Listing Office: Windermere Real Estate Whatcom
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 |
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Price | $1,950,000 |
Bathrooms | 0.00 |
Acres | 0.34 |
Year Built | 1979 |
Type | Commercial Sale |
Sub-Type | Commercial Industrial |
Status | Active |
Community Information
Address | 1111 W Holly Street |
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Area | 860 - Bellingham |
Subdivision | Downtown |
City | Bellingham |
County | Whatcom |
State | WA |
Zip Code | 98225 |
Amenities
Parking Spaces | 27 |
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Is Waterfront | No |
Interior
Interior Features | Wall to Wall Carpet |
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Heating | Baseboard, Heat Pump |
Cooling | Wall Unit(s) |
Fireplace | No |
Exterior
Exterior Features | Wood |
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Foundation | Poured Concrete |
Additional Information
Days on Market | 547 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Windermere Real Estate Whatcom |
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