114 W Holly Street, Bellingham, WA 98225
- $1,590,000
Listing courtesy of COMPASS.
- List Price
- $1,590,000
- Status
- ACTIVE
- MLS#
- 2228536
- Days on Market
- 5
- Annual Tax Ammount
- 12486
Property Description
Prime Bellingham real estate located in the heart of Downtown, you will find this iconic building, formerly known as the Sportsman's Chalet. Tons of natural light, vaulted ceilings, exposed brick, and hard wood floors; this building offers exceptional Bellingham charm. With 14,500sf of space, broken up into main floor, basement, and mezzanine, this is a notable opportunity to own commercial real estate in one of Bellingham's most highly trafficked areas. Parkade is located directly next to building. Short term owner contract available with minimum 45% down.
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Additional Information
- Community
- Downtown
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1925
- Roof
- Flat
- Tax Year
- 2023
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Hardwood, Wall to Wall Carpet
- Flooring
- Hardwood, Carpet
- Driving Directions
- From I-5 exit on Lakeway Drive headed west, bear to the right on Holly Street, follow until you cross Cornwall, property on the right.
- Energy Source
- Electric, Natural Gas
- Buyer Agency Compensation
- 2.5
- Net Operating Income
- $89,034
- Gross Adjusted Income
- $109,060
- Gross Scheduled Income
- $113,604
- Water/Sewer/Garbage Expenses
- $2,177
- Cap Rate
- 5
- Vacancy Rate
- 4
- Total Expenses
- $20,026
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