1325 Lincoln St $475,000

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    1325 Lincoln St Bellingham, WA 98229

    • 0.10 Acres
    • Commercial/Industrial
    Listing# 1486878 | Pending

    $475,000

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    Days On Market: 68 0 Views
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    Property Details

    Centrally located office building in rapidly expanding Bellingham. The building recently underwent an extensive interior and exterior remodel bringing the property to 2017 finishes. There are three separate suites, one lower level alley access suite with 925 sq ft and second street level access suites with 530 sq ft each. The upstairs 708 sq ft hosts a shared kitchen storage area with restroom and shower. Excellent property for an owner user or investor.

    • General Features
      • County Whatcom
      • Zoning Class Business, Commercial, Office
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 2,693
      • Total Uncovered Parking 0
      • Total Covered Parking 0
    • Building Features
      • Exterior Stucco
      • Foundation Poured Concrete
      • Roof See Remarks
      • Floor Covering Ceramic Tile, Wall-to-Wall Carpet
      • Heating and Cooling Forced Air
    • Property Features
      • Lot Square Footage 4,356
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Bellingham
      • Energy Source Electric
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 5
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 6.79
      • Gross Scheduled Income $35,662
      • Gross Adjusted Income $36,985
      • Total Expenses $0
      • NOI $32,258
      • Electrical Expenses $0
      • Tax Expense $3,527
      • Heating Expense $0
      • Insurance Expense $1,200
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2019

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    Neighborhood

    98229 (Bellingham) Demographics

    38Median Age
    627Population Density (per sq. mile)
    54%College Educated
    $59,274 Estimated Median Income
    7,998Estimated Total Home Owners
    4,189Estimated Total Renters
    66% / 34%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    30,812Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $365,000 Median Sales Price
    49 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $475,000
        8/28/2019 9:41:15 AM Status Changed Source New Value: Pending
        7/22/2019 10:01:20 AM Status Changed Source New Value: Pending Feasibility
        7/9/2019 8:51:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.