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Listed by COMPASS
$ 2,699,000
Est. payment /mo
Active
1051 N State ST Bellingham, WA 98225
8,276 Sqft Lot
UPDATED:
11/14/2024 02:47 AM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 2265880
Style 61 - Comm Bldg Ovr 10K
Year Built 1903
Annual Tax Amount $13,163
Lot Size 8,276 Sqft
Lot Dimensions 55' x 125\"
Property Description
Conveniently situated in downtown Bellingham with plenty of street and lot parking nearby, the Maple Block Building is zoned Commercial Core, allowing a variety of future uses. Well-maintained and currently offering a blend of uses: The top floor features 6 apartments, currently rented well below market. Main level houses a tattoo parlor and turn-key restaurant, Pepper Sisters, (offered with this sale) complete w/ equipment, recipes, and stellar reputation. The basement houses a small brewery and tasting room, and has 2428sqft of storage space and an alley parking spot. With long-term commercial tenants and the potential to increase rents, this property is an excellent investment opportunity! Full Offering Memorandum in supplements.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Interior Features Hardwood, Wall to Wall Carpet
Flooring Hardwood, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.