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Listing provided courtesy of John L. Scott BellinghamNWMLSMLS# NWM2504134MLS Provider
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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.

Source: NWMLS, MLS#: NWM2504134

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  • Property Type
    Commercial Sale
  • Lot
    0.33 acres

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  • Median Age
    29
  • Population Density
    3,455
  • College Educated
    56%
  • Estimated Median Income
    $53,093
  • Estimated Total Home Owners
    9,008
  • Estimated Total Renters
    12,804
  • Owner / Renter Divide
    41% / 59%
  • Estimated Average Household Size
    2
  • Total Population
    51,606
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 13111327 11th Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: NWMLS Price Reduction
$3,433,015 -13.1%
4/7/2026Source: NWMLS Added to Database
April 07, 2026

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