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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Turn key restaurants
1301 Maple St, Bellingham, WA 98225-5703
Individually Owned
24-yr Hold
Free & Clear
Property ID
US90-1298237
Property summary
AI-generated overview
This exceptional Bellingham restaurant, located at 1301 E Maple St, offers a unique opportunity. The 4,437 square foot building sits on a 0.62-acre lot (APN 3803314543270000) and boasts a prime location in a rapidly growing area of Bellingham, WA (zip code 98225). The property has been meticulously maintained and family-owned for 36 years, operating as a restaurant for over 48 years. A significant remodel in 1988 created the distinctive dining room, featuring unique architectural details, lighting, and landscaping that continues to attract customers. The exterior has recently been repainted. Currently configured for restaurant use with seating for 141, this stand-alone building offers ample parking and the potential for diverse uses. Its central Bellingham location and long history make this a truly exceptional investment opportunity. The property's charm and established presence provide a strong foundation for continued success. This is a rare chance to acquire a well-maintained, established business in a thriving location.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1975
Total area
4,437 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CT1
APN
380331 454327 0000
UPID
US90-1298237
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
-
Five Columns Greek Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$540k
Owner & transaction history
JAMES DARGEDINI CHRISTOPOULOS
JAMES DARGEDINI CHRISTOPOULOS
Zoning & alternative use
CT1 · Bellingham, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$12,143
Tax year 2021
Assessed value
$1,431,192
Assessed 2022
Previous assessed
$1,431,192
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$724,575
Assessed improvement
$706,617
Land market value
$724,575
Improvement market value
$706,617
Total market value
$1,431,192
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1975
Heating
YES
Cooling
YES
Total area
4,437 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CT1
APN
380331 454327 0000
UPID
US90-1298237
Jurisdiction
WHATCOM
Zoning & alternative use
CT1 · Bellingham, WA
Zoning CT1 · permitted uses
CT1 · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
YES
Cooling
Yes
Lot
0.62 ac
Current owner
From public records · entity-resolved
JAMES DARGEDINI CHRISTOPOULOS
Individual
Free & Clear · 0 yrs held
Mailing address
1301 E MAPLE ST, BELLINGHAM, WA 98225-5703
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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