13111327 11th Street Bellingham, WA $ 3,433,015
13111327 11th Street
$ 3,433,015
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13111327 11th Street

Bellingham, WA, 98225
$ 3,433,015
Bedrooms-- Baths--

Monthly Estimate*

$ 21,138

Listed by John L. Scott Bellingham
13111327 11th Street, Bellingham, WA 98225 - Image 1
13111327 11th Street, Bellingham, WA 98225 - Image 2
13111327 11th Street, Bellingham, WA 98225 - Image 3
13111327 11th Street, Bellingham, WA 98225 - Image 4

Commercial Property for sale in Bellingham, WA

for $3,433,015. This building was built in 2008 on a lot size of 0.3277.

Huge price reduction gives you a true 8% Cap Rate based on actual #s. This reflects the single unit currently vacant plus we deducted an additional 5% vacancy rate on top of that just to keep the underwriters happy. Or, you can assume the underlying mortgage (approx $1.28M) at 4.125% FIXED for the next 5 years. That is cheap money! Don't miss this chance to own a piece of historic downtown Fairhaven. 8 street-level commercial/retail condos split between the Waldron & Young Buildings encompassing Finnegan's Alley. Multiple addresses. 91.5% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 8% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights.

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Commercial Active

Price

$ 3,433,015

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Ovr 10K

Lot Size

0.3277

Year Built

2008

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2504134

Features
General
Living Area 0
Sewer Sewer Connected
Possession Subject To Tenant Rights
HOA Fee 1
Year Built 2008
Property Subtype Commercial Industrial
Assoc Fee Paid Per Not Applicable
County Whatcom
Net Operating Income 297977
Property Type Commercial Sale
HOA Y
Subdivision Name Fairhaven
Possible Use Business Commercial Office Retail
Special Listing Conditions None
Status Active
Directions I5 exit to Old Fairhaven Parkway. Right on 12th. Properties on left.
City Bellingham
Senior Community Y/N N
Zoning Description Business Commercial Office Retail
Number Of Units Total 0
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 14275
Carport Y/N N
Listing Terms Assumable Cash Conventional
Public Remarks Huge price reduction gives you a true 8% Cap Rate based on actual #s. This reflects the single unit currently vacant plus we deducted an additional 5% vacancy rate on top of that just to keep the un
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 6.75
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 0
Building Area Total 0
Lot Size Acres 0.3277
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2504134
Street Number 1 13111327
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* Excluded Features
List By
Patrick Starr

Listing Agent

John L. Scott Bellingham

Broker

Affordability Calculator

$21,138
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,138
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
5/7/2026$3,433,015 -13.09% Price Down
4/8/2026$3,950,000 Listed Price

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13111327 11th Street, Bellingham, WA, 98225 is a Commercial Property for sale at $3,433,015 with a lot size of 0.3277. 13111327 11th Street was built in 2008. The property's zip code is 98225 which is in Bellingham, WA