814 Dupont Street, Bellingham, WA 98225

$1,109,000

Listing courtesy of Coldwell Banker Bain. Selling Office: Papadopulos Partners LLC.

Sold Price
$1,109,000
List Price
$1,119,000
Status
SOLD
MLS#
1277767
Closing Date
Dec 03, 2018
Days on Market
104
Annual Tax Ammount
7904

Property Description

Conveniently located in the mix of downtown Bellingham, this 3,952 SF building boasts tasteful aesthetic, functional green design and proximity to all things Bellingham. Currently laid out as a collaborative, open office work space,the building has potential to suit many different types of businesses. Building is zoned mixed use and has the potential to add residential. Other features include on-site parking, great signage, environmentally friendly work space & street frontage.

Additional Information

Community
Downtown
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1986
# of Assigned Spaces
9
Roof
Flat, Torch Down
Tax Year
2018
Potential Terms
Cash Out, Conventional
Interior Features
High Efficiency - 90%+, Concrete, Fir/Softwood
Flooring
Concrete, Softwood, See Remarks
Driving Directions
From North take Meridian to Broadway. Turn right on Broadway and turn left on Dupont. Building will be on your left
Electric Expenses
548
Other Expenses
5712
Net Operating Income
$59,335
Gross Adjusted Income
$61,335
Gross Scheduled Income
$63,232
Water/Sewer/Garbage Expenses
$2,734
Cap Rate
5.02
Vacancy Rate
3
Total Expenses
$21,318
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