Entity Owned Property summary
This exceptional Bellingham, WA investment opportunity presents a three-building retail complex at 1051, 1053, and 1055 N. State St., totaling 13,377 square feet on an 8,286 square foot lot (APN 3803301320010000). The property boasts a 7.00% cap rate and a strong pro-forma NOI of $195,942, with an asking price of $2,800,000 ($196/sq ft). Built in 1903, this three-story building (permitted zoning CC) is currently 100% occupied. The diverse tenant mix includes a well-established restaurant… (with equipment and recipes included), a tattoo parlor with rentable professional rooms, and a brewery and tasting room in the basement. Six residential units on the upper floor maintain 0% vacancy. The property benefits from its prime location in a historic, walkable downtown neighborhood with ample street parking nearby. The well-maintained building offers potential for future rent increases, and the south alley portion of the parcel presents additional development possibilities. This turn-key operation presents a rare opportunity to acquire a high-performing, mixed-use property in a thriving Washington State market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 10,875 SF
- Lot area
- 0.19 ac
- Year built
- 1903
- APN
- 380330 132001 0000
- Zoning
- CC
- Assessed value · 2023
- $1,692,343
- Annual tax · 2024
- $13,158
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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