23 Bellwether WayBellingham, WA 98225

Property Details for 23 Bellwether Way

Lot size

0.40 AC

Zone code

PCM

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

380225 356380 0000

APU

3802253563800000

Description

This exceptional 2,197 square foot office suite, located at 23 Bellwether Way in Bellingham, Washington, presents a unique opportunity for businesses seeking a prestigious waterfront address. Situated within a high-quality office complex on the Squalicum Marina, Suite 101 offers a desirable ground floor location. The property is categorized as retail and office, with a traditional office subtype and multiple tenancy. Its convenient location provides easy access to a variety of amenities, including nearby restaurants, shops, and other essential services. The building offers the added benefit of secure underground parking, available to tenants. This is an unparalleled chance to establish your business in one of Bellingham's most sought-after locations, boasting stunning waterfront views and a vibrant, walkable neighborhood. The suite is in Whatcom County, WA, zip code 98225. The property is ideal for businesses seeking a high-profile presence in a thriving community. This ground floor space offers excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $4,713,886

  6.5%

  $4,351,279

  7%

  $4,040,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,312,237

  Geo Method

  $3,365,528

• Alternative Use

  Use

  Valuation

  Residential

  $5,395,586

  Hospitality

  $4,942,328

  Educational

  $4,111,958

  Medical

  $4,253,375

  Retail

  $6,396,380

Location Insight

City

Bellingham

County

Whatcom

State

Washington

Latitude

48.7557

Longitude

-122.495

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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