Property Details

1232 N State Street
Bellingham, WA 98225
$1,650,000
CBA# 703339 courtesy of CBA Listing firm: Saratoga Commercial Real Estate

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1232 N State Street, Bellingham

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Office / Retail
Property Type
5,500
Bldg Sq Ft
2
Units
8.00%
Cap Rate
1894
Year Built

Property Overview

Stabilized Retail Investment within downtown Bellingham's Urban Village zoning and Opportunity Zone. Anchor tenants IKI Izakaya Bar and Accomplice are part of the strongest retail block of Bellingham! Other businesses include Old World Deli, The Racket, GreenHouse, Buffalo Exchange, Makeworth Coffee, Pedino, Bry’s Kitchen and Rock & Rye.

Property Details

Property Information

Property Type Commercial Sale
Status Pending
County Whatcom
Listed Jul 21, 2026

Financial Summary

Cap Rate 8.00%

Building & Use

Building Sq Ft 5,500
Total Units 2
Zoning UV
Possible Use Retail
Year Built 1894

Exterior & Lot

Year Built 1894

Location

City Bellingham
County Whatcom
Coordinates 48.74790, -122.47800
Listed By
Amia Froese
Saratoga Commercial Real Estate

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