1700 Iowa St, Bellingham WA, 98225
(Active)
$8,400,000
|
31,457 sqft
|
MLS# 2185304
Last Updated: 5/3/2024 3:58 PM
Description for
1700 Iowa St
Bellingham, WA 98225
Investor Alert! Iowa Business Center in Bellingham is a well-maintained office/retail location with 3 buildings situated on 3.22 acres with ample parking, excellent visibility, easy access to I-5, & downtown Bellingham. This 18-unit center has a very high historical occupancy with many long-term tenants. Base rents range from $12.95 to $18.13 psf plus nnn leaving room for resetting rents upon tenant turnover. The property has been professionally managed and maintained by PCR for the last 18 years and is good condition for the next investor to stay the course or create a new vision for the Center.
Price
$8,400,000
Roosevelt
Whatcom
31,457 (approx)
2185304
Active
Description
Investor Alert! Iowa Business Center in Bellingham is a well-maintained office/retail location with 3 buildings situated on 3.22 acres with ample parking, excellent visibility, easy access to I-5, & downtown Bellingham. This 18-unit center has a very high historical occupancy with many long-term tenants. Base rents range from $12.95 to $18.13 psf plus nnn leaving room for resetting rents upon tenant turnover. The property has been professionally managed and maintained by PCR for the last 18 years and is good condition for the next investor to stay the course or create a new vision for the Center.
Listing Information
| Property Type: Business Opportunities, Other | ||
| 3.22 Acres | 31,457 (approx) | 1979 |
| Industrial | ||
Roosevelt
Sewer Connected
Neighborhood
Room Information
Interior Features
Electric Heating,
None
Accessible Entrance
Driving Directions
Iowa Street exit, East on Iowa Street. Property on right after Pacific Street intersection
Financial Considerations
| 3803293433830000 |
Listing Price History
Bellingham Real Estate
Bellingham is located in Washington. Bellingham, Washington 98225 has a population of 93,074.
The median household income in Bellingham, Washington 98225 is $53,396. The median household income for the surrounding county is $67,590 compared to the national median of $66,222. The median age of people living in Bellingham 98225 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 12/13/2023 | Active | $8,400,000 USD |
|