Listing Provided Courtesy Of:
eXp Realty and NWMLS
Address
1300 Ellis Street Bellingham, WA
Price
$ 499,000
Property Attributes
  • ID#1798772
  • TypePending
  • CountyWHATCOM
  • CityBellingham
  • AreaBellingham
  • NeighborhoodYork
  • Zip98225
  • StyleComm Bldg Und 10K
  • Year Built1924
  • Taxes$ 4370
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
eXp Realty and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Bellingham PRIME CORNER LOCATION w/ EXCELLENT VISIBILITY. Busy Lakeway/Holly/Ellis intersection is the gateway to thriving Downtown Bellingham and the vibrant/new Samish Way Urban Village. Located two blocks from I-5 South and North on-ramps, close to Whole Foods, shopping and WWU. Leased with established retail business through October 31, 2022 w/ potential opportunity to renew. ZERO vacancy for 20+/- years, NNN w/ a 6.7% Cap Rate. 1,800 square feet of retail and office space on main level plus 1,800+/- square feet in basement. Exterior painted June 2021. Outstanding investment opportunity in the heart of one of the Pacific Northwest's most exciting communities.

Price History
6/26/2021 Listed $550,000
8/18/2021 10% - $499,000

General Features

Building Area Units Square Feet
Building Features Storage
Carport Y/N No
City Bellingham
County Whatcom
Directions From I-5 take Exit 253 for Lakeway Drive and head West. Turn right on Ellis Street, property is on corner of Lakeway Drive and Ellis (parking lot behind building off Ellis).
Exterior Features Wood Products
Lot Size Square Feet 3485
MLS Area 860 - Bellingham
Net Operating Income 36900
Possession Closing, Tenant's Rights
Possible Use Business, Commercial, Office, Retail
Property Style 60 - Comm Bldg Und 10K
Property SubType Commercial Industrial
Property Type Commercial Sale
PropertyCondition Good
Roof Flat
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending Feasibility
Street Name Ellis
Structure Type Unspecified
Subdivision Name York
Tax Annual Amount 4370
Tax Year 2021
Terms Cash Out, See Remarks
Topography Level
Total Actual Rent 3075
Total Units 1
Utilities Sewer Connected, Electricity Available, Natural Gas Connected
Virtual Tour https://video214.com/play/XxirRBRMKo9pcw0SBLDRvQ/s/dark
Water Company City of Bellingham
Year Built 1924
Zoning Class Business, Commercial, Office, Retail

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Living Area Units Square Feet
Power Production Type Electric, Natural Gas
Street Suffix Street

Exterior Features

Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 50x60
Lot Size Acres 0.08
Lot Size Units Square Feet
Open Parking Y/N No
Parking Uncovered Total 5
Site Frontage 110
Total Parking 5
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98225

Price
AVG $720K
$500K
Taxes
AVG $4,116
$4,370
Visits
AVG 44
86
Year Built
AVG 1944
1924
Walkscore
AVG 61
90
Data Provided by Walkscore ® not using MLS data

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