With 1 restaurants for sale in Bellingham, investing in a restaurant in this city can be a lucrative venture. Restaurants in Bellingham offer a unique opportunity to tap into the local economy, which is driven by education, transportation, and the arts. As a hub for Western Washington University, Bellingham attracts a diverse crowd of students, faculty, and staff, creating a demand for a variety of dining options. Additionally, the city's proximity to the U.S.-Canada border and its position as a gateway to the San Juan Islands and Alaska make it an attractive destination for tourists. Bellingham's infrastructure, including the Bellingham International Airport and the Whatcom Transportation Authority, provides easy access to the city, making it an ideal location for restaurants. The city's diverse geography, with Bellingham Bay to the west and Mount Baker to the east, offers a range of settings for restaurants, from waterfront eateries to mountain-view cafes. With its unique blend of urban and natural landscapes, Bellingham provides a unique setting for restaurants to thrive. The city's attractions, such as the Bellingham Public Library, Western Washington University, and the Historic Mount Baker Theatre, also contribute to its appeal as a dining destination.
Bellingham's restaurants for sale offer a range of opportunities for investors, from casual eateries to fine dining establishments. With its strong economy and diverse population, Bellingham is an attractive location for restaurants. In addition to restaurants, Bellingham also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. The city's apartment buildings, such as those in the Fairhaven neighborhood, offer a range of amenities and are in high demand. Bellingham's shopping centers, like the Bellis Fair Mall, provide a convenient location for retailers. Specialty properties, such as the Bellingham Cruise Terminal, offer unique investment opportunities. Hotels, like the Chrysalis Inn & Spa, cater to the city's tourist population. With its diverse range of investment opportunities, Bellingham is an attractive location for investors. Overall, Bellingham's restaurants for sale offer a unique opportunity to tap into the city's strong economy and diverse population, making it an attractive location for investors.
What is the average cost per square foot for a restaurant in Bellingham?
For those interested in investing in the local food scene, the average cost per square foot for a restaurant in Bellingham is $572 USD per square foot, with available listings totaling 1 and average restaurant sizes ranging from 3,060 square feet to 3,060 square feet.
What factors determine the value of a restaurant for sale in Bellingham?
When evaluating the value of a restaurant for sale in Bellingham, several key factors come into play, including:
- Location, with proximity to popular attractions like Whatcom Falls Park, Western Washington University, and the Bellingham waterfront, as well as accessibility to major transportation hubs like the Bellingham International Airport and Interstate 5, influencing foot traffic and customer demographics;
- Size and layout, with the average restaurant in Bellingham spanning around 3,060 square feet, and larger establishments like 3,060 square feet commanding higher prices due to their increased capacity and potential for revenue generation;
- Financial performance, including the average cap rate of 5.71%, which can impact the sale price, as well as the overall condition and quality of the restaurant, including its equipment, fixtures, and reputation in the community.
