3136 Squalicum PkwyBellingham, WA 98225

Property Details for 3136 Squalicum Pkwy

Year built

1996

Property size (Sq ft)

1,800 SF

Zone code

IN

Property type

Medical offices

Property subtype

Medical centers

APN

380319 452444 0001

APU

3803194524440001

Description

This exceptional investment opportunity presents a fully equipped, six-bay dental office spanning 2,250 square feet on a 14,726 square foot lot in desirable Bellingham, WA. Built in 1996, the property features a main floor encompassing a patient lobby, reception area, three hygiene operatories, three restorative operatories, panoramic x-ray room, separate lab, sterilization room, staff bathroom and lunchroom, and a patient bathroom. An additional 450 square feet of basement space provides washer/dryer and mechanical areas. Shared surface parking is available, and landscaped grounds enhance the patient experience. The asking price is $1,250,000, translating to $555.56 per square foot. The property's APN is 3803194524440001 and is located at 3136 Squalicum Pkwy, Bellingham, WA 98225. This turnkey operation is situated in a prime Bellingham location, offering immediate income potential for an owner/user. The property's efficient layout and comprehensive equipment make it an ideal acquisition for a dental practice seeking a move-in ready space.

• CAP approach

  CAP return

  Valuation

  6%

  $485,523

  6.5%

  $448,175

  7%

  $416,162

• Comparable approach

  Method

  Valuation

  Relative Method

  $547,152

  Geo Method

  $346,644

• Alternative Use

  Use

  Valuation

  Residential

  $555,737

  Hospitality

  $509,052

  Educational

  $423,525

  Medical

  $438,091

  Retail

  $658,817

Location Insight

City

Bellingham

County

Whatcom

State

Washington

Latitude

48.7717

Longitude

-122.469

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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