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Listing Firm: Windermere Real Estate Whatcom: Jason Loeb

Bought With: Windermere Real Estate Whatcom : Jason Loeb

SOLD On January 3, 2025
NWMLS # 2044549

$1,842,800

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

1111 W Holly Street , Bellingham, WA 98225

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Buyer's Agent: Jason Loeb • Windermere Real Estate Whatcom

Listed by: Jason Loeb • Windermere Real Estate Whatcom

Aris360 Last Checked: 2 Minutes Ago (Jun 01, 2025 02:33 PM)

  • Source: NWMLS as Distributed by MLS Grid #2044549

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Holly
  • Zip/Postal Code: 98225
  • City: Bellingham

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$3,847 per month
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Property Features

  • County
    • Downtown
  • Community
    • 860 - Bellingham
  • MLS Area
    • 860 - Bellingham
  • Longitude
    • -122.489016
  • Latitude
    • 48.755853
  • 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.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Carpet
  • Power Production Type
    • Electric

  • Style
    • 60 - Comm Bldg Und 10K
  • Parking Spaces
    • 27
  • Foundation
    • Poured Concrete,
  • Topography
    • Sloped
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Roof
    • See Remarks,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 18
  • Condition
    • Good,
  • Water
    • COB
  • Building Total Area (Sq. Ft.)
    • 15000

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2022
  • Structure Type
    • Land,
  • Year Built
    • 1979
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Jun 01 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 01, 2025 02:33 PM