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Waterview Retail Space
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1211 Granary Ave, Bellingham, WA 98225

Two remaining retail spaces at The Granary, positioned by Bellingham Bay and Waypoint Park Beach.

Property Size1,600 SF - 3,500 SF
Days on Market2336

Property Features for 1211 Granary Ave

General Information

Standard status Active
Size 1,600 SF - 3,500 SF
Net Rentable 1,600 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Available Space 1,600-3,500 SF

Building Details

Tenancy Multi
Listing Agency: Realogics Sotheby's International Realty Bellevue
Listed By: Chris Erdmann
Source: Moodyscre
Added: Mar 11, 2020 Changed: Jul 29 Last Checked: Aug 1 at 11:13AM

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 Realogics Sotheby's International Realty Bellevue

Investment Insights

Based on property information with market context.

Available for lease at The Granary, a Class A waterfront mixed-use landmark on Bellingham Bay, this retail offering is located next to Waypoint Park Beach and just steps from downtown. The spaces retain historic character while benefiting from refined renovation.

Two spaces remain. One space offers approximately 1,600+ SF of waterview retail area. A second space offers approximately 3,500+/- SF of waterview alfresco with an outdoor area. Leasing is presented on an NNN basis.

The Granary is positioned alongside an established mix of tenants, with current businesses including an Italian cafe/market/coffee shop, rolled ice cream, bookbinding & letterpress, a watersports retailer, yoga, a salon, physio, health-related services, supply chain services, real estate, and more, supporting a retail-ready, pedestrian-focused waterfront environment.

Key Highlights

  • Two spaces remaining at The Granary waterfront mixed‑use landmark
  • Waterview retail space with approx. 1,600+ SF
  • Waterview alfresco space with approx. 3,500+/- SF and outdoor area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Pharmacy Auto Parts Store HVAC Service Grocery & Convenience 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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,386
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 79% Dining 7% Home Improvements & Furnishings 7% Apparel 6%
Dollar Tree Shops & Services
10,253 visits/mo 0.4 miles
U.S. Bank Shops & Services
6,011 visits/mo 0.2 miles
Chevron Shops & Services
4,248 visits/mo 0.3 miles
Chase Bank Shops & Services
4,015 visits/mo 0.3 miles
Peoples Bank Shops & Services
3,812 visits/mo 0.2 miles

Demographics for 98225, WA

49,078
Population
24,202
Households
2
Avg Household Size
31
Median Age
48%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
3,895
Density / Sq Mi
$62,220
Median Household Income
$33,122
Median Earnings
$1,430
Median Rent
$588,800
Median Home Value

Market

Lease Benchmarks for Bellingham, WA

$17.43 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
2,550 SF
Avg Space Size

This space is priced 61% above the average of $17.43 /SF/Yr.

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?
Retail space - Two remaining retail spaces at The Granary, positioned by Bellingham Bay and Waypoint Park Beach.
Where is this retail space located?
The property is located at 1211 Granary Ave Bellingham, WA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Two spaces remaining at The Granary waterfront mixed‑use landmark; Waterview retail space with approx. 1,600+ SF; Waterview alfresco space with approx. 3,500+/- SF and outdoor area
(360) 739-4236 Call to check price and availability
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