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Listed price in listed location currency (USD).
$3,433,015

000

MLS® 2504134

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 32
Lot Size 
Approx. Age 2008
MLS® Number 2504134

Property Address: 13111327 11th St, Bellingham, WA, 98225

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number2504134
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2008
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$3,433,015List Price
  • Commute

Commute

Starting Address
Destination Address
13111327 11Th St, Bellingham, WA

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