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    13 Prospect St Bellingham, WA 98225

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    For Lease
    $25 SF/Yr ($4,166 /Mo)

    Highly visible, remodeled retail space in downtown Bellingham near waterfront.

    Property size:
    2,000 SF
    Lot size:
    0.15 Acres

    Property Features for 13 Prospect St

    General Information

    Size
    2,000 SF
    Lot size
    0.15 Acres

    Source: Gage Commercial Real Estate LLC Agent Greg Martineau,CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Rocket Building Retail Space

    Located in the iconic Rocket Building in downtown Bellingham, this retail space offers high visibility and close proximity to the waterfront. The building has been fully remodeled throughout, with upgrades to all major systems, including seismic improvements. A new painted mural adorns the south side of the building. Building fascia signage is available. The space includes permit-ready drawings for a restaurant or bar. The property size is 2000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lydia Place, Rocket ... Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.481377
    Latitude
    48.751551

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    FAQs

    What type of property is this?
    Retail space - Highly visible, remodeled retail space in downtown Bellingham near waterfront.
    Where is this retail space located?
    The property is located at 13 Prospect St Bellingham, WA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Permit-ready drawings for restaurant/bar use.; - Highly visible retail location in the iconic Rocket Building.; - Fully remodeled throughout.
    (360) 820-4645
    Request Owner's contact information
    13 Prospect St Bellingham, WA 98225
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    Bellingham, WA 98225
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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
    13 Prospect St Bellingham, WA 98225
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