120 Smith Rd, Bellingham, WA 98226-7393
This exceptional commercial property, situated at 120 W Smith Road in Bellingham, WA, presents a unique investment opportunity. Boasting a prime location just off Guide Meridian, this 9,867 square foot property sits on 1.88 flat, usable acres zoned Rural General Commercial (RGC), allowing for diverse business applications. The property comprises seven separate spaces, ideal for generating multiple streams of rental income or housing a single large operation. In addition to the substantial indoor space, two fenced yards provide an impressive 36,700 square feet of outdoor area, perfect for storage, equipment, or expansion. The existing barn structure has undergone significant improvements, including reinforced framing and a new roof installed in 2021. This property benefits from its strategic location, offering easy access to Bellingham, Ferndale, and the Canadian border, tapping into a thriving and expanding regional market. The generous zoning and expansive footprint unlock endless possibilities for entrepreneurs and investors alike. The seller is open to considering owner financing options. The property is being sold in its current "as is" condition. This is a rare chance to acquire a substantial commercial property with significant upside potential in a highly desirable location.
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Absolute Supply Inc Big Box & Wholesale Store Building Supply
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RGC · Bellingham, WABellingham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.