770 E Holly Street, Bellingham, WA 98225
- $2,054,000
Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Windermere Real Estate Whatcom.
- Sold Price
- $2,054,000
- List Price
- $2,450,000
- Status
- SOLD
- MLS#
- 1377045
- Closing Date
- Jul 17, 2020
- Days on Market
- 530
- Annual Tax Ammount
- 12500
Property Description
Excellent quality professional building configured for a single user. 33 off street parking stalls. Recently remodeled interior with 12 private offices and several additional multiple work areas. Full kitchen, several large meeting spaces, fiber optic cable and exceptional street visibility on a main arterial street. Site is located in an area designated as an opportunity zone with extraordinary tax benefits.
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Additional Information
- Community
- Downtown
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1974
- # of Assigned Spaces
- 33
- Roof
- Built-Up, Flat
- Tax Year
- 2018
- Potential Terms
- Conventional, Lease Purchase
- Interior Features
- Forced Air, Heat Pump, Wall to Wall Carpet
- Flooring
- Vinyl, Carpet
- Driving Directions
- From I-5, take the Lakeway Exit - #253 - turn West onto Lakeway and continue straight onto Holly St. Property is on the left just beyond the intersection of Ellis and Holly.
- Net Operating Income
- $144,556
- Gross Adjusted Income
- $152,164
- Gross Scheduled Income
- $156,870
- Cap Rate
- 5
- Vacancy Rate
- 3
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