Pacific Continental Realty LLC

851 Coho Way, Bellingham, WA

$11,400,000

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1.40

Acres

About 851 Coho Way

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.

Features of 851 Coho Way

MLS® # 1881412
Price $11,400,000
Bathrooms 0.00
Acres 1.40
Year Built 1991
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 851 Coho Way
Area 860 - Bellingham
Subdivision Bellingham
City Bellingham
County Whatcom
State WA
Zip Code 98225

Amenities

Parking Spaces 127
Is Waterfront No

Interior

Interior Features Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet
Fireplace No

Exterior

Exterior Features Metal/Vinyl
Foundation Poured Concrete, Slab

Additional Information

Days on Market 160
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePacific Continental Realty LLC

Listing Map

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