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$11,400,000
500 Days Online

851 Coho Way
Bellingham, WA 98225

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1991
Built
Subdivision:
Bellingham
County:
Whatcom
Days online/new listing status Based on first download from the MLS.
Courtesy of NWMLS
Listing courtesy of KC Coonc of Pacific Continental Realty LLC

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(206) 595-5524
851 Coho Way851 Coho Way851 Coho Way851 Coho Way
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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.

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Listing Snapshot
Price 
$11,400,000
Days Online 
500 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.3954 Acres
Year Built 
1991
MLS Number 
1881412
Status 
Active
Property Tax 
$50,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status Based on first download from the MLS.
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a year agoListing first seen online
General Features
Building Features 
ElevatorSignage IncludedSprinklered
Parking Spaces 
127
Acreage 
1.3954
Water 
Public
Foundation 
Slab
Sewer 
Sewer Connected
Parking Total 
127
Interior Features
Flooring 
Ceramic TileVinylCarpet
Furnished? 
Unfurnished
Interior 
Forced AirHeat PumpCeramic TileWall to Wall Carpet
Fireplace 
No
Furnished 
Unfurnished
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Exterior Features
Roof 
Flat
Exterior 
Metal/ VinylMetal/Vinyl
Community Features
Senior Community 
No
MLS Area 
860 - Bellingham
Building Features 
ElevatorSignage IncludedSprinklered
Courtesy of NWMLS
Listing courtesy of KC Coonc of Pacific Continental Realty LLC



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Northwest MLS.
Data last updated at: 2023-06-09 08:00 AM PDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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