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Property profile

114-118 Holly St Bellingham, WA 98225

OFF-MARKET
Retail properties & Spaces
15,500 SF 0.17 ac lot Built 1925
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Property summary

AI-generated overview

This exceptional 15,500 square foot retail building, located at 114-118 West Holly Street in Bellingham, Washington, presents a unique owner-user or investment opportunity. Built in 1925, this two-story structure boasts impressive architectural details including brick walls and high ceilings reaching 25 feet. Situated on a 0.17-acre lot, the property enjoys nearly 70 feet of frontage on Holly Street, placing it in the heart of downtown Bellingham's vibrant commercial district. The property is zoned Commercial - Urban Village. Currently, a portion of the building is leased to Endgame Bar, with a recently signed lease extension providing approximately 4.5 years of remaining lease term and generating a current monthly income of $2,200. This landmark building, previously home to the well-known Sportsman Chalet, offers significant potential for a variety of retail or office uses. The property's prime location and substantial size make it an attractive investment for discerning buyers seeking a strong foothold in Bellingham's thriving market. The asking price is $1,650,000. Parcel number is 380330-170147-0000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1925
Total area 15,500 SF
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Limousine Service

Location

114-118 Holly St Bellingham, WA 98225
Bellingham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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