4264 Pacific HwyBellingham, WA 98226

Property Details for 4264 Pacific Hwy

Year built

1940

Lot size

1.81 AC

Property size (Sq ft)

1,557 SF

Zone code

LII

Property type

Retail properties

Property subtype

Drug stores

APN

380211 110226 0000

APU

3802111102260000

Description

This exceptional 1,557 square foot retail space at 4264 Pacific Highway in Bellingham, WA, 98226 boasts prime visibility due to its excellent Interstate 5 exposure. The property sits on a generous 1.85-acre lot and offers ample parking with 10+ spaces. The main floor, completely renovated in 2017, provides a bright and modern 1,557 square foot retail area, thoughtfully divided into three individual offices, perfect for a variety of businesses. This versatile space is currently vacant and ready for immediate occupancy. Beyond the main floor, a substantial unfinished basement area exceeding 1,500 square feet offers significant potential for storage, inventory, or equipment. The property's location on Pacific Highway ensures high traffic volume and excellent brand visibility, making it an ideal investment opportunity for businesses seeking a prominent Bellingham location. The combination of a renovated main floor, substantial basement storage, and high-traffic location makes this property a truly unique offering. This single-tenant property is ready for your business to thrive.

• CAP approach

  CAP return

  Valuation

  6%

  $617,366

  6.5%

  $569,877

  7%

  $529,171

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,192,682

  Geo Method

  $755,615

• Alternative Use

  Use

  Valuation

  Residential

  $480,712

  Hospitality

  $440,330

  Educational

  $366,349

  Medical

  $378,949

  Retail

  $569,877

Location Insight

City

Bellingham

County

Whatcom

State

Washington

Latitude

48.7957

Longitude

-122.525

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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