3136 Squalicum Parkway Unit #B, Bellingham, WA 98225

$1,100,000

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Listing Broker: Windermere RE Whatcom, Inc.; Lynda L. Hinton; ; Selling Office: Windermere RE Whatcom, Inc..

Sold Price
$1,100,000
List Price
$1,300,000
Status
SOLD
MLS#
2368852
Closing Date
Jun 29, 2026
Days on Market
395
Internet Provider
Xfinity

Property Description

This well-equipped 1,800 SF oral surgery suite is fully leased through June 2028. Located in the heart of the medical community, this property offers strong tenant stability and ideal proximity to major healthcare providers. Suite Features: 2 consultation/exam rooms, 2 surgical suites, 2 recovery beds, a lab and sterilization room, and a backup generator. Part of a duplex building managed by a condominium association covering common expenses. The tenant is responsible for all costs, including property taxes, utilities, and monthly HOA dues. Ideal for 1031 exchange buyers or medical office investors.

Additional Information

Community
Bellingham
Building Condition
Very Good
Style
60 - Comm Bldg Und 10K
Year Built
1996
Roof
Metal
Tax Year
2025
HOA Dues
$4,000
Potential Terms
Cash, Conventional
Flooring
Ceramic Tile, Vinyl, Carpet
Driving Directions
Exit 255 (Sunset Drive) from I-5, turn west on Sunset Drive. Turn right at Ellis St, then turn right on Squalicum Pkwy. Follow Squalicum Pkwy to property on the right - shares driveway with FCN-Urgent
Energy Source
Electric, Natural Gas
Net Operating Income
$66,000
Gross Adjusted Income
$66,000
Gross Scheduled Income
$66,000
Cap Rate
4
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