Property Details

201 N Commercial St

Bellingham, WA 98225

$2,500,000

Available

CBA# 711313 courtesy of CBA Listing firm: Marcus & Millichap, Inc.

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Commercial

Property Type

11,180

Bldg Sq Ft

Units

5.00%

Cap Rate

1900

Year Built

Property Overview

Originally built between 1900 and 1906, the Avalon is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The Avalon consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been r