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Squalicum Lofts
905 Squalicum Way Bellingham WA 98225
Listing #: 711720 | Status: Available | Last Modified: 4/20/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Condo Information | |
|---|---|
| Condo | Yes |
| Condo $/SF | $ 428.00 |
| Condo SF | 7,700 SF |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 188,498 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 15,153 |
| Net Operating Income | 173,345 |
| CAP Rate | 5.25 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 0 |
| Total Building SF | 13,280 SF |
| Net Rentable Area | 11,376 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 12,850 SF |
| Acres | 0.29 |
| Year Built | 2010 |
| Sprinklers | Yes |
| Property Type | |
|---|---|
| Property Type | Industrial |
| Location | |
|---|---|
| County | Whatcom |
| Vicinity | Totem |
| Location Description | Next to Squalicum Park. |
| Cross Street | I-5 to Meridian south. Rt on Squalicum Way past West Street. |
| Market Area | Whatcom County |
| Tax ID # | 172253 |
| Zoning | I |
Squalicum Lofts Condominiums Leased Investment
Three adjacent commercial condo units joined together in the heart of Bellingham. Leased long term by Frontier Dermatology. A very stable single tenant history with a NNN lease at below market rents. The interior of the Premises is improved with elevator to the second story and high end and well maintained finishes. The Base Rent has 2% annual increases for the initial 5 year term. One option to renew at Fair Market rent for comparable medical space. NNN lease including HOA dues.
Condo Office/Retail/WH W/mezzanine in Superb Location near Bellingham waterfront, I-5 downtown and next to Squalicum Cr. Park. Storefronts, radiant heat, internet access,16Wx14H grade level doors, security gate (6am to 10pm).
Industrial/Office
Squalicum Lofts
905 Squalicum Way Bellingham WA 98225
Listing #: 711720 | Status: Available | Listing Date: 4/17/2026 | Last Modified: 4/20/2026 | Email Listing
For Sale
Squalicum Lofts - Unit 101-103
