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    114 Magnolia St Bellingham, WA 98225

    For Lease
    $16 SF/Yr

    Historic Bellingham Office Building, Flexible Suites

    Lot size:
    62,665 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Crown Plaza, located at 114 W. Magnolia in Bellingham, WA 98225, offers exceptional office space in a beautifully renovated historic building. This Class A, five-story building boasts 62,665 square feet of total space, with a minimum divisible unit of 150 square feet, making it suitable for businesses of all sizes. Originally constructed in 1929 and extensively renovated in 1999, the building combines classic charm with modern amenities. The interior features elegant design and abundant natural light, creating a productive and inspiring work environment. Its prime location in Bellingham's central business district provides unparalleled convenience. The building is situated near city, county, and federal government buildings, offering easy access to essential services. Numerous supporting businesses, shopping, and dining options are within walking distance, enhancing the overall convenience and appeal. For added convenience, UPS and FedEx drop boxes are located in the building's lobby. The property is available for multiple tenants and offers flexible lease terms. This is a truly exceptional opportunity to secure prestigious office space in the heart of Bellingham. The building's diverse suite sizes cater to a wide range of business needs, from small startups to established corporations. The building's executive, creative, and traditional office spaces offer a variety of options to suit different business styles and preferences. This is a rare opportunity to lease space in a landmark Bellingham building.

    Property Features for 114 Magnolia St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,665 SF
    Class
    A
    Total Rate
    83553.33

    Building Details

    Year Built/Renovated
    1929/1999
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 108
    Size
    655 SF
    Rate per SF
    $16
    Space
    Suite 109
    Size
    675 SF
    Rate per SF
    $16
    Space
    Suite 107
    Size
    1,612 SF
    Rate per SF
    $16
    Space
    Suite 302
    Size
    3,702 SF
    Rate per SF
    $17
    Space
    Suite 316
    Size
    1,241 SF
    Rate per SF
    $17
    Space
    Suite 506
    Size
    1,623 SF
    Rate per SF
    $18
    Space
    Suite 501
    Size
    1,600 SF
    Rate per SF
    $18
    Space
    Suite 301
    Size
    3,600 SF
    Rate per SF
    $17
    Space
    Suite 202
    Size
    856 SF
    Rate per SF
    $17

    HighLights

    • Class A office space in a beautifully renovated historic building at 114 W. Magnolia, Bellingham, WA.
    • 62,665 square feet with units as small as 150 square feet.
    • Prime location in Bellingham's central business district, near government buildings and amenities.
    • Flexible lease terms available for multiple tenants.
    • Features modern amenities and abundant natural light in a landmark building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peek-A-Bump Ultrasound Women'S Health Clinic Finestrino Film Co. Video Production Service Beach Fort Media Video Production Service Barker Martin, P.S. Legal Services Buron Inc Medical Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.4780426
    Latitude
    48.7514965

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    FAQs

    What type of property is this?
    Office space - Historic Bellingham Office Building, Flexible Suites
    Where is this office space located?
    The property is located at 114 Magnolia St Bellingham, WA.
    What is the lease rate?
    The lease rate is $16-$18 SF/Yr.
    What are key features of this property?
    This property features: Class A office space in a beautifully renovated historic building at 114 W. Magnolia, Bellingham, WA.; 62,665 square feet with units as small as 150 square feet.; Prime location in Bellingham's central business district, near government buildings and amenities.
    Request Owner's contact information
    114 Magnolia St Bellingham, WA 98225
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    Bellingham, WA 98225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Magnolia St Bellingham, WA 98225
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