201 N Commercial St
Bellingham WA 98225
The Avalon
201 N Commercial St Bellingham WA 98225
Listing #: 711313 | Status: Available | Last Modified: 4/13/2026 |
For Sale
- Phone:(206) 826-5788
- Email:jake.morse@marcusmillichap.com
- Office Name:Marcus & Millichap, Inc.
- Office Phone:(206) 826-5700
- Office Website:www.marcusmillichap.com
- Agent Phone:(425) 444-5935
- Agent Email:zachary.mazzuca@marcusmillichap.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,500,000.0
- $/SF$ 223.6
- $/Unit$ 2,500,000.0
- Listing StatusAvailable
- Days on Market24
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income267,701
- Vacancy Factor %5.00%
- Operating Expenses105,543
- Net Operating Income148,772
- CAP Rate 6.49 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 6.49 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units16
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF11180
- Net Rentable Area11180
- Total Office SF
- Largest Contiguous SF
- Lot SF6534
- Acres0.15
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyWhatcom
- Vicinity
- Location Description
- Second Address
- Cross StreetFlora St
- Market AreaWhatcom County
- Tax ID #74995
- Additional Parcels
- ZoningUV
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built1900
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
The Avalon
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




