1232 N State ST, Bellingham, WA 98225
Listed by:Saratoga Commercial R.E. • Amia Froese
Bought with: Muljat Group

$1,475,000

$1,650,000

10.6%
Est.Price: ?

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Est. payment /mo

10,454 Sqft Lot


SOLD DATE : 08/21/2026

Key Details

Sold Price $1,475,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2523536

Sold Date 08/21/26

Style 60 - Comm Bldg Und 10K

Year Built 1894

Lot Size 10,454 Sqft

Property Sub-Type Commercial Industrial

Property Description

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.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Concrete

Fireplace false

Exterior

Roof Type Torch Down

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Northwest MLS (NWMLS)

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