Iowa Business Center – Bellingham, WA

  • $8,400,000
1700 Iowa St, Bellingham, WA, 98229
For Sale
Iowa Business Center – Bellingham, WA
1700 Iowa St, Bellingham, WA, 98229
  • $8,400,000

Overview

Property ID: 675091
  • Retail
  • Property Type
  • For Sale
  • Listing Type
  • 31457
  • Building (sq ft)
  • 99007
  • Lot Size
  • 1977
  • Year Built
  • Retail,Office
  • Asset Class

Description

Iowa Business Center #675091
Status: Available
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.

Market Area: Whatcom County
County: Whatcom
Listing Type: For Sale
Asset Class: Retail,Office
General Zoning: I
Cap Rate: 0
Year Built: 1977
Construction Type: Concrete
Floors: 1
Parking: 0  (Covered: 0 & Uncovered: 0)

Flyer:


Listing Courtesy of: Pacific Continental Realty, LLC – Jim Bjerke (#8612)

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.

Property Documents

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  • 1700 - 1780 Iowa St
    Bellingham, WA 98229
    USA
  • Whatcom County

Features

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Disclaimer: The information contained in this listing has not been verified by Muljat Group Inc. - Bellingham and should be verified by the buyer.

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