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Property profile

1025 Granary Ave Bellingham, WA 98225

OFF-MARKET
Retail properties & Spaces
Built 2024
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Property summary

AI-generated overview

This exceptional Class A waterfront retail condominium complex in Whatcom County offers four available spaces ranging from 1,081 to 3,340 square feet. Located in the heart of Bellingham's vibrant waterfront district, just steps from downtown, this property enjoys unparalleled visibility and high foot traffic due to its location beneath 103 luxury waterfront condominiums. Built in 2024, the single-story building features modern concrete, steel, and glass construction, adhering to LEED standards for energy efficiency and sustainability. The presence of an elevator adds to the convenience of this multiple-tenancy property. This dynamic location places your business at the center of a lively community, benefiting from the foot traffic generated by local events, races, concerts, and other festivities. The property offers flexible lease terms, making it an ideal opportunity for businesses seeking a prime location in Bellingham's most desirable waterfront area, a hub for commerce, residents, and recreation. This is a rare chance to establish your business in a thriving, high-traffic location with exceptional visibility and modern amenities.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1025 Granary Ave Bellingham, WA 98225
Bellingham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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