114 Magnolia StBellingham, WA 98225
- Retail properties
- 5,500 SF
Property Details for 114 Magnolia St
- Year built
- 1915
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 5,500 SF
- Zone code
- CC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 380330 220139 0000
- APU
- 3803302201390000
Description
This 6,655 square foot office building, located at 114 W. Magnolia St. in Bellingham, WA 98225, offers executive and traditional office spaces within Whatcom County's central business district. Originally built in 1929 and renovated in 1999, the Crown Plaza Executive Suites provide a blend of historic charm and modern amenities. Currently, 150 square feet of office space is immediately available, with a minimum divisible space of 150 square feet. The building features a welcoming reception area with a receptionist to greet clients, handle calls, and manage mail. Tenants enjoy access to a full kitchen/breakroom, conference rooms, a printer/copier, and guest parking. High-speed fiber internet and Wi-Fi are provided. Offices boast ample natural light with beautiful city, bay, or mountain views through large windows. The building is ADA-accessible and climate-controlled with 24/7 access. The average office size is approximately 10 x 12 feet.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,180,806
- 6.5%
- $2,013,052
- 7%
- $1,869,262
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,213,070
- Geo Method
- $2,669,159
-
Alternative Use
- Use
- Valuation
- Residential
- $1,698,084
- Hospitality
- $1,555,436
- Educational
- $1,294,105
- Medical
- $1,338,611
- Retail
- $2,013,052
Location Insight
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Latitude
- 48.7501
- Longitude
- -122.477
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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