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1232 N State Street Bellingham, WA $ 1,886,000
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$ 1,886,000 Get more info
1232 N State Street
$ 1,886,000
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1232 N State Street

Bellingham, WA, 98225
$ 1,886,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,766

Listed by Saratoga Commercial R.E.
1232 N State Street, Bellingham, WA 98225 - Image 1

Commercial Property for sale in Bellingham, WA

for $1,886,000. This building was built in 1894 on a lot size of 0.24.

Prime Downtown Bellingham. 5500 SF fully occupied, 2-tenant building located within the downtown urban village zoning and within a designated Opportunity Zone. Current NOI reflects a 7% CAP.

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Commercial Active

Price

$ 1,886,000

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Und 10K

Lot Size

0.24

Year Built

1894

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2439874
Features
General
Living Area 0
Possession Closing
HOA Fee 0
Year Built 1894
Property Subtype Commercial Industrial
County Whatcom
Net Operating Income 132000
Property Type Commercial Sale
HOA N
Subdivision Name Downtown
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions GPS
City Bellingham
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 2
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 10454
Carport Y/N N
Listing Terms Cash Out Conventional
Public Remarks Prime Downtown Bellingham. 5500 SF fully occupied 2-tenant building located within the downtown urban village zoning and within a designated Opportunity Zone. Current NOI reflects a 7% CAP.
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 11000
Property Style 60 - Comm Bldg Und 10K
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Exterior
Exterior Amenities Brick
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.24
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2439874
Street Number 1 1232
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* Excluded Features
List By
Amia Froese

Listing Agent

Saratoga Commercial R.E.

Broker

Affordability Calculator

$11,766
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,766
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$1,886,000 -3.78% Price Down
9/30/2025$1,960,000 Listed Price

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1232 N State Street, Bellingham, WA, 98225 is a Commercial Property for sale at $1,886,000 with a lot size of 0.24. 1232 N State Street was built in 1894. The property's zip code is 98225 which is in Bellingham, WA

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