2034 Franklin Street, Bellingham
$2,150,000
MLS® # 2220797
1111 W Holly Street, Bellingham
$1,950,000
Listing Office: Windermere Real Estate Whatcom.
0 Bed
0 Bath
.34 Acre
0 Garage
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.
Essential Information
MLS® #2044549
Price$1,950,000
Bathrooms0.00
Acres0.34
Year Built1979
TypeCommercial Sale
Sub-TypeCommercial Industrial
StatusActive
Community Information
Address1111 W Holly Street
Area860 - Bellingham
SubdivisionDowntown
CityBellingham
CountyWhatcom
StateWA
Zip Code98225
Amenities
Parking Spaces27
Interior
Interior FeaturesWall to Wall Carpet
HeatingBaseboard, Heat Pump
CoolingWall Unit(s)
Exterior
Exterior FeaturesWood
FoundationPoured Concrete
Additional Information
Days on Market408
Property History
Price Reduced from $2,050,000 to $1,950,000
LISTING MAP
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Listing information last updated on April 25th, 2024 at 12:58am CDT.
