Pacific Continental Realty LLC
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 | 203 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Pacific Continental Realty LLC |
|---|