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1300 Ellis Street

Bellingham, WA 98225
  • $499,000
  • STATUS: Pending Feasibility
  • ON SITE: 116 Days
  • ID#: 1798772
Under Contract
UPDATED: 26 min ago
$499,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Ratings & Info

Listing Courtesy of Exp Realty.

Description

Bellingham PRIME CORNER LOCATION w/ EXCELLENT VISIBILITY. Busy Lakeway/Holly/Ellis intersection is the gateway to thriving Downtown Bellingham and the vibrant/new Samish Way Urban Village. Located two blocks from I-5 South and North on-ramps, close to Whole Foods, shopping and WWU. Leased with established retail business through October 31, 2022 w/ potential opportunity to renew. ZERO vacancy for 20+/- years, NNN w/ a 6.7% Cap Rate. 1,800 square feet of retail and office space on main level plus 1,800+/- square feet in basement. Exterior painted June 2021. Outstanding investment opportunity in the heart of one of the Pacific Northwest's most exciting communities.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Robinett Group | Marketplace Sotheby's International Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-21T11:15:36.27.

www.robinettgroup.com/homes/118753430
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1300 Ellis Street Bellingham, WA 98225

  • Price: $499,000
  • Status: Pending Feasibility
  • Updated: 26 min ago
  • ID#: 1798772
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1924
Built
Neighborhood:
York
County:
Whatcom
Area:
Bellingham
Property Description
Bellingham PRIME CORNER LOCATION w/ EXCELLENT VISIBILITY. Busy Lakeway/Holly/Ellis intersection is the gateway to thriving Downtown Bellingham and the vibrant/new Samish Way Urban Village. Located two blocks from I-5 South and North on-ramps, close to Whole Foods, shopping and WWU. Leased with established retail business through October 31, 2022 w/ potential opportunity to renew. ZERO vacancy for 20+/- years, NNN w/ a 6.7% Cap Rate. 1,800 square feet of retail and office space on main level plus 1,800+/- square feet in basement. Exterior painted June 2021. Outstanding investment opportunity in the heart of one of the Pacific Northwest's most exciting communities.
Exterior Features

Carport YN No Exterior Features Wood Products Lot Size Dimensions 50X60 Open Parking YN No Parking Total 5 Roof Flat Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Furnished Unfurnished Heating Cooling Type Forced Air Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutSee Remarks Net Operating Income 36900 Possession ClosingTenant's Rights Possible Use BusinessCommercialOfficeRetail Power Company Puget Sound Energy Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Of Bellingham Special Listing Conditions None Tax Annual Amount 4370 Tax Year 2021 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Bellingham Water Source Public Zoning Class BusinessCommercialOfficeRetail Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Robinett Group | Marketplace Sotheby's International Realty and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Robinett Group | Marketplace Sotheby's International Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-21T11:15:36.27.

 
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The Robinett Group | Marketplace Sotheby's International Realty
1831 Colby Ave
Everett WA, 98021
Listing Courtesy of Exp Realty.