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$1,842,800

  • Sold
  • Closed
  • Industrial

Listed and Sold by Jason Loeb | Windermere Real Estate Whatcom | (360) 734-7500

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See This Home
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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.

Full Property Details for 1111 W Holly St

General

  • Sold For: $1,842,800
  • Taxes: (2022)
  • Status: Closed
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2044549
  • Added to Site: 733 day(s) ago

Rental Information

  • Complex Features: Disabled Access, Elevator, Signage Included, Storage

Interior

  • Interior Features: Wall to Wall Carpet
  • Flooring: Carpet

Parking

  • Covered Spaces: 18
  • Uncovered Spaces: 9

Location

  • Area: 860 - Bellingham
  • County: Whatcom
  • Subdivision: Downtown
  • Driving Directions: 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.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Baseboard, Heat Pump

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Unspecified
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: See Remarks
  • Office: 9,090 Sq. Ft.
  • Year Built: 1979
  • Property Condition: Good

Lot Features

  • Lot Size (Acres): 0.3444
  • Lot Size (Sq. Ft.): 15,000
  • Lot Size Source: Survey
  • Lot Dimensions: 150*100
  • Lot Depth: 100
  • Topography: Sloped
  • Zoning: Commercial

Financial Considerations

  • Tax Year: 2022
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 380225494380000

Listed and Sold by Jason Loeb | Windermere Real Estate Whatcom | (360) 734-7500

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 1111 W Holly St

School District:Bellingham School District
RatingNameGradesDistance
5
Parkview Elementary School
3033 Coolidge Dr, Bellingham, WA 98225
PK-51.1 mi
6
Whatcom Middle School
810 Halleck St, Bellingham, WA 98225
6-80.5 mi
7
Bellingham High School
2020 Cornwall Ave, Bellingham, WA 98225
9-120.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1111 W Holly St

Date
Details
Price
Change
Source
1/03/2025
Sold
$1,842,800
-5.5%
MLS
3/14/2024
Price Reduced
$1,950,000
-4.88%
MLS
3/13/2023
Listed
$2,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Jason Loeb | Windermere Real Estate Whatcom | (360) 734-7500

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1111 W Holly Street, Bellingham, WA 98225 (MLS# 2044549) is a Industrial property that was sold at $1,842,800 on January 03, 2025. Want to learn more about 1111 W Holly Street? Do you have questions about finding other Industrial real estate for sale in Bellingham? You can browse all Bellingham real estate or contact a Coldwell Banker agent to request more information.

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