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13111327 11th Street

Bellingham, WA 98225
  • $4,413,500
  • STATUS: Pending Feasibility
  • ID#: 2341185
UPDATED: 74 min ago
$4,413,500
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2008
County:
Area:

School Ratings & Info

Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of John L. Scott Bellingham.
Mortgage Calculator is provided by BoomTown.

Description

Here's your 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. 100% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 6.75% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights. Potential to assume underlying mortgage at 4.125% if desired.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Real Broker, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-05-12T18:15:36.447. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-05-12T18:15:36.447. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.costelloteam.com/homes/161175287
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13111327 11th Street Bellingham, WA 98225

  • Price: $4,413,500
  • Status: Pending Feasibility
  • On Site: Days
  • Updated: 74 min ago
  • ID#: 2341185
0
Beds
0
Baths
0
½ Baths
0.33
Acres
2008
Built
Neighborhood:
Fairhaven
County:
Whatcom
Area:
Bellingham
Property Description
Here's your 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. 100% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 6.75% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights. Potential to assume underlying mortgage at 4.125% if desired.
Exterior Features

Carport YN No Open Parking YN No Parking Total 0 Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling YN No Fireplace YN No Fireplaces Total 0 Heating YN No Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 1 Association Fee Frequency Not Applicable Association YN Yes Detached Dwelling Sq Ft Finished 0 FIRPTAYN No First Right Of Refusal No Irrigation Water Rights YN No Listing Terms AssumableCash OutConventional Net Operating Income 297977 Possession Subject to Tenant Rights Possible Use BusinessCommercialOfficeRetail Power Company PSE Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Short Term Rental YN No Special Listing Conditions None Water Company City Water Source Public Year Built Effective 2008 Zoning Description BusinessCommercialOfficeRetail Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Real Broker, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-05-12T18:15:36.447. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-05-12T18:15:36.447. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Costello Team | Real Broker, LLC
1400 112th Ave SE suite 100
Bellevue WA, 98004
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of John L. Scott Bellingham.
Mortgage Calculator is provided by BoomTown.