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    120 Smith Rd Bellingham, WA 98226

    Sponsored
    For Sale
    $849,950

    Multi-use commercial property, 9,867 sq ft, 1.88 acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, situated at 120 W Smith Road in Bellingham, WA, presents a unique investment opportunity. Boasting a prime location just off Guide Meridian, this 9,867 square foot property sits on 1.88 flat, usable acres zoned Rural General Commercial (RGC), allowing for diverse business applications. The property comprises seven separate spaces, ideal for generating multiple streams of rental income or housing a single large operation. In addition to the substantial indoor space, two fenced yards provide an impressive 36,700 square feet of outdoor area, perfect for storage, equipment, or expansion. The existing barn structure has undergone significant improvements, including reinforced framing and a new roof installed in 2021. This property benefits from its strategic location, offering easy access to Bellingham, Ferndale, and the Canadian border, tapping into a thriving and expanding regional market. The generous zoning and expansive footprint unlock endless possibilities for entrepreneurs and investors alike. The seller is open to considering owner financing options. The property is being sold in its current "as is" condition. This is a rare chance to acquire a substantial commercial property with significant upside potential in a highly desirable location.

    Property Features for 120 Smith Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    81,893 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Absolute Supply Inc Building Materials Market

    Suggested Use

    Restaurant Building Supply Wholesale Shop Gym & Fitness Auto Parts Store Kitchen & Bath Auto Repair Shop Grocery Store Bar & Pub Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.4868
    Latitude
    48.83413

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    FAQs

    What type of property is this?
    Commercial real estate - Multi-use commercial property, 9,867 sq ft, 1.88 acres
    Where is this commercial real estate located?
    The property is located at 120 Smith Rd Bellingham, WA.
    What is the asking price?
    The asking price for this property is $849,950.
    (425) 243-9000
    Request Owner's contact information
    120 Smith Rd Bellingham, WA 98226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Smith Rd Bellingham, WA 98226
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