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Property profile & analytics
OFF-MARKET Estimated value $500,000
Drug stores

1115 Harris Ave Bellingham, WA 98225-7036

1,250 SF 0.12 ac lot Built 1929
Entity Owned 1-yr Hold Free & Clear
Property ID
US90-1319557
Property summary
AI-generated overview

This exceptional lease opportunity presents a 2,500-square-foot building ideally situated at 1115 Harris Ave in Bellingham, Washington's vibrant Fairhaven district. Built in 1929, this single-tenant property offers a unique blend of traditional and creative office space, perfect for a variety of businesses. The building's total square footage is 2,500 square feet, currently entirely vacant and ready for immediate occupancy. The property is classified as both retail and office space, providing flexibility for diverse business needs. Located in Whatcom County, the building sits on a 5,014-square-foot lot, offering excellent visibility and accessibility. Its historical charm and open layout provide a blank canvas for customization, allowing businesses to create a space that perfectly reflects their brand. The address, 1115 Harris Ave, Bellingham, WA 98225, ensures high foot traffic and prominent exposure within the bustling Fairhaven community. This is a rare chance to establish a presence in a landmark building with significant character and potential. The property's versatility makes it suitable for a range of uses, from traditional office setups to more creative and innovative businesses. Don't miss this opportunity to secure a prime location in one of Bellingham's most desirable neighborhoods.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1929
Total area 1,250 SF
Lot 0.12 ac (5,014 SF)
Zoning code CC
APN 370201 134107 0000
UPID US90-1319557
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
Current use
Occupant on record · Public records
  • Scott Ward Art Artist Art Gallery
  • USPS Drop Box Post Office
  • Current & Furbish Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$484k
Blend (final) Blend
$500k
Owner & transaction history
1115 Harris Lot 4 LLC · 1 yrs held
1115 Harris Lot 4 LLC
since 2025
Last sale
$500,000
3 recorded transactions
2025
$500,000
2015
$650,000
2002
$261,765
Zoning & alternative use
CC · Bellingham, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $430,000 +17.1%
Medical building $390,000 +5.7%
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