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    206 E Magnolia St Bellingham, WA 98225

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    For Lease
    $900,000

    Redevelopment or retail opportunity in the heart of Bellingham.

    Property size:
    3,250 SF
    Lot size:
    0.13 Acres

    Property Features for 206 E Magnolia St

    General Information

    Size
    3,250 SF
    Lot size
    0.13 Acres

    Source: Windermere - Whatcom Co. Agent Robert Sandoz

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

    Overview

    Prime Downtown Bellingham Retail Opportunity

    Located in downtown Bellingham, this property features 110 feet of frontage on E. Magnolia Avenue. The site presents an opportunity for redevelopment or a Class A retail location. The current business, Vienna Cleaners, is closing due to the owners' retirement, creating an opening for a retail business or redevelopment of the land parcel adjacent to Railroad Avenue. The property, totaling 3,250 square feet, is available for short-term rental and is also listed for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northwest Yarns & Mercantile Yarn Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.479016
    Latitude
    48.75172

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    FAQs

    What type of property is this?
    Retail space - Redevelopment or retail opportunity in the heart of Bellingham.
    Where is this retail space located?
    The property is located at 206 E Magnolia St Bellingham, WA.
    What are key features of this property?
    This property features: - Prime downtown Bellingham location with **110' frontage on E. Magnolia Avenue**.; - Extremely attractive redevelopment site.; - Opportunity for a **Class A retail location**.
    (425) 466-6705
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    206 E Magnolia 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
    206 E Magnolia St Bellingham, WA 98225
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