Property Details

3710 Meridian Street

Bellingham, WA 98225

$5,800,000

Off Market

CBA# 691623 courtesy of CBA Listing firm: Real Estate 2000 Corp.

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 3710 Meridian Street, Bellingham, MLS# 691623

Commercial

Property Type

29,118

Bldg Sq Ft

1993

Year Built

Property Overview

2024 Financials: Gross Income $966,842, Net Income $579,169, CAP Rate 10%2023 Financials: Gross Income $1,041,944, Net Income $508,265, CAP Rate 8.8%2022 Financials: Gross Income $1,150,279, Net Income $577,745, CAP Rate 10%Discover The Exceptional 71-Room Bellis Inn Hotel, A Prime Investment Opportunity In Beautiful Bellingham, Washington, Now On The Market For A New Low Price Of $5,800,000! This Property, Offered By A Retiring Operator, Stands Out As A Higher-Quality Property Compared To Notable Brands Such As Red Lion, Best Western And Other Comparable Flags.The Bellis Inn Features 36 Single Rooms, 32 Double Rooms, And 3 Handicap-Accessible Rooms, For Added Potential, The Property Includes A Currently Inactive Spa Room With A Shower And Jacuzzi, Ready To Be Revitalized For Gu