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Property profile

114-118 Holly St Bellingham, WA 98225

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

AI-generated overview

This exceptional commercial property, located at 114-118 West Holly Street in Bellingham, Washington, presents a unique investment opportunity. The two-story building, constructed in 1925, boasts a total of 15,500 square feet, with 14,000 square feet currently vacant. Situated on a 0.17-acre lot, the property enjoys a highly desirable location in the heart of downtown Bellingham's urban village, zoned accordingly. The building's prominent features include exposed brick walls, impressive high ceilings, and substantial street frontage of nearly 70 feet along Holly Street. Its rich history includes a long tenure as the home of a well-known local business, establishing a strong community presence. The single-tenant occupancy allows for flexibility and customization to suit a variety of retail or office uses. The property's address is 114-118 W Holly St, Bellingham, WA 98225, with Whatcom County APN 380330-170147-0000. This is an ideal opportunity for an owner-user seeking a prominent downtown location with significant potential. The building's size and location offer excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. The substantial vacant space provides ample room for development and customization to meet specific business needs. This property represents a rare chance to acquire a piece of Bellingham's history and establish a strong presence in a thriving downtown area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1925
Total area 15,500 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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