Location!!! This property is inside the Samish Way Urban Village Plan. Built in 2021 Samish Flats 37 unit luxury apartment homes offer all the modern amenities including w/d in units. Low vacancies can be attributed to the convenient location, near I-5 and Western Washington University. The 20 ground-level garage spaces offer additional income. In addition to the tenants paying all utilities, the property enjoys an 8-year tax abatement on the improvements. Owner will consider partial financing, rate negotiable, price to adjust accordingly.
Rare opportunity to purchase a fully equipped 6 bay Dental office located in one of the most desirable locations in Greater Bellingham. The current improvements offer a turnkey dental practice with lobby space for patients, reception/check in area for 4-5 staff, 3 hygiene located operatories, 3 restorative operatories, Pano x-ray room, separate lab space, sterilization room, staff bathroom & lunchroom, patient bathroom all situated on 1,800 sf of main floor. Additional basement space of 450 sf houses washer/dryer and mechanical space to serve both this condo and the adjacent oral surgeon space. Surface parking is shared between the two condo spaces. Landscaped grounds provide patients with beautiful and relaxing views.
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.
Excellent industrial investment properties, well positioned on Roeder Avenue at the Port of Bellingham, WA. Two metal industrial buildings with a total SF of approximately 11,000. 100% leased with three strong tenants with long term NNN leases and rent escalations. Land is leased from the Port of Bellingham on a 25 year land lease. This property offers an excellent, stable long term investment opportunity for a 1031 Exchange or a passive investor looking for a positive return on their investment. All leases are NNN with owner paying only land lease to Port of Bellingham. Five percent cap rate on current rents, with rent escalations going forward.
OPPORTUNITY ZONE Beautiful downtown Bellingham class "A" building. Million dollar upgrade/remodel in 2015. 4800 sqft up plus 4800 sqft built out lower level. Lots of power. Could be fully operational as a bank (with drive thru), insurance agency, or general office is less than a month. Zoning allows adding onto or up. No setbacks, parking or height restrictions. 16 on site parking spaces. Price far below replacement now with fantastic potential for additional development. This is an exceptional building for an investment or user. Four major banks within one block. Only building available with fully functional drive through.
The median home value in Bellingham, WA is $418,700. This is higher than the county median home value of $396,700. The national median home value is $219,700. The average price of homes sold in Bellingham, WA is $418,700. Approximately 42.46% of Bellingham homes are owned, compared to 51.23% rented, while 6.31% are vacant. Bellingham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bellingham real estate agent to arrange a tour today!
Bellingham, Washington 98225 has a population of 85,388. Bellingham 98225 is less family-centric than the surrounding county with 29.9% of the households containing married families with children. The county average for households married with children is 31.3%.
The median household income in Bellingham, Washington 98225 is $47,886. The median household income for the surrounding county is $56,419 compared to the national median of $57,652. The median age of people living in Bellingham 98225 is 31.1 years.
The average high temperature in July is 72.7 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 39 inches per year, with 5.9 inches of snow per year.