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    Property profile & analytics

    1322 State St Bellingham, WA 98225-4715

    • Bars
    • 7,220 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Dec 16, 2022
    Location Intelligence
    Property ID
    US90-0953571
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Aslan Depot: Barrels & Blending / Bar / Brewery

    Property Details for 1322 State St

    Year built
    1916
    Lot size
    0.36 lot acres
    Property size
    7,220 SF
    Zone code
    CC
    Property type
    Bars
    Property subtype
    Pubs
    APN
    380330 256097 0000
    APU
    3803302560970000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.476
    Latitude
    48.7489
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,821
    $272,600
    $861,883
    $1,134,483
    -
    $851,875
    $861,883
    $1,713,758

    Comparable in this City

    • Value Estimation
      $365,000
      2,750 SF

      115 Holly St

      BAR, TAVERN • 2,750 SF
      115 Holly St, Bellingham, WA 98225-4718
      View Details
    • Value Estimation
      $415,000
      3,450 SF

      1926 Humboldt St

      BAR, TAVERN • 3,450 SF
      1926 Humboldt St, Bellingham, WA 98225-4205
      View Details
    • Value Estimation
      $430,000
      5,500 SF

      206 Holly St

      BAR, TAVERN • 5,500 SF
      206 Holly St, Bellingham, WA 98225
      View Details
    • Value Estimation
      $555,000
      1,605 SF

      307 Holly St

      BAR, TAVERN • 1,605 SF
      307 Holly St, Bellingham, WA 98225-4313
      View Details
    • Value Estimation
      $1,730,000
      5,130 SF

      1119 Railroad Ave

      BAR, TAVERN • 5,130 SF
      1119 Railroad Ave, Bellingham, WA 98225-5007
      View Details
    • Value Estimation by Request
      0.07 Acres

      Cornwall Ave

      BAR, TAVERN • 0.07 Acres
      Cornwall Ave, Bellingham, WA 98225
      View Details

    Similar Nearby for Sale

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      Brewery Landmark Location For Sale

      Landmark brewery property with beer garden and expansion potential.
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      Downtown Bellingham Retail Gem

      Iconic 1925 building, 15,500 SF, owner-user opportunity.
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    • $3,950,000
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      Historic Fairhaven Retail Condos For Sale

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    Similar Nearby for Lease

    • $1,350,000
      5,013 SF

      Bellingham Commercial Kitchen Opportunity

      Commercial kitchen space for lease in historic downtown Bellingham.
      1313 N State St, Bellingham, WA 98225
      View Details
    • $25 SF/Yr
      2,000 SF

      Iconic Rocket Building Retail Space

      Highly visible, remodeled retail space in downtown Bellingham near waterfront.
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      View Details
    • $26 SF/Yr
      5,000 SF

      Fairhaven Retail/Restaurant Space Available

      Street retail space in historic Fairhaven, currently a restaurant.
      1100 Harris Ave, Bellingham, WA 98225
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    • $16 SF/Yr
      20,120 SF

      Downtown Bellingham Restaurant Space

      High-traffic, renovated restaurant space.
      1414 Cornwall Ave, Bellingham, WA 98225
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    • $16 SF/Yr
      2,013 SF

      Retail Space in Bellingham, WA

      Retail space available for lease in Bellingham, Washington.
      1701 N State St, Bellingham, WA 98225
      View Details
    • $28 SF/Yr
      2,467 SF

      Retail Space in Fairhaven Plaza

      Retail space available in a busy plaza near I-5.
      3105-3129 Old Fairhaven Pkwy, Bellingham, WA 98225
      View Details
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    1322 State St
    Bellingham, WA 98225-4715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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