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206 E Magnolia St

3,948 SF Retail Building Bellingham, WA 98225 $900,000 ($228/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
$228
Tenancy
Single
Building Height
1 Story
Building FAR
0.70
Land Acres
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 ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
KeyBank
Umpqua Bank
Starbucks
Bank of America
U.S. Bank
Chase Bank
WaFd Bank
Heritage Bank
Banner Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
380330-237122-0000
Land Assessment
$347,985
Improvements Assessment
$121,809
Total Assessment
$469,794
  • Listing ID: 29157826

  • Date on Market: 8/1/2023

  • Last Updated:

  • Address: 206 E Magnolia St, Bellingham, WA 98225

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