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