Fairhaven Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Fairhaven, one of Bellingham, Washington's most charming and historic neighborhoods. Nestled along the picturesque waterfront, Fairhaven is a vibrant community that perfectly blends rich history with modern living. Known for its stunning views of Bellingham Bay and the San Juan Islands, this area boasts a unique character that captivates both residents and visitors alike.

Fairhaven is renowned for its well-preserved architecture and quaint streets lined with boutique shops, art galleries, and delightful eateries. The neighborhood's historic district is a testament to its past, featuring beautiful brick buildings and Victorian-style homes that tell the story of its origins as a bustling port town. Stroll through the charming streets and you’ll discover a variety of local businesses that contribute to the neighborhood's warm and welcoming atmosphere.

For those seeking spacious homes with commercial potential, Fairhaven offers an array of options, including properties with over 10,000 square feet of commercial building space. These versatile properties are perfect for entrepreneurs looking to establish a business in this thriving community or for investors seeking lucrative opportunities. The blend of residential charm and commercial viability makes Fairhaven an attractive option for both homebuyers and business owners.

Additionally, the proximity to parks, waterfront activities, and excellent schools enhances the appeal of this neighborhood. With its stunning natural beauty and a strong sense of community, Fairhaven is not just a place to live; it’s a lifestyle. Come explore all that this enchanting neighborhood has to offer and discover your dream home in Fairhaven today!

Newest Fairhaven Homes with 61 - Comm Bldg Ovr 10K Style

$3,433,015

2504134 MLS ⋅ ACTIVE Status

Huge price reduction gives you a true 8% Cap Rate based on actual #s. This reflects the single unit currently vacant plus we deducted an additional 5% vacancy rate on top of that just to keep the underwriters happy. Or, you can assume the underlying mortgage (approx $1.28M) at 4.125% FIXED for the next 5 years. That is cheap money! Don't miss this chance to own a piece of historic downtown Fairhaven. 8 street-level commercial/retail condos split between the Waldron & Young Buildings encompassing Finnegan's Alley. Multiple addresses. 91.5% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 8% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights.

13111327 11th Street, Bellingham

Listing courtesy of John L. Scott Bellingham.

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.