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    High-Traffic Retail Property For Sale Title is generated by Realmo AI

    1300 Ellis St, Bellingham, WA

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    Retail property with high visibility in a college-driven district.

    Type:RETAIL
    Property size:
    3,600 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $166/SF
    Added:
    Nov 4, 2025
    Days on Market:
    218
    Last Refresh:
    May 20 at 9:10 pm

    Property Features for 1300 Ellis St

    General Information

    Standard status
    Active
    Size
    3,600 SF
    Lot size
    0.07 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 1300 Ellis St Contact us

    We can help!

    Listing Contact
    Troy Muljat, CCIM

    Listing agent Troy Muljat, CCIM

    Listing office The Muljat Group Inc.

    Listing date Nov 4, 2025

    Source Moodyscre

    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 The Muljat Group Inc.

    HighLights

    • High‑traffic location at the intersection of Lakeway Drive and Ellis Street.
    • Flexible zoning.
    • Exceptional exposure in a vibrant, college‑driven district.
    • Off‑street parking.
    • Lower‑level basement for storage or workspace.
    • Consistent vehicle and foot traffic.

    Overview

    Located at the intersection of Lakeway Drive and Ellis Street, this property benefits from high traffic and is situated in a vibrant, college-driven district. The property offers flexible zoning and off-street parking. It draws consistent vehicle and foot traffic. The lower-level basement provides additional storage or workspace, complementing the main floor. This property is suitable for an owner-user or investor seeking a high-profile presence in an active corridor of Bellingham. The property size is 3,600 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $64.8k $18.00
    − Vacancy −$3.4k −$0.95
    EGI $61.4k $17.05
    − OpEx −$18.4k −$5.11
    NOI $43.0k $11.93
    3,600 SF · lease $18.00/SF/yr · vacancy 5.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $613.7K
    $537.0K – $715.9K (±1% cap)
    NOI $42,956 @ 7.0% cap · market cap 7.16%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $849.3K
    $743.1K – $990.8K (±1% cap)
    NOI $59,449 @ 7.0% cap · market cap 9.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Super Supplements (Bike/Boat/Book/etc) Store The Vitamin Shoppe (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    • All About Flowers — 104 Ohio St, Bellingham, WA 98225
    • A New Leaf Flower Shoppe — 1327 Cornwall Ave, Bellingham, WA 98225
    • Johnson's Flower Shop — 104 Ohio St, Bellingham, WA 98225
    • Johnson's Flower Shop — 121 W Magnolia St, Bellingham, WA 98225

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.471
    Latitude
    48.7459

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    FAQs

    What type of property is this?
    Storefront property - Retail property with high visibility in a college-driven district.
    Where is this storefront property located?
    The property is located at 1300 Ellis St Bellingham, WA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: High‑traffic location at the intersection of Lakeway Drive and Ellis Street.; Flexible zoning.; Exceptional exposure in a vibrant, college‑driven district.
    (360) 820-2000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Troy Muljat, CCIM
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