1108 11Th StBellingham, WA 98225

  • Mixed-use properties
  • 8,795 SF
For Lease
$21/SF/YR View listing

Property Details for 1108 11Th St

Year built
2004
Lot size
0.11 AC
Property size (Sq ft)
8,795 SF
Zone code
CC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
370201 103162 0000
APU
3702011031620000

Description

This exceptional 1,856-square-foot office space is located within the attractive Hauter-Sims building at 1108 11th St, Bellingham, WA 98225, near the intersection of 11th St and a cross street. Built in 2004, this three-story building offers a blend of modern amenities and rustic charm. The property features a beautiful brick exterior and convenient elevator access. The available space is part of a larger, multi-tenant building (8,795 total square feet) and boasts a modern, clean finish throughout, including operable windows that allow for natural ventilation. Shared restrooms and a reception area are provided for tenant convenience. The building is zoned for commercial use (APN: 3702011031620000) and enjoys a prime location in the Fairhaven Historic District, with easy access to Taylor Docks, Downtown Bellingham, and Interstate 5. This space is ideal for a variety of businesses, including traditional office, medical office, or executive office uses. The maximum contiguous space available is 1,856 square feet.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,372,318
    6.5%
    $2,189,832
    7%
    $2,033,415
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,673,445
    Geo Method
    $1,693,741
  • Alternative Use

    Use
    Valuation
    Residential
    $2,715,391
    Hospitality
    $2,487,284
    Educational
    $2,069,391
    Medical
    $2,140,560
    Retail
    $3,219,052
1108 11Th St, Bellingham, Washington
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Location Insight

City
Bellingham
County
Whatcom
State
Washington
Latitude
48.722
Longitude
-122.504
CBSA code
13380
CBSA name
BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$17,990
$522,000
$1,542,210
$2,064,210
-
$522,000
$1,542,210
$2,064,210

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