Provided by NWMLS, Listed by Gabrielle Balolia, 360-647-1313 at RE/MAX Whatcom County, Inc.

$875,000

1058 N State Street, Bellingham WA, 98225

Price per sqftN/A

Built in1960

Property typeCommercial

Overview

Active

Updated 6 days ago

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.

Additional information

MLS^® ID: 2564422

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.55 Acres

Other Property Details

Taxes: $9,746
Tax Frequency: Annually
55+/Senior Community: No

Provided by NWMLS, Listed by Gabrielle Balolia, 360-647-1313 at RE/MAX Whatcom County, Inc.

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/8/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/8/2026 at 11:17 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data last updated on 10/8/2026 at 11:17 AM UTC