1325 Lincoln St $475,000

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    1325 Lincoln St Bellingham, WA 98229

    Sold
    SOLD 10/25/2019

    $475,000

    • 0.10 Acres
    • Commercial/Industrial
    • Listing# 1486878
    Favorite Share
    Views: 14 Days On Market: 123

    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
      • Approx Building SqFt 0
      • Approx Office SqFt 2,693
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Business, Commercial, Office
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 0
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Stucco
      • Foundation Poured Concrete
      • Roof See Remarks
      • Floor Covering ,
      • Heating and Cooling Forced Air
    • Property Features
      • 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
      • Lot Square Footage 4,356
    • 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
      • Other Expenses $0
      • Tax Year 2019
      • . $0

    Neighborhood

    98229 (Bellingham) Demographics

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

    Market Last 30 Days In This Postal Code

    $459,950 Median Sales Price
    28 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        10/25/2019 12:00:00 AM Sold Source New Value: $475,000
        8/28/2019 9:41:15 AM Status Changed Source New Value: Pending

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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, 2020. 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.