Fly