1331 Commercial St Bellingham, WA 98225
Property profile & analytics
1331 Commercial St Bellingham, WA 98225
- Office buildings
- 6,396 SF
- 0.32 lot acres
Property ID
US90-0132193
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 1331 Commercial St
- Year built
- 1961
- Lot size
- 0.32 lot acres
- Property size
- 6,396 SF
- Zone code
- CC
- Property type
- Office buildings
- APN
- 380330 169187 0000
- APU
- 3803301691870000
Description
This beautifully remodeled, 14,810 square foot Class A office building presents a unique opportunity in the heart of Downtown Bellingham. Ideally suited for a tech company or similar business, this single-tenant space boasts a flexible layout incorporating ample private offices, open collaborative areas, and social spaces. Its prime corner location at Commercial and Holly Streets ensures exceptional visibility and brand exposure. Employees will appreciate the building's proximity to a vibrant arts district, offering a diverse selection of restaurants, coffee shops, and entertainment options within walking distance. The property is immediately available and in turnkey condition. On-site parking is negotiable. The building features ADA accessibility and is comprised of three levels. The main floor (6,416 SF) offers a blend of private offices and open flex space, enhanced by abundant natural light. The upper floor (1,998 SF) includes open flex space, private offices, restrooms, and a kitchenette, further illuminated by a large skylight. The lower level (6,416 SF) provides a kitchen/break room, a spacious media center, ample storage, multi-stall restrooms, and a green room. The building sits on a 0.33-acre lot, includes one two-story building, and features elevators and ample power. This is a truly exceptional opportunity to secure a highly desirable and well-appointed office space in a thriving downtown location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,590,000
- 6.5%
- $1,470,000
- 7%
- $1,365,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,941,000
Market price range: $549k - $1.94M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,195,000 Current use
- RESTAURANT
- $2,510,000 Change: +14% Conversion: Moderate
- MEDICAL BUILDING
- $1,985,000 Change: -10% Conversion: Easy
- RETAIL STORES
- $1,875,000 Change: -15% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,780,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.479
- Latitude
- 48.7515
- 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
$18,893
$797,500
$1,429,245
$2,226,745
-
$797,500
$1,429,245
$2,226,745
