$3,433,015
Est. $17,395/mo13111327 11th Street, Bellingham, WA 98225
• Listed 2026-04-07•37 days on market
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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.
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13111327 11th Street, Bellingham, WA 98225
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 6, 2026 at 05:45pm (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Listed by Patrick Starr • John L. Scott Bellingham
Listing updated: May 6, 2026 at 05:45pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2504134
Bellingham is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 23 days.
$985,000 Sold
2 weeks ago
2 bd•~1,112 sq ft•Single Family
917 13th Street, Bellingham, WA 98225
14%
Under list
—
Days on market
0.4 mi
Distance
$899,000 Sold
6 weeks ago
3 bd•2.5 ba•~1,620 sq ft•Single Family
805 11th Street, Bellingham, WA 98225
0%
Over list
—
Days on market
0.4 mi
Distance
$880,000 Sold
2 months ago
5 bd•2 ba•~2,636 sq ft•Single Family
1211 14th Street, Bellingham, WA 98225
6%
Under list
—
Days on market
0.2 mi
Distance
$365,000 Sold
3 months ago
•Single Family
2100 Lindsay Avenue, Bellingham, WA 98225
5%
Under list
—
Days on market
0.7 mi
Distance
$565,000 Sold
4 months ago
2 bd•1.5 ba•~1,056 sq ft•Single Family
1027 21st Street, Bellingham, WA 98225
2%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
