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1151 Ellis Street Bellingham, WA $ 4,995,000
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$ 4,995,000 Get more info
1151 Ellis Street
$ 4,995,000
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1151 Ellis Street

Bellingham, WA, 98225
$ 4,995,000
Baths0.0

Monthly Estimate*

$ 34,892

Listed by Gage CRE
1151 Ellis Street, Bellingham, WA 98225 - Image 1
1151 Ellis Street, Bellingham, WA 98225 - Image 2
1151 Ellis Street, Bellingham, WA 98225 - Image 3
1151 Ellis Street, Bellingham, WA 98225 - Image 4
1151 Ellis Street, Bellingham, WA 98225 - Image 5
1151 Ellis Street, Bellingham, WA 98225 - Image 6
Studio

Commercial Property for sale in Bellingham, WA

for $4,995,000. This building was built in 1945 on a lot size of 0.7491.

100% LEASED. Investment Opportunity situated centrally in Bellingham. First time on market since major 2015 Remodel. Ample On-Site Parking. 14,375 SF building, with two vacancies. 10 Commercial spaces with high-quality Medical/ Professional Office Tenant mix- see Offering Memorandum for Tenant details. Large 0.74 Ac Lot, easily accessible to I-5 & downtown.

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Commercial Active

Price

$ 4,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,975

Style

Comm Bldg Ovr 10K

Lot Size

0.7491

Year Built

1945

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2167287
Features
General
Sewer Sewer Connected
Possession Closing
HOA 0
Year Built 1945
Topography Level
Property SubType Commercial Industrial
Tax Year 2023
County Whatcom
Insurance Expense 5161
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Bellingham
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Exit I-5 Samish Way go north to E Maple and continue to Ellis. The building is on the west side.
City Bellingham
Buyer Agent Compensation 2
Senior Community Y/N N
Total Units 0
MLS Area 860 - Bellingham
Lot Size Square Feet 32630
Carport Y/N N
Street Name Ellis
Listing Terms Assumable Cash Out Conventional
Tax Annual Amount 19975
Electric Expense 1312
Public Remarks 100% LEASED. Investment Opportunity situated centrally in Bellingham. First time on market since major 2015 Remodel. Ample On-Site Parking. 14 375 SF building with two vacancies. 10 Commercial spaces
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Bellingham
Zoning Class Commercial
Water Sewer Garbage 10306
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 5.22
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Exterior
Water Source Public
Total Parking 59
Building Area Total 0
Lot Size Acres 0.7491
Lot Size Units Square Feet
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Total 59
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric
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Internal Only
OriginalMLSID NWM2167287
Street Number 1 1151
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* Excluded Features
List By
Tracy Carpenter

Listing Agent

Gage Cre

Broker

Affordability Calculator

$36,556
Per Month
95%
5%
0%
Monthly Principal & Interest
$34,892
Monthly Property Taxes
$1,665
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/20/2024$4,995,000 -3.94% Price Down
9/29/2023$5,200,000 Listed Price

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1151 Ellis Street, Bellingham, WA, 98225 is a Commercial Property for sale at $4,995,000 with a lot size of 0.7491. 1151 Ellis Street is a studio with 0.0 baths and was built in 1945. The property's zip code is 98225 which is in Bellingham, WA

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