This Office Property is Off-Market.

1116 Key Street
Bellingham, WA 98225 ·

6,147 SF · Office For Sale

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1116 Key Street

Price N/A No. Stories 2
Building Size 6,147 SF Building Class A
Property Type Office Tenancy Multiple
Property Sub-type Medical Office Year Built 1986
Property Use Type Investment Lot Size 10,625 SF
Cap Rate 6.30% APN / Parcel ID 3803313644410000
Listing ID: 14673230 Date Created: 06/21/2006 Last Updated: 10/04/2007

Description

The original building was constructed in 1905; a second building was moved, attached to it and renovated in 1986; a third wing was added in 1995-96 when entire building remodeled and updated. It is situated one block from St. Lukes Hospital, now owned by St. Josephs Hospital. This property is currently in use as a medical office/treatment facility. The building itself is maintained in A100 condition.
Layout Includes: 20 Offices: Sizes from 90 to 238 sq. ft. each

2 conference rooms totaling 428 sq. ft.

Offices are sound proofed for confidentiality

3 Restrooms

2 Handicap Accessible

1 Staff w/Shower

2 Reception areas, 1 with children's play area

1 Staff Lounge with Kitchenette

4 Entries/Exits allowing dividable spaces

HVAC 2 Separate Heating/Air Conditioning Systems (One brand new, installed in 2004)

Gas Forced Air/Programmable Thermostats

Parking 19 spaces

Handicap Parking at East end of building

Permanent Registered Easement for Additional Parking

12 spaces

Elevator Handicap Accessible

Security Monitored Burglar, Smoke and Fire Alarms

Electric All new energy efficient lighting installed throughout building in 2

It is located near I5, is between several bus lines, and has more than adequate parking, providing excellent client access. Western Washington University and downtown Bellingham are each within 12 minutes walking distance.

Highlights

  • Owner will finance @ 5.7% simple interest w/ $500K down.

Research

1116 Key Street, Bellingham, WA 98225 (Whatcom County)

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