Technical
Financial
Distress signals
Property profile

310 Iowa St Bellingham, WA 98225

OFF-MARKET
Warehouses
Property ID
US90-1255682
1,056 SF 0.08 ac lot Built 1906
Entity Owned 20-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This centrally located Bellingham commercial property at 310 Iowa Street, situated in the Sunnyland neighborhood, presents a fantastic opportunity for small businesses. Offered at an attractive price point of $535,000, this building boasts significant upgrades completed in 2006. These improvements encompass a comprehensive electrical system overhaul, new sheetrock throughout, a reinforced foundation, the addition of a convenient wheelchair ramp, and an automatic door for ease of access. Cosmetic enhancements further contribute to the property's appealing condition. The building benefits from ample street parking directly in front, ensuring convenient access for customers and employees. While the square footage is not currently specified, the property's size is ideal for smaller businesses seeking a well-maintained and conveniently located space. The property is situated on a lot of zero acres. This is a rare opportunity to acquire a move-in ready commercial space in a desirable Bellingham location at a competitive price. The combination of recent upgrades, convenient location, and affordable price makes this an exceptional investment. Serious inquiries are encouraged to explore this promising opportunity further.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1906
Total area 1,056 SF
Lot 0.08 ac (3,311 SF)
Zoning code LI
APN 380330 393403 0000
UPID US90-1255682

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency

Location

310 Iowa St Bellingham, WA 98225-4222
Bellingham metro Census 501 BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2006
3 recorded transactions
2006
$145,000
2004
$60,000
1969
Price N/A

Zoning & alternative use

LI · Bellingham, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 310 Iowa St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message