3710 Meridian Street, Bellingham, WA 98225
- $5,800,000
Listing courtesy of Real Estate 2000 Inc..
- List Price
- $5,800,000
- Status
- ACTIVE
- MLS#
- 2434982
- Days on Market
- 314
Property Description
Discover The 71-Room Bellis Inn Hotel, In Beautiful Bellingham, WA. Bellis Inn Is A Higher-Quality Choice Than Red Lion, Best Western, and Other Similar Flags. Features 36 Single Rooms, 32 Doubles. The Property Includes A Currently Inactive Spa Room With A Shower And Jacuzzi, Ready To Be Revitalized For Guest Enjoyment. Recent Renovations In 2023/2024, Totaling An Estimated $390,000, Elevating The Quality Of Every Room. Interior Corridors And A Convenient 3-Story Layout Serviced By An Elevator. Prime Location Close To The Airport, Canadian Border, And Local Colleges, Making It An Ideal Choice For Business And Leisure Travelers. Don't Miss Out On This Opportunity To Own This Meticulously Maintained, Profitable Hotel In Growing Bellingham!
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Additional Information
- Community
- Bellingham
- Style
- 64 - Hotel/Motel
- Year Built
- 1993
- Potential Terms
- Cash, Conventional
- Driving Directions
- Take the Meridian St/WA-539 N exit, EXIT 256A, toward Lynden. Then 0.31 miles Turn left onto Meridian St/WA-539. Continue to follow Meridian St. Then 0.17 miles Bellis Inn is on the left.
- Energy Source
- Electric
- Net Operating Income
- $579,169
- Gross Scheduled Income
- $966,842
- Cap Rate
- 10
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.