Two-Building Shopping
New
For Sale
$2,950,000
3020 Northwest Ave, Bellingham, WA 98225
Two-building retail property with connected utilities and short-term leases in place.
Property Size32,000 SF
Price / SF$92.19
Days on Market5
Property Features for 3020 Northwest Ave
General Information
Standard status
Active
Size
32,000 SF
Property subtype
Commercial
Occupancy
50%
Property Condition
Severity
Repairs Needed
Evidence
Extensive deferred maintenance
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1971
Buildings
2
Listing Agency:
Gage CRE
Listed By:
Gregory Martineau
(360) 483-0508
Source:
Pugetsoundpropertyguide
Added: Sep 7
Changed: Sep 10
Last Checked: Sep 10 at 2:54PM
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 Gage CRE
Investment Insights
Based on property information with market context.
This shopping center includes approximately 32,000 SF across two buildings, with utilities connected to the property. Built in 1971, the improvements have extensive deferred maintenance and are being offered in as-is, where-is condition. Approximately 50% of the property is occupied under short-term leases, with existing income in place.
Positioned along Northwest Ave in Bellingham, the site offers flexibility for continued use of one or both buildings or redevelopment of all or part of the property. The existing configuration and partial occupancy provide a basis for evaluating multiple physical and operational approaches.
Positioned along Northwest Ave in Bellingham, the site offers flexibility for continued use of one or both buildings or redevelopment of all or part of the property. The existing configuration and partial occupancy provide a basis for evaluating multiple physical and operational approaches.
Key Highlights
- Approximately 32,000 SF across two buildings
- Approximately 50% occupied with short‑term leases and existing income
- Utilities connected to the property
Property Analytics
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Current Use
Lease Details
50%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Shops & Services 32%
Dining 11%
Haggen
Groceries
26,143 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,021 visits/mo
0.3 miles
Shell
Shops & Services
6,972 visits/mo
0.3 miles
Little Caesars Pizza
Dining
4,181 visits/mo
0.3 miles
SUBWAY
Dining
1,050 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Park Manor Shopping Center — 1538 Birchwood Ave, Bellingham, WA 98226
Frequently Asked Questions
What type of property is this?
Shopping center - Two-building retail property with connected utilities and short-term leases in place.
Where is this shopping center located?
The property is located at 3020 Northwest Ave Bellingham, WA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Approximately 32,000 SF across two buildings; Approximately 50% occupied with short‑term leases and existing income; Utilities connected to the property
