4174 Pacific HwyBellingham, WA 98226

Property Details for 4174 Pacific Hwy

Year built

1956

Lot size

1.50 AC

Property size (Sq ft)

2,623 SF

Zone code

PI

Property type

Office properties

Property subtype

Office buildings

APN

380211 227105 0000

APU

3802112271050000

Description

This exceptional single-tenant executive office building, totaling 2,623 square feet, presents a unique opportunity in Bellingham, WA. Situated on a 1.5-acre lot at 4174 Pacific Highway, this Class C, single-story building boasts excellent visibility from Interstate 5, near major retailers like Costco and Fred Meyer, and Bellingham International Airport. The property features ample parking for 15 or more vehicles, providing convenient access for employees and clients. The interior layout includes nine private offices, a reception area, two bathrooms, a board/conference room, and a kitchen, offering a complete and functional workspace. High-speed internet is readily available. The building's location benefits from easy access via Pacific Highway, which runs parallel to I-5, just north and east of the Bakerview Road exit. This area is experiencing significant growth in both residential and service sectors, making this property an ideal investment for a growing company in the professional services or general contracting fields. Note that the land and building are also available for sale separately. The property's address is 4174 Pacific Hwy, Bellingham, WA 98226.

• CAP approach

  CAP return

  Valuation

  6%

  $707,514

  6.5%

  $653,090

  7%

  $606,441

• Comparable approach

  Method

  Valuation

  Relative Method

  $797,322

  Geo Method

  $505,137

• Alternative Use

  Use

  Valuation

  Residential

  $809,832

  Hospitality

  $741,802

  Educational

  $617,170

  Medical

  $638,396

  Retail

  $960,043

Location Insight

City

Bellingham

County

Whatcom

State

Washington

Latitude

48.7924

Longitude

-122.521

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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