Property Showcase

851 Coho WayBellingham, WA 98225 0

$11,400,000
Commercial
Status: Active
  • Sqft:
  • Lot:1.4 acres
  • MLS#: 1881412
48.759071350097656-122.50338745117188
Courtesy Of Pacific Continental Realty LLC

Description:

The Marina Building sits proudly within the Port of Bellingham’s Marina District. 100% fully leased, 6.16% Cap on actuals with 3% vacancy credit loss, with a strong mix of regional and local tenants. 1st floor is anchored by LFS retail sales serving marine industry and the 2nd and 3rd floor as Class A office with secure entry served by elevator. Fully sprinkled. This 47k plus sq ft building has been meticulously upgraded and maintained with a tenant occupancy average of 6.75 years. Building is situated on a landlord favorable Port of Bellingham Land Lease with 40 years remaining. The math works! Abundant parking, in a walkable area with easy access to affiliated services, restaurants, trails and parks.

Main Features:

Listing Status Active Year Built 1991
County Whatcom Taxes $50,000.00
Tax Year 2022 Rental Price $0
Zoning See Remarks Subdivision Bellingham

Additional Features:

Building Features Elevator
CarportYN false
CoolingYN true
Electric Service PSE
Exterior Features Metal/Vinyl
Fireplaceyn No
Flooring Ceramic Tile
FoundationDetails Poured Concrete
Furnished Unfurnished
Heating Forced Air
Heat Pump
HeatingYN true
Interior Features Forced Air
IrrigationWaterRightsYN false
Listing Terms Cash Out
Loading Dock 1-3 Bays
Possession Tenant's Rights
PossibleUse Commercial
Roof Flat
Survey Available Environmental true
Topography Level
Utilities Sewer Connected
Water Source Public

Extra Features:

Building Square Feet 47508 Listing Key NWM124696155
Office Sq Ft 47508 Office Co List Name Pacific Continental Realty LLC
Office Co List Phone 360-671-4200 Parcel Number 3802251254400099
Parking Total Parking 127 Parking Total Uncovered 127
Total Expenses 218630

The data relating to real estate for sale on this web site comes from Northwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by Northwest Multiple Listing Service are marked with the green "three trees" logo. Real estate listings held by brokerage firms other than Dan Pittsenbarger, are indicated by detailed information about them such as the name of the listing firms. Disclaimer: The information contained in this listing has not been verified by Dan Pittsenbarger and should be verified by the buyer.
Copyright© 2022 Northwest Multiple Listing Service. All Rights Reserved.
Last Updated On: 6/26/2022 12:03:15 PM

851 Coho Way, Bellingham, WA 98225

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The data relating to real estate for sale on this web site comes from Northwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by Northwest Multiple Listing Service are marked with the green "three trees" logo. Real estate listings held by brokerage firms other than Dan Pittsenbarger, are indicated by detailed information about them such as the name of the listing firms. Disclaimer: The information contained in this listing has not been verified by Dan Pittsenbarger and should be verified by the buyer.
Copyright© 2022 Northwest Multiple Listing Service. All Rights Reserved.
Last Updated On: 6/26/2022 12:03:15 PM

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