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1232 N State Street Bellingham, WA $ 1,650,000
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1232 N State Street
$ 1,650,000
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1232 N State Street

Bellingham, WA, 98225
$ 1,650,000
Bedrooms-- Baths--

Monthly Estimate*

$ 10,159

Listed by Saratoga Commercial R.E.
1232 N State Street, Bellingham, WA 98225 - Image 1
1232 N State Street, Bellingham, WA 98225 - Image 2
1232 N State Street, Bellingham, WA 98225 - Image 3
1232 N State Street, Bellingham, WA 98225 - Image 4
1232 N State Street, Bellingham, WA 98225 - Image 5
1232 N State Street, Bellingham, WA 98225 - Image 6
1232 N State Street, Bellingham, WA 98225 - Image 7
1232 N State Street, Bellingham, WA 98225 - Image 8
1232 N State Street, Bellingham, WA 98225 - Image 9
1232 N State Street, Bellingham, WA 98225 - Image 10
1232 N State Street, Bellingham, WA 98225 - Image 11
1232 N State Street, Bellingham, WA 98225 - Image 12
1232 N State Street, Bellingham, WA 98225 - Image 13

Commercial Property for sale in Bellingham, WA

for $1,650,000. This building was built in 1894 on a lot size of 0.24.

Prime Downtown Bellingham Investment and Future Development Opportunity LAG # Rare offering in the heart of downtown Bellingham. 5,500 SF fully occupied, 2-tenant building located within the downtown urban village zoning and within a designated Opportunity Zone. Current NOI reflects an 8% CAP. Anchor tenants IKI Izakaya Bar and Accomplice are part of the strongest retail block of Bellingham! Other businesses include Old World Deli, The Racket, GreenHouse, Buffalo Exchange, Makeworth Coffee, Pedino, Bry’s Kitchen and Rock & Rye.

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Commercial Active

Price

$ 1,650,000

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

2523536
Features
General
Living Area 0
Possession Closing
Roof Torch Down
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
Building Features Sprinklered
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 Conventional
Public Remarks Prime Downtown Bellingham Investment and Future Development Opportunity LAG # Rare offering in the heart of downtown Bellingham. 5 500 SF fully occupied 2-tenant building located within the downtow
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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Interior
Flooring Concrete
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Power Production Type Natural Gas Wood
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
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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Internal Only
OriginalMLSID NWM2523536
Street Number 1 1232
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* Excluded Features
List By
Amia Froese

Listing Agent

Saratoga Commercial R.E.

Broker

Affordability Calculator

$10,159
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/15/2026$1,650,000 Listed Price

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1232 N State Street, Bellingham, WA, 98225 is a Commercial Property for sale at $1,650,000 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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