LISTING DETAILS

Marina Building

851 Coho Way Bellingham WA 98225

Listing #: 708261 | Status: Available | Last Modified: 4/29/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate7.50 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Elevators1
A/CYes
Total Building SF47,508 SF
Net Rentable Area47,508 SF
Total Office SF47,508 SF
Largest Contiguous SF1,400 SF
Lot SF5,982,842 SF
Acres137.35
Year Built1991
SprinklersYes
Construction TypeConcrete, Steel
Property Type
Property TypeOffice
Office TypeMulti-Tenant
Building ClassA
Location
CountyWhatcom
Cross StreetRoeder Ave.
Market AreaNot Assigned
Tax ID #188110|2
ZoningHII
Parking Information
#Covered Spaces0
# Uncovered Spaces127
Total Parking Spots127

Marina Building

Public Comments

Easy $70k net revenue per month. The Marina Building sits proudly on the corner of Coho Way and Roeder Ave within the Port of Bellingham’s Marina District. Actual cap rate is 7.5%, with a strong mix of regional and local tenants. 1st floor is anchored by LFS retail sales serving the marine industry, with the 2nd and 3rd floor as Class A office with secure entry served by an elevator. This 47k plus sq ft, fully sprinkled building has been meticulously upgraded and maintained with a tenant occupancy average of 9 years. Building is situated on a landlord favorable Port of Bellingham Land Lease with 36 years remaining. The math works! Abundant parking, in a walkable area with easy access to affiliated services, restaurants, trails and parks. Please do not disturb tenants.

Public Building Comments

Office spaces with gorgeous Bay views. Each suite has a window that opens. Ample parking. Wired for high speed internet. Gas/electricity separately metered. Great working environment. Elevator access & stair access to 3rd floor. Key security system. With

Marina Building
851 Coho Way Bellingham WA 98225

Listing #: 708261 | Status: Available | Listing Date: 2/5/2026 | Last Modified: 4/29/2026 | Email Listing

For Sale

Marina Building

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