Listing courtesy of
Property Description

The Marina Building sits proudly within the Port of Bellingham’s Marina District. 100% fully leased, 6.16% Cap on actuals with 3% vacancy credit loss, with a strong mix of regional and local tenants. 1st floor is anchored by LFS retail sales serving marine industry and the 2nd and 3rd floor as Class A office with secure entry served by elevator. Fully sprinkled. This 47k plus sq ft building has been meticulously upgraded and maintained with a tenant occupancy average of 6.75 years. Building is situated on a landlord favorable Port of Bellingham Land Lease with 40 years remaining. The math works! Abundant parking, in a walkable area with easy access to affiliated services, restaurants, trails and parks.

Features
: 1
: 1
: Unfurnished
Address Map
USA
Washington
Bellingham
98225
Coho
851
Way
W123° 29' 47.5''
N48° 45' 32.8''
MLS Addon
0
Roeder Avenue to Coho Way. Property is situated on the corner of Roeder and Coho
0
0
KC Coonc
1194058
105486026
Pacific Continental Realty LLC
0
01/28/2022 19:07:10
: None
: Unspecified
Bellingham
: Ceramic Tile, Carpet, Vinyl
: Poured Concrete, Slab
3802251254400099
: Sewer Connected
0
$50,000
2022
: Sewer Connected, Electricity Available, Natural Gas Connected
0
: Metal/vinyl
0
0
: Forced Air, Laminate, Ceiling Fan(s), Wet Bar
$0
Importer Addon
Active
0 Sqft
: 1
: Central A/c, Forced Air

Commercial Sale For Sale

851 Coho Way, Bellingham, Washington 98225

0 Bedrooms
0 Bathrooms
1.40 Acre
$11,400,000
Listing ID #NWM124696155
Basic Details
Property Type : Commercial Sale
Listing ID : NWM124696155
Price : $11,400,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1991
Lot Area : 1.40 Acre
Property Sub Type : Commercial Industrial
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