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206 E Magnolia St 3,948 SF Retail Building Bellingham, WA 98225 $900,000 ($227.96/SF)
EXECUTIVE SUMMARY
Located in the heart of downtown Bellingham with 110’ of frontage on E. Magnolia Avenue. This property is being offered both as an extremely attractive redevelopment site and as a class A retail location in Downtown Bellingham. The current business, Vienna Cleaners, is closing their doors as the owners are retiring. This opens an amazing opportunity for a retail business or a redevelopment of a prime parcel of land, adjacent to Railroad Avenue. Property is available as a short-term rental as well as listed for sale.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,948 SF
Building Class
C
Year Built
1975
Price
$900,000
Price Per SF
$227.96
Tenancy
Single
Building Height
1 Story
Building FAR
0.70
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CC - Zoned under Bellingham's Downtown District Urban Village in the Commercial Core. It has very favorable zoning with no maximum density
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 3,948 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,948 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 3,948 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 380330-237122-0000 | Improvements Assessment | $121,809 |
| Land Assessment | $347,985 | Total Assessment | $469,794 |
PROPERTY TAXES
Parcel Number
380330-237122-0000
Land Assessment
$347,985
Improvements Assessment
$121,809
Total Assessment
$469,794
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206 E Magnolia St
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