Bellingham Dharma Hall
Property Purchase or Rental Research - Fall 2004 - Spring 2005
When
2-5-04 |
Who
Tina at |
Company
Dream on Futon |
Contact Info
|
Dharma Hall contact Bob P/Chris B |
|
|
Where and what: Bob: The new owners
of the building evicted them and are hush hush about plans. Dream On's rent
for the space went up over the last few months from their long standing sweet
deal $1500 to $4000/mo. Chris: see below
for info re new owner Site address:
1107 N STATE ST |
|||||
|
When 10-04 |
Who Richard
Eggemyer, Commercial
Realtor |
Company Coldwell Banker |
Contact Info 734-3420 |
Dharma Hall contact Jean |
|
|
Where and what: Jenny Cottrell
suggested Richard as a Buddhist friendly commercial realtor (there are only
about a dozen c.r. in town). He said he was too busy to work with us, but
that perhaps his associate (Jim Lackey) would have time. Richard had lots of
info:
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
When 2-4-05 |
Who |
Company |
Contact Info |
Dharma Hall contact Jean |
|
|
Where and what: Just to get a
ballpark figure I checked on a friend’s office at 1316 King St. For 1300 square feet (large waiting room, 3
offices) they pay $1354 base, plus $331 triple net for a total of almost
$1700/mo Triple net lease: A lease in which the lessee
pays rent to the lessor, as well as all taxes, insurance,
and all other landlord expenses that arise from the use of the property.
These may include but are not limited to landscaping, general maintenance,
maintenance of heating and cooling systems, cleaning, utilities (electricity,
gas, w/s/g) for the common areas. The tenant may additionally pay for utilities
for their specific space. The amount is
first calculated for the entire building, then divided (either by # of
renters, if all offices are the same size, or by amount of square footage the
tenant has. The triple net can change from year to year; often there is cap
(often 5%).
|
|||||
|
When 2-8-05 |
Who Erin Sundean |
Company Bedford Group |
Contact Info |
Dharma Hall contact Gretchen |
|
|
Where and what: The bank property
at Northwest and E. Maplewood
(which Freda had mentioned) is 3280 sq. ft. Rents for $17 per sq ft.,
which includes triple-NNN (net) expenses, plus utilities; wants 3-5 year
lease. I figured it to be about $5480 per month plus the utilities. |
|||||
|
When 2-8-05 |
Who Erin Sundean |
Company Bedford Group |
Contact Info |
Dharma Hall contact Gretchen |
|
|
Where and what: Erin has another
location off Meridian, in area of Horizon Bank, carwash. 1768 Sq. Ft. at
$13.00 per sq. ft. which is about $1915 plus triple NNN (net) expenses
utilities...Has large conference rooms, plus several smaller private rooms. |
|||||
|
When 2-8-05 |
Who Erin Sundean |
Company Bedford Group |
Contact Info |
Dharma Hall contact Gretchen |
|
|
Where and what: Space in the Irongate area, which was "Mother
Baby". 3784 sq. ft. at $2500 per month, plus utilities. |
|||||
|
When 2-8-05 |
Who Erin Sundean |
Company Bedford Group |
Contact Info |
Dharma Hall contact Gretchen |
|
|
Where and what: Erin said he has
another meditation type group (with someone coming from Seattle to check on
space). This group will be renting space at the old Trillium
Headquarters on Cordata Blvd;
there is a similar space available next to this group if we are interested.
It sounded very expensive without his ever saying anything about the price. |
|||||
|
When 2-9-05 |
Who Jim Lackey
|
Company Saratoga |
Contact Info 734-3420 |
Dharma Hall contact Monica A |
|
|
Where and what: Monica had called
Richard. He’s still too busy, again suggests Jim Lackey. Jim called Monica on
2-10: “I just talked with
Jim Lackey, Richard Eggemeyer's associate, and he said he would be very happy
to work with us on space to rent, lease, or buy. He said he had just worked
with a Buddhist group (I believe he said SGI) that decided to lease property
in the Cordata area. Points Jim made: 1) as a church we
could be in either residential or commercial zoning, but we will need a
conditional use permit (unless the property we get already has a conditional
use permit). 2) The number of
parking spaces is determined by the square footage of the space. I told him
we have 50 people attend special events and many would be using alternative
transportation. 3) Jim did ask
about our lease. He was concerned if we sign a year lease and then find a
property, then we'd be paying on both properties. 4) Jim is going to
do some research and put together some listings that he thinks will fit what
we are looking for. It is great that he just did this process for the other
Buddhist group so listings are fresh in his mind. He'll email me the listings
and I'll forward them to you Jean and Gretchen. We could then go look at
the properties. Then Jim said he would like to meet with us in
person (I'd love it if the 3 of us could meet with him together) and go over
the listings and tell him what we liked and didn't like so he can focus
in on what we are looking for. He said it will take him a few days to
pull the info together and email it to me. I said we were in no rush and
appreciated his time very much. Jim never asked me
about funds that we have available, BUT Richard Eggemeyer did. I think we
should have that information ready to give to Jim when we meet with him in
person. |
|||||
|
When 2-10 |
Who ECO-Bell |
Company |
Contact Info |
Dharma Hall contact Monica |
|
|
Where and what: Some of you may have
heard that 1515 I Street and 1514 J Street are being put on the market.
(attached info via email). Updated 02/17/2005, MGJ: looked at 1515 I
Street property. J Street property was taken off the market. See 2/17/2005: 1515 “I” Street Size: 3,800 sf Price: $499,9900
With $10K cash back if buyer is interested in continuing sustainable urban
intentional community. MGJ: 3 story older home (1990) in residential
area on 8,000sf lot on the Old Village Trail. 5 bedrooms, 3.5 baths.
Remodeled with more to come – new roof. Doesn’t have large enough room to be
used as meditation hall. 2nd floor has 4 bedrooms and 2 baths. 3rd
floor is a large bedroom and bathroom. Garage. Yard is permaculture vegetable
and flower gardens. Eco intentional community. On-street parking only. From Chris Burkhart
re what it would mean to get a conditional use permit for I street: “Both 1514 J Street and 1515 I Street are residential
uses. A church could |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: 1339 St.
Paul Size: 2,068 sf Year Built: 1992 Price: $289,900 Existing house just off Lakeway.
Parking would be a problem. There are many houses like this available, if we determine
that converting an existing residence is the way to go. MGJ:
house in middle of a neighborhood, with small yard and only street parking.
Neighborhood doesn’t seem like a fit for us. On the other hand, it’s closer
to town than a lot of properties we’ve seen. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: 3400 Broad Size: 2,072 sf Year Built: 1898 Price: $324,900 This old house in south Bellingham
comes with an acre of land that could be used for parking. It sounds like the house
needs a little work, but this could be a good spot for you. Large lots within the city are
going fast right now, so if this is of interest, we should take a look soon. MGJ: Couldn’t find the property to look
at it. Monica is checking with Jim Lackey on location. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: 2013 34th Size: 2,078 sf Year Built: 1979 Price: $295,000 This is just off Old Fairhaven
Parkway. Parking would probably be a problem. MGJ: Basically, there is no parking. Also very far out (just
past freeway on Old Fairhaven Pkwy. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: 2130 James StSize: 1,435 sf Year Built: 1906 Price: $224,950 This old house is a bit small, but it
is advertised as having good parking (not sure what that means). MGJ: parking means a couple of spots in
back, tho there is street parking. The house is too small and very
old…renovating it would cost more than it’s worth, we think. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: 1525 Lincoln StSize: 1,500 sf Year Built: 1969 Price: $245,000 This used to be a
day-care. I’m skeptical about parking, but it might be worth a look. MGJ: right under freeway, highway noise
is a factor. House is too small for our needs we think. Parking probably okay
because there is a lot of street parking. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: Ennen’s Corporate OfficeSize: 2,286 sf Price: $12.00/sf/yr + NNN (unknown) =
$2286 a month plus unknown NNN plus utilities This is next to Whatcom Falls Park,
and could potentially be converted from office space to suit your needs. I think the
parking situation would be OK. MGJ:
off street with lots of parking. It looks like there is a central reception
area and then space on 2 floors, with stairs going up from reception area.
Huge windows and good light. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: Hannegan SquareSize: 2,000 sf Price: $0.52 - $0.70/sf/mo +
$1.50/sf/yr NNN There is already a church in this
retail center at the corner of Hannegan and Bakerview, so I know it can be done. MGJ:
Did not go look at on 02/17/05 because it is too far out of town. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: Iowa
Business Center Size: 2,614 sf Price: $11.00/sf/mo + $2.25/sf/yr NNN = $2396.17 a month for lease, plus $490.13 NNN/month = $2886.29 plus utilities This is worth looking at: tons of
parking and an open floor plan. The other church group I am working with wanted this space,
but they didn’t want to apply for a zoning variance, so we moved our search up north into
the county zoning, where churches are allowed outright. MGJ: he’s so right. Lots of space – there are 3 suites for
lease. All have a large open room and small rooms in the back. One (maybe
more) had a kitchen. Lots of parking. Off the street and reasonably quiet.
There’s a small grassy space behind the back building that could be used for
walking meditation. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: Majestic Size: 2,200 or 2,636 sf Price: $12.00/sf/mo + NNN (unknown) This building is a good option too.
It is located downtown so you can take advantage of street parking. The floor plan is
very open. MGJ: the space is right under the dance
floor, so it would be very noisy (tho a lot of fun) most of the times we
would be sitting. Plus, the dance space is rented out for weddings and
parties, so that would affect many weekends. |
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
Dharma Hall contact Monica |
|
|
Where and what: Property beside the Majestic Size: 2,600 to
3,600 sf Price: $2,500 mo. MGJ: When we went to look at the Majestic
the people who run the dance studio offered to show us the property adjacent
to the Majestic that is for rent. Big open main room 45’ X 30”, 2 unfinished
bathrooms, 2 medium size rooms 15’X 30’. No heat in the building but
electrical outlets for electric heat a possibility. Owner will finish
remodeling as leasee desires. |
|||||
|
|
|
|
|
|
|
|
|
|||||
|
When 2-16-05 |
Who Jim Lackey |
Company Saratoga Commercial RE |
Contact Info 510-2353 |
||