1232 N State Street Bellingham, WA 98225
10,454 Sq. Ft., 0.24 acres lot size / Industrial
Status: Active
Listing Courtesy of: Amia Froese - Saratoga Commercial R.E. +1 360 676 4866
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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.
property details
Type
Industrial
Status
Active
County
Whatcom
Year Built
1894
Lot Size
10,454 Sq. Ft., 0.2 acres
Listing Id
2523536
Courtesy Of
Amia Froese - Saratoga Commercial R.E. +1 360 676 4866
List Office Phone
+1 360 676 4866
Subdivision
Downtown
Interior Features
Flooring
Concrete
Utility & Building Info
Parcel Number
3803302150550000
Heating
Gas Heat
Wood
None
Wood
None
Architectural Style
Other
Based on information submitted to the MLS GRID as of 6/4/2026 12:00:00 AM (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID
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Price History
| date | event | price | source |
|---|---|---|---|
|
05/14/2026
05/14/2026
|
Active |
$1,650,000
|
NWMLS - Northwest MLS - Seattle |
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Market Trends
Source: Constellation1
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