1232 N State Street, Bellingham, WA 98225

Commercial Property
Built in 1894
10,454sqft lot
—— car garage
$——/sqft
Listed 7 days ago

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.

Listing Status:: Active
Data Last Updated:: May 21, 2026 at 4:20AM
Listing Office:: Saratoga Commercial R.E. : 360-676-4866
Listing Agent:: Amia Froese : 360-676-4866
MLS ID:: 2523536

Flooring: Concrete
A/C: None
Heating: None
Fireplace: Fireplaces: 0

Parking: Parking spaces: 0

Roofing: Torch Down
General: 60 - Comm Bldg Und 10KPoured Concrete

HOA Amenities: 0.0
Originating MLS: nwmls
County: Whatcom

Zoning: 3803302150550000

Source: nwmls

This listing courtesy of Amia Froese , Saratoga Commercial R.E.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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