117 115 W Magnolia St Unit #5 Bellingham, WA 98225
- Retail properties
- 0.19 lot acres
Current Use by Public Records
- Retail properties
Property Details for 117 115 W Magnolia St Unit #5
- Year built
- 1912
- Lot size
- 0.19 lot acres
- Property type
- Retail properties
Description
This exceptional commercial property, located at 117-115 W Magnolia Street, Units #5 & #6 in Bellingham, WA 98225, presents a unique investment opportunity. The 0.19-acre lot features a 1912-built building currently housing a well-established restaurant with a full buildout, including a large hood system, walk-in cooler, and tiled floors. All necessary restaurant equipment is included, making this a true turnkey operation. The property is zoned for Business and Commercial use, offering flexibility for future endeavors. The building sits on a post and pillar foundation and has a Whatcom County Tax ID of 3803301811760000. The asking price is $1,200,000. This established business, operating for 18 years, offers immediate revenue potential and a strong foundation for continued success in Bellingham's vibrant downtown core. The property's location on Magnolia Street ensures high visibility and foot traffic. The listing expires December 30, 2024. This is an exceptional chance to acquire a profitable, established business in a prime location. The effective year built, according to public records, is 1975. The lot size, according to Realist, is 8,276 square feet. There is no on-site parking.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.479
- Latitude
- 48.7511