716 Alabama St
Bellingham WA 98225
716 Alabama Street
716 Alabama St Bellingham WA 98225
Listing #: 689369 | Status: Available | Last Modified: 4/30/2025 |
For Sale
- Phone:(360) 820-2000
- Email:troy@muljat.com
- Office Name:The Muljat Group Inc.
- Office Phone:(360) 733-3030
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,750,000.0
- $/SF$ 571.9
- Listing StatusAvailable
- Days on Market182
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income100,968
- Vacancy Factor %3.00%
- Operating Expenses0
- Net Operating Income97,938
- CAP Rate 5.77 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units1
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF3060
- Net Rentable Area3060
- Total Office SF
- Largest Contiguous SF
- Lot SF20038
- Acres0.46
- Property TypeRetail
- Office Type
- Building Class
- CountyWhatcom
- Vicinity
- Location Description
- Second Address
- Cross StreetJames Street
- Market AreaWhatcom County
- Tax ID #380319539075
- Additional Parcels3803195390750000
- ZoningC
- Year Built1975
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Filling Station Retail
Rare single-tenant, triple-net leased property for sale. This site has been occupied for over 50-years! The current business owner has two locations, along with several Avenue Bread locations, and is an experienced restaurant operator. The property is well located on a busy corner of Alabama and James Street, across from Trader Joes, and near I-5 access. The property also includes a cell tower with a long-term lease, making this a highly desirable investment.
Restaurant
