Listed price in listed location currency (USD).
$875,000

000

MLS® 2564422

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $9,746
Days Active 18
Lot Size 0.55 Acres
Approx. Age 1960
MLS® Number 2564422

Property Address: 1058 N State St, Bellingham, WA, 98225-5012

Average square foot calculated using Size range provided by listing agent.

Description

Possible Owner Financing! Highly visible 0.55-acre commercial property in downtown Bellingham featuring an approximately 1, 600-SF, three-bay former gas station/mechanic shop and expansive paved parking lot. The building is vacant, offering potential for a new business or adaptive reuse. Explore possibilities for a neighborhood market, tap-house or food truck gathering space, subject to applicable permits and approvals. Fronting North State Street, a primary arterial connecting downtown and Fairhaven, the property is minutes from Western Washington University. The parking lot is leased month-to-month under a 60% revenue-sharing arrangement, generating approximately $1, 200 per month in owner income. Put the existing commercial space to work while pursuing a possible longer-term development opportunity. Downtown Commercial Core zoning allows multifamily residential, commercial and mixed-use development, with NO MAXIMUM residential density and NO MINIMUM automobile parking requirement. Preliminary concepts suggest potential for ground-floor commercial space AND 100+ apartment or condominium units above, depending on design, height and unit mix. Known petroleum contamination from historical service-station operations; environmental reports available. Proposed uses and development concepts are subject to buyer feasibility, environmental evaluation and City approval. Owner financing may be considered for a qualified buyer.
MLS® Number2564422
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
Driveway
Garage Spaces
HeatForced Air
A/CForced Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 21, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
1058 N State St, Bellingham, WA

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