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    107 Magnolia St Bellingham, WA 98225

    Sponsored
    For Lease
    $22 SF/Yr ($10,083 /Mo)

    Prime Retail/Office Space Available Now

    Lot size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,757 square foot retail/office space, located in the heart of Downtown Bellingham's vibrant Commercial Street corridor, presents a unique opportunity for a discerning business. Situated in a single-story, 5,500 square foot building constructed in 1917, this space boasts a recently remodeled, turnkey interior. The property features a large, open floor plan ideal for a variety of uses, enhanced by a striking, expansive glass storefront ensuring maximum visibility and attracting significant foot traffic. Two ADA-compliant bathrooms add to the convenience and accessibility. The building's location is highly advantageous, positioned directly next to the Commercial Street Parking Garage, ensuring ample parking for customers and employees. Its proximity to established businesses like Beck's Shoes and Taco Lobo further enhances its appeal and contributes to a thriving commercial environment. The space is immediately available, offering a seamless transition for a new tenant. This is a rare chance to secure a well-established, high-traffic retail location in one of Bellingham's most desirable areas. The building consists of two suites in total, within Whatcom County's Downtown Bellingham submarket. The space is perfect for a business seeking high visibility and a strong presence in a bustling downtown setting. Available January 1st.

    Property Features for 107 Magnolia St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,500 SF
    Total Rate
    10083.33

    Building Details

    Year Built
    1917
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 107
    Size
    1,757 SF
    Rate per SF
    $22

    HighLights

    • Downtown Bellingham retail/office space, 5,500 total square feet, 1 story building.
    • 1,757 square feet of vacant space available January 1st.
    • Two suites total, currently multi‑tenant.
    • Located in the heart of Downtown Bellingham, Whatcom County, with high foot traffic and great visibility.
    • Recently remodeled, turnkey condition, includes two ADA‑compliant restrooms.
    • Adjacent to Commercial Street Parking Garage, Beck's Shoes, and Taco Lobo.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.4783468
    Latitude
    48.7509299

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    FAQs

    What type of property is this?
    Office space - Prime Retail/Office Space Available Now
    Where is this office space located?
    The property is located at 107 Magnolia St Bellingham, WA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Downtown Bellingham retail/office space, 5,500 total square feet, 1 story building.; 1,757 square feet of vacant space available January 1st.; Two suites total, currently multi-tenant.
    Request Owner's contact information
    107 Magnolia St 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
    107 Magnolia St Bellingham, WA 98225
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