Provided by NWMLS, Listed by Windermere Real Estate Whatcom

Pending

1111 W Holly Street

Bellingham WA, 98225

$1,950,000


Pending

Commercial

Built in 1979

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.

2044549

MLS ID

March 13, 2023

Listed

November 22, 2024

Updated

Map

1111 W Holly Street
Bellingham WA, 98225

Interior Features

Interior Features

Wall to Wall Carpet


Floor Description

Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Baseboard, Heat Pump

Exterior/Building Features

Lot Size

0.34 Acres


Exterior Features

Wood


Roof

See Remarks


Sewer

Sewer Connected

Other Property Details

Area Name

860 - Bellingham


Garage

No


Parking Total

27


View

No


County

Whatcom


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/29/2024

Pending

3/14/2024

Price change

$1,950,000

-5%

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/3/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/3/2024 at 3:00 PM UTC . 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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Data last updated on 12/3/2024 at 3:00 PM UTC 

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