1111 W Holly Street, Bellingham, WA 98225

Active

1111 W Holly Street, Bellingham, WA 98225


Courtesy of: Jason Loeb | Windermere Real Estate Whatcom
$1,950,000 Bellingham, WA 98225
  • 0.34 Acres
  • Whatcom County

Key Features

  • MLS ID: 2044549
  • Year Build: 1979
  • Status: Active
  • Property Type: Commercial Sale
  • Area: 860 - Bellingham
  • Exterior: ["Wood"]
  • Address: 1111 W Holly Street , Bellingham, WA 98225
  • City: Bellingham
  • State: WA
  • Zip: 98225
  • County: Whatcom

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 Map

Northbound I-5 exit 253 head W on Lakeway Drive, continue on to W Holly Street, Building is 1.5 miles from I-5 on the S side of W. Holly Street.

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