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    OFF-MARKET
    Retail properties & Spaces

    17 Prospect St, Bellingham, WA 98225

    Property ID
    Property summary
    AI-generated overview

    The iconic Rocket Building at 17 Prospect Street in Bellingham, Washington, presents a unique opportunity for a restaurant or bar. This fully renovated, single-tenant retail space boasts 3,386 square feet spread across three stories in a one-building structure. Located in the heart of downtown Bellingham, this highly visible property offers unparalleled access to the waterfront and significant foot traffic. The building underwent a complete renovation in 2023, encompassing all major systems, including crucial seismic upgrades. A fresh, eye-catching mural now adorns the south side of the building, enhancing its curb appeal. The property also features readily available building fascia signage for optimal branding. Furthermore, the space comes with permit-ready architectural drawings specifically designed for a restaurant or bar, streamlining the permitting process for prospective tenants. The building includes an elevator for convenient access to all three floors. The property's APN is 3803301161930000, and it's situated in Whatcom County, WA, zip code 98225. This is an exceptional opportunity to establish a thriving business in a prime Bellingham location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Permitted uses
    Allowed · conditional · prohibited
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