1111 W Holly Street
Bellingham, WA 98225
0.34 acres | #2044549
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.
Property Details
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- InteriorWall to Wall Carpet
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Date ListedMarch 13, 2023
- Structure TypeUnspecified
- Original List Price$2,050,000
- Property TypePurchase
- SubdivisionDowntown
- CountyWhatcom
- MLS #2044549
- Cost1950000
- MLS #2044549
- Acres0.3444
- Utility SourcePublic
- Exterior MaterialsWood
- Year Built1979
- Property ConditionGood
- Days on Market (Cumulative)606
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:15:11. 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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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Jason Loeb (#NWM59852)
Listing Office: Windermere Real Estate Whatcom (#NWM9110)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
