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North Bend Retail Investment Opportunity
For Sale
$1,250,000
Pending

111 North Bend Way, North Bend, WA 98045

Retail center in North Bend, WA, with high visibility.

Property SizeContact for details
Days on Market450

Property Features for 111 North Bend Way

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1929
Listing Agency: MARCUS & MILLICHAP, INC.
Listed By: CLAYTON BROWN
Source: Corcoran
Added: May 29, 2025 Changed: Jul 6 Last Checked: Jul 23 at 7:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP, INC.

Investment Insights

Based on property information with market context.

Located in North Bend, Washington, the North Bend Retail Center presents an investment opportunity. The property, situated along E North Bend Way, benefits from visibility and accessibility. The 4,574 square foot property is fully leased to three tenants under NNN lease structures. The leases are short-term, providing flexibility for future repositioning, leasing at market rents, or potential owner-user occupancy. The asset is located near tourist destinations and benefits from foot traffic driven by year-round tourism.

Key Highlights

  • Fully leased 4,574 SF retail center in North Bend, WA.
  • Excellent visibility and easy access on E North Bend Way.
  • Strategically positioned near premier Washington tourist destinations.

Property Analytics

Current Use

Cascadia Spas & Stoves Hardware & Home Improvement Primelending Loan Service R&D Tactical Industrial Manufacturer North Bend Trading ... (Bike/Boat/Book/etc) Store Friends & Co Ice ... Grocery & Convenience Store

Suggested Use

Top Pick Hair Salon Storage Facility Furniture & Home Goods Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby
273k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Apparel 25% Groceries 24% Shops & Services 17%
McDonald's Dining
48,834 visits/mo 0.5 miles
Safeway Groceries
41,652 visits/mo 0.5 miles
QFC Groceries
24,002 visits/mo 0.3 miles
Burger King Dining
19,752 visits/mo 0.4 miles
Nike Factory Store Apparel
17,678 visits/mo 0.5 miles

Demographics for 98045, WA

15,749
Population
5,871
Households
2.7
Avg Household Size
41
Median Age
52%
College-Educated
96%
High-School Grad
172.3 sq mi
ZIP Area
91
Density / Sq Mi
$161,897
Median Household Income
$75,450
Median Earnings
$2,153
Median Rent
$845,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center in North Bend, WA, with high visibility.
Where is this shopping center located?
The property is located at 111 North Bend Way North Bend, WA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Fully leased 4,574 SF retail center in North Bend, WA.; Excellent visibility and easy access on E North Bend Way.; Strategically positioned near premier Washington tourist destinations.
More about this property
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