Listing Office: Windermere Real Estate Whatcom Northwest Multiple Listing Service Logo

1111 W Holly Street, Bellingham, WA

$1,950,000 USD

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0.34

Acres

About 1111 W Holly Street

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.

Features of 1111 W Holly Street

MLS® # 2044549
Price $1,950,000 USD
Acres 0.34
Year Built 1979
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 1111 W Holly Street
Area 860 - Bellingham
Subdivision Downtown
City Bellingham
County Whatcom
Province WA
Postal Code 98225

Amenities

Parking Spaces 27

Interior

Interior Features Wall to Wall Carpet

Exterior

Exterior Features Wood
Foundation Poured Concrete

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWindermere Real Estate Whatcom

Listing Map

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