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Financial
Distress signals
Property profile

2530 Northshore Rd Bellingham, WA 98226

OFF-MARKET
Turn key restaurants
Property ID
US90-3124032
2,400 SF 0.18 ac lot Built 1946
Last sale Jun 2018 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Fork at Agate Bay is a 2,400-square-foot conventional restaurant in a waterfront setting. The property building was constructed in 1946 and is identified with residential zoning. Located at 2530 Northshore Road in Bellingham, Washington, the site includes 25 or more parking spaces. The restaurant space is configured to support food service operations in a coastal waterfront environment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$5k
Tax billed · 2021
Assessed value · 2022$567k
Assessed land$171k
Assessed improvement$397k
Effective rate0.81%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$392/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$222 – $626
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RR1
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency8.1
Computer & Electronic Repair7.8
Veterinary Clinic7.8

Location

2530 Northshore Rd Bellingham, WA 98226-9477
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4770 Pacific, Bellingham, WA 98226-9049 $650,000 Mar 2025 1,824 SF
100 Stuart, Bellingham, WA 98226-8196 $1,412,617 Mar 2023 2,446 SF
1075 Sunset, Bellingham, WA 98226-3510 $53,000,000 Jan 2022 2,904 SF
4100 Marblemount, Bellingham, WA 98226-7760 $1,200,000 Dec 2021 3,070 SF
5974 Guide Meridian, Bellingham, WA 98226-9720 $460,000 Nov 2021 2,388 SF
5927 Guide Meridian, Bellingham, WA 98226-9787 $1,400,000 May 2021 3,224 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $460,000
    2,388 SF
    5974 Guide Meridian
    GROCERY, SUPERMARKET
    5974 Guide Meridian, Bellingham, WA 98226-9720
    View Details
  • Value Estimation
    $420,000
    2,583 SF
    1020 Bakerview Rd
    RESTAURANT
    1020 Bakerview Rd, Bellingham, WA 98226-9123
    View Details
  • Value Estimation
    $440,000
    2,803 SF
    3319 Airport Dr
    GROCERY, SUPERMARKET
    3319 Airport Dr, Bellingham, WA 98226-8048
    View Details
  • Value Estimation
    $385,000
    2,856 SF
    4390 Meridian St
    RESTAURANT
    4390 Meridian St, Bellingham, WA 98226-9111
    View Details
  • Value Estimation
    $285,000
    1,920 SF
    4045 Bakerview Spur
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)
    4045 Bakerview Spur, Bellingham, WA 98226-8066
    View Details
  • Value Estimation
    $1,480,000
    3,136 SF
    1295 Sunset Dr
    FINANCIAL BUILDING
    1295 Sunset Dr, Bellingham, WA 98226-3506
    View Details

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  • New
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  • New
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    Development property with commercial showroom, manufacturing space, and laydown yard plus approximately 331 feet of Guide Meridian frontage.
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Similar Nearby for Lease

  • Contact for pricing
    3,071 sqft
    Strip Mall with Roll-Up Door Access
    Strip mall retail space with roll-up door(s), abundant parking, and remodeled building fascia near major Bellingham intersections.
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    The retail premises can be configured as divisible space adjacent to Marshalls.
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    View Details
  • $15 SF/Yr
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  • Contact for pricing
    6,233 sqft
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    ADA-compliant retail layout combines separate offices with two adaptable open areas.
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  • Contact for pricing
    10,000 sqft
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    Regional shopping center with national retailers and strong tenant mix.
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    View Details
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2530 Northshore Rd, Bellingham, WA, 98226
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