View Map All Properties • Page 1 of 1 View All Sort by Price Sort Alphabetical
« Back

Big Lots Bellingham

Main image

Big Lots Bellingham

1650 Birchwood Ave, Bellingham, WA 98225
Retail For Sale Available Built 1959 1 floors Zoning: C
Asking Price
$4,300,000
Total Building41,261 SF
Available41,261 SF avail
Land156,478 SF land
ConstructionMasonry
MarketWhatcom County
CountyWhatcom

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
262689
Listing ID
701749
Type
Retail
Asset Class
Retail
Zoning
C

Description

INVESTMENT HIGHLIGHTS:- Attractive basis: Offered at just $104/SF, this vacant 41,261 SF building presents a rare opportunity to acquire a large-format retail asset well below replacement cost.- Value-add or owner-user opportunity: With the property currently 100% vacant, investors can reposition the building to capture market rent or an owner-user can immediately occupy and benefit from SBA financing options and long-term control.- Expansive lot with ample parking: Situated on a 3.51-acre parcel with approximately 140 parking stalls (3.4/1,000 SF), the site supports a wide array of tenant or owner-occupant needs.- Low vacancy market: Bellingham’s overall retail vacancy is exceptionally low, dropping to 3.1% in Q2 2024 from 3.3% in Q1, reflecting exciting, robust demand for storefro

Listing Courtesy of:

RJ
Ryan Jones
Kidder Mathews
999 W Main Street, Suite 100,
Boise, ID 83702
State: WA City: Bellingham ZIP: 98225 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.