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Property profile & analytics
OFF-MARKET
Office Units

2319 Elm St Bellingham, WA 98225

1,356 SF Built 1911
Property ID
US90-0492484
Property summary
AI-generated overview

This exceptional mixed-use property at 2319 Elm St, Bellingham, WA 98225, presents a unique investment opportunity. Built in 1911, this 1,356 square foot building sits on a 4,792 square foot lot and boasts a charming blend of historic character and contemporary upgrades. The two-story structure features original refinished doors, floors, and trim, period fixtures, and high ceilings, creating a unique and inviting atmosphere. Modern conveniences include a recently installed high-efficiency HVAC system with air conditioning and modern air filtration, updated electrical, and high-speed internet access. The property also offers three walk-in closets and ample storage space. Zoned Urban Village, this versatile property allows for a variety of uses, including multifamily development, retail with residential living, personal services, office/business space, or even a single-family residence. Its central location near Elizabeth Park and downtown Bellingham provides excellent accessibility and visibility. Four parking spaces are included. This property offers the perfect combination of historic appeal and contemporary functionality, making it an ideal investment for owner-users seeking a unique and well-located property. The asking price is $875,000. Showings are by appointment only.

Property profile
Verified
Property type Office Units
Year built 1911
Total area 1,356 SF
UPID US90-0492484
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alexander Law Firm, P.S. Law Firm
  • Emery & Andrews | Marketplace Sotheby's International Realty Real Estate Agency
  • Woodall Patricia S Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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