1051 N State Street, Bellingham, WA 98225 (MLS # 2265880)
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Conveniently situated in downtown Bellingham with plenty of street and lot parking nearby, the Maple Block Building is zoned Commercial Core, allowing a variety of future uses. Well-maintained and currently offering a blend of uses: The top floor features 6 apartments, currently rented well below market. Main level houses a tattoo parlor and turn-key restaurant, Pepper Sisters, (offered with this sale) complete w/ equipment, recipes, and stellar reputation. The basement houses a small brewery and tasting room, and has 2428sqft of storage space and an alley parking spot. With long-term commercial tenants and the potential to increase rents, this property is an excellent investment opportunity! Full Offering Memorandum in supplements.
| LAST UPDATED | 1/31/2025 | TRACT | Downtown |
|---|---|---|---|
| YEAR BUILT | 1903 | COMMUNITY | Downtown |
| COUNTY | Whatcom | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Oct 21, '24 | $2,800,000 |
|---|---|
| Oct 21, '24 - Jan 17, '25 | $2,699,000 |
| Jan 17, '25 - Jan 31, '25 | $2,550,000 |
| Jan 31, '25 - Today | $2,450,000 |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 860 - Bellingham |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric, Heat Pump, Natural Gas |
| INTERIOR | Hardwood, Wall to Wall Carpet |
| LOT | 8276 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 55' x 125 |
| MLS STATUS | Active |
| STYLE | 61 - Comm Bldg Ovr 10K |
| SUBDIVISION | Downtown |
| TAXES | 13163 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| SATELLITE VIEW |
| / | |
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