Listing courtesy of Pacific Continental Realty LLC
Property Description

The Marina Building sits proudly within the Port of Bellingham’s Marina District. 100% fully leased, 6.16% Cap on actuals with 3% vacancy credit loss, with a strong mix of regional and local tenants. 1st floor is anchored by LFS retail sales serving marine industry and the 2nd and 3rd floor as Class A office with secure entry served by elevator. Fully sprinkled. This 47k plus sq ft building has been meticulously upgraded and maintained with a tenant occupancy average of 6.75 years. Building is situated on a landlord favorable Port of Bellingham Land Lease with 40 years remaining. The math works! Abundant parking, in a walkable area with easy access to affiliated services, restaurants, trails and parks.

Address Map
USA
WA
Whatcom
Bellingham
98225
Coho
851
Way
0
W123° 29' 47.8''
N48° 45' 32.7''
Additional Listing Information
860 - Bellingham
Roeder Avenue to Coho Way. Property is situated on
Bellingham
Very Good
Provided
PSE
0
0
61 - Comm Bldg Ovr 10K
50000
2022
COB
Flat
: Metal/vinyl
: High Efficiency - 90%+, Forced Air, Dining Room, Security System
: Vinyl, Ceramic tile, Carpet
: Poured concrete, Slab
: Sewer connected
: Public
Pacific Continental Realty LLC
KC Coonc
Active
NWM24494
0 Sqft
NWM6317

Commercial Sale For Sale

851 Coho Way, Bellingham, Washington 98225

0 Bedrooms
0 Bathrooms
60,785 Sqft
$11,400,000
NWMLS # #NWM1881412
Basic Details
Property Type : Commercial Property
Listing Type : For Sale
NWMLS # : NWM1881412
Price : $11,400,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1991
Lot Area : 60,785 Sqft
Agent info
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