Bellingham, WA Retail Property For Sale

Rare Live/Work Condo centrally located in Downtown Bellingham. Ground-floor commercial space (currently operated as sewing business) easily accessible with excellent visibility. Unique isn't descriptive enough for the upstairs apartment space: large 1 bed , 1 bath, with Library and Office. Fully custom-designed and built by the Seller's, with impressive craftsmanship throughout. Heavily insulated, two sets of double pane windows on street side, skylights and beautiful wood built-ins throughout. Additional Storage: The property also features a downstairs bike garage, and a mezzanine level with 5-foot-ceiling-height (in between the upstairs and downstairs).

Foundation Group is pleased to present for exclusive sale, the Pacific Building, a mixed-use apartment and retail property in Bellingham, WA. The building is a charming turn-of-the-century structure located in the core of Bellingham surrounded by walkable amenities, retail, and transportation.

The Pacific Building is perfect for a value-add investor or local owner-user looking to adapt to the expansive storefront retail space. An attractive in-place cap rate of 6.4% gives a potential buyer the flexibility to get conventional debt or a construction loan to maximize upside for the commercial and apartment units.

The Pacific Building has nine apartment units of which eight are studios ranging in size and one 1Bedroom/1.25Bath. The studio apartments have efficient layouts and are adorned with charming millwork, built-ins, tall closets, and high ceilings. The commercial tenants are leased to BAAY (Bellingham Arts Academy for Youth) occupying the street level retail of 6,050SqFt plus a mezzanine (roughly 4,000SqFt) and an alley access office that is currently leased to Alexei Ford Design Build (6,000SqFt of finished office space and partially finished workshop and storage). Presently, the retail spaces are leased for roughly $4 and $6/SqFt/year which provides a new investor significant upside in a retail market which commands $18-$25/SqFt + NNN's.

The architectural-award-winning Acme Building draws its inspiration from the Art Deco style popularized in the 1920’s. Situated on a corner lot, the design intent of this 8,872 SF building was to be unique but respectful of its prominent neighbors using time-honored design elements such as articulated stone and masonry, tall retail spaces at street level, deep set windows, cornice detailing, and an overall harmony of scale.

Originally designed for Fat Pie Pizza Restaurant & Rocket Donuts, it is now home to Acme Valley Ice Cream. Building features rooftop deck(s) with views of Bellingham Bay, full Commercial Kitchen, Freezers, Pizza Oven, 4 Hoods with Fire Suppression, and Elevators.

Prime Bellingham real estate located in the heart of Downtown, you will find this iconic building, formerly known as the Sportsman's Chalet. Tons of natural light, vaulted ceilings, exposed brick, and hard wood floors; this building offers exceptional Bellingham charm. With 14,500sf of space, this is a notable opportunity to own commercial real estate in one of Bellingham's most highly trafficked areas.

Ideal location in historic Fairhaven. 907-911 Harris contains two buildings. 909 Building originally constructed in 1902 as the "Bellingham Bay Hotel", the building has a rich history and impressive brick architecture representative of olden days. Upon extensive remodel of 909 in 2002, the 907 building was constructed utilizing the same historic and impressive architecture. Advantageous multi-tenant mix (3 ground-floor retail + 16 offices upstairs). Extremely well-maintained property with more recent building improvements (2016) including updated heating & energy: solar panels (on roof) to offset electrical bills and two zones of heating and cooling upstairs. Ideal income property with low rents and room for growth. 100% Occupancy.

OPPORTUNITY ZONE Beautiful downtown Bellingham class "A" building. Million dollar upgrade/remodel in 2015. 4800 sqft up plus 4800 sqft built out lower level. Lots of power. Could be fully operational as a bank (with drive thru), insurance agency, or general office is less than a month. Zoning allows adding onto or up. No setbacks, parking or height restrictions. 16 on site parking spaces. Price far below replacement now with fantastic potential for additional development. This is an exceptional building for an investment or user. Four major banks within one block. Only building available with fully functional drive through.