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Bellingham Restaurant Opportunity For Lease
For Lease
$15 SF/Yr NNN

1650 W Bakerview Rd, Bellingham, WA 98226

Premium Bellingham High Traffic Restaurant

Space Size4,960 SF
Days on Market275

Property Features for 1650 W Bakerview Rd

General Information

Standard status Active
Property type Restaurants, Retail properties & Spaces
Size 4,960 SF
Total Parking Spaces 66
Lease Type NNN
Lease Term Flexible
Rate Type Yearly

Building Details

Year Built 1999
Buildings 1
Stories 1
Listing Agency: Windermere Real Estate Co.
Listed By: Leah Hill
Added: Dec 9, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This standalone restaurant space, formerly Mykonos Greek, is located adjacent to Bellingham International Airport. The venue features two outdoor patios. The restaurant has a seating capacity of approximately 125, complemented by a bar area that comfortably accommodates up to 89 guests. This versatile design makes it an ideal destination for dining, private events, and celebrations of all kinds. Ample parking ensures convenience for guests. The property is located at 1650 W Bakerview Rd, Bellingham, WA 98226. The property size is 4960 square feet.

Property Analytics

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Current Use

Restaurants

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Spa & Massage Center Bakery (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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,198
Businesses Nearby
723k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 32% Dining 18% Superstores 17% Shops & Services 13%
Target Superstores
120,635 visits/mo 0.3 miles
WinCo Foods Groceries
82,602 visits/mo 0.4 miles
T.J. Maxx Apparel
36,818 visits/mo 0.4 miles
McDonald's Dining
33,363 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
32,447 visits/mo 0.4 miles

Demographics for 98226, WA

47,011
Population
20,609
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
105.8 sq mi
ZIP Area
444
Density / Sq Mi
$79,684
Median Household Income
$45,337
Median Earnings
$1,557
Median Rent
$568,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Gandolfo's New York Deli 107 E Stuart Rd, Bellingham, WA 98226

Frequently Asked Questions

What type of property is this?
Restaurant - Premium Bellingham High Traffic Restaurant
Where is this restaurant located?
The property is located at 1650 W Bakerview Rd Bellingham, WA.
What is the lease rate?
The lease rate is $15 SF/Yr.
More about this property
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