Property summary
This exceptional 11,000-square-foot storefront at 1413 Railroad Avenue in Bellingham, WA, presents a unique investment opportunity. Originally built in 1908, this historically significant property, formerly Stockton's Paint Store, boasts a prominent location on one of Bellingham's main downtown streets. The two-story building sits on a 5,600-square-foot lot and offers significant potential for redevelopment or continued use as a retail space. The upper level features a substantial residential apartment with four bedrooms, two bathrooms, a large ballroom, a kitchen, living space, and rooftop access. Its central downtown location provides easy access to all amenities and attractions. The asking price is $1,499,000. This property is ideal for investors or developers seeking a high-visibility location with substantial space and versatile options. The building's history and character add to its appeal, making it a rare find in the heart of Bellingham's vibrant downtown. The property is currently owned by Dale Ragan and is offered with a broker co-op agreement. This is a chance to acquire a significant piece of Bellingham's commercial landscape. The property's size and location make it suitable for a variety of uses, from continued retail operation to conversion into multifamily housing.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Building Supply
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
CC · Bellingham, WAZoning
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Zoning designation
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