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    Marina Building in Bellingham Title is generated by Realmo AI

    851 Coho Way, Bellingham, WA 98225

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    Corner building in the Marina District with strong tenant mix.

    Type:Office
    Property size:
    47,508 SF
    Price / SF:
    $239/SF
    Added:
    Feb 5, 2026
    Days on Market:
    96
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 851 Coho Way

    General Information

    Standard status
    Active
    Size
    47,508 SF
    Property subtype
    Office

    Building Details

    Year Built
    1991

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    Listing Contact
    KC Coonc
    KC Coonc

    Listing agent KC Coonc License #WA 17357

    Listing office Pacific Continental Realty LLC

    Listing date Feb 5, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Pacific Continental Realty LLC

    HighLights

    • $70k net revenue per month with a 7.5% cap rate.
    • Anchored by LFS retail sales and Class A office space with secure entry and elevator.
    • Meticulously upgraded and maintained 47k+ sq ft building with fully sprinkled fire suppression.
    • High tenant occupancy average of 9 years.
    • Abundant parking in a walkable area near services, restaurants, trails, and parks.
    • Located in the Port of Bellingham’s Marina District.

    Overview

    The Marina Building is located on the corner of Coho Way and Roeder Ave within the Port of Bellingham’s Marina District. The building has a strong mix of regional and local tenants. The first floor is anchored by LFS retail sales serving the marine industry, with the second and third floors featuring Class A office space with secure entry and elevator access. The building is fully sprinkled and has been upgraded and maintained. Tenant occupancy averages 9 years. The building has abundant parking and is in a walkable area with easy access to affiliated services, restaurants, trails, and parks. The property has a landlord favorable Port of Bellingham Land Lease with 36 years remaining. The building size is over 47,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AXE Engineering Services General Contractor Resilient Acupuncture + Fire ... Alternative Medicine Practice Erin Schlichting CPA ... Tax Preparation Michele Siemion Alternative Medicine Practice Sea Products West ... Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.503256
    Latitude
    48.758848

    FAQs

    What type of property is this?
    Office building - Corner building in the Marina District with strong tenant mix.
    Where is this office building located?
    The property is located at 851 Coho Way Bellingham, WA.
    What is the asking price?
    The asking price for this property is $11,385,000.
    What are key features of this property?
    This property features: $70k net revenue per month with a 7.5% cap rate.; Anchored by LFS retail sales and Class A office space with secure entry and elevator.; Meticulously upgraded and maintained 47k+ sq ft building with fully sprinkled fire suppression.
    (360) 671-5000 Call to check price and availability
    More about this property
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