For Sale
$1,200,000

117 115 W Magnolia St Unit #5 Bellingham, WA 98225

Turnkey Restaurant, Established Business

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property, located at 117-115 W Magnolia Street, Units #5 & #6 in Bellingham, WA 98225, presents a unique investment opportunity. The 0.19-acre lot features a 1912-built building currently housing a well-established restaurant with a full buildout, including a large hood system, walk-in cooler, and tiled floors. All necessary restaurant equipment is included, making this a true turnkey operation. The property is zoned for Business and Commercial use, offering flexibility for future endeavors. The building sits on a post and pillar foundation and has a Whatcom County Tax ID of 3803301811760000. The asking price is $1,200,000. This established business, operating for 18 years, offers immediate revenue potential and a strong foundation for continued success in Bellingham's vibrant downtown core. The property's location on Magnolia Street ensures high visibility and foot traffic. The listing expires December 30, 2024. This is an exceptional chance to acquire a profitable, established business in a prime location. The effective year built, according to public records, is 1975. The lot size, according to Realist, is 8,276 square feet. There is no on-site parking.

Highlights

  • Commercial property.
  • Located in Whatcom County, Washington.
  • Built in 1912 (1975 per public records).
  • 0.19 acres (8,276 sq ft) lot (Realist).
  • Post & pillar foundation.
  • No parking.

Property Details for 117 115 W Magnolia St Unit #5

Property type
Retail properties
Year Built
1912
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Bellingham
County
Whatcom
State
Washington
Latitude
48.7511478
Longitude
-122.4785462

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, Established Business
Where is the retail property located?
The property is located at 117 115 W Magnolia St Unit #5 Bellingham, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Commercial property.; Located in Whatcom County, Washington.; Built in 1912 (1975 per public records).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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117 115 W Magnolia St Unit #5
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