Bellingham, Washington, offers a diverse range of Retail Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's unique blend of natural beauty, educational institutions, and cultural attractions. As a hub for education, transportation, and the arts, Bellingham's Retail Properties represent a smart investment, with opportunities ranging from small boutiques to large commercial spaces. With Western Washington University, Bellingham International Airport, and the Alaska Marine Highway, the city's infrastructure supports a strong economy, making it an ideal location for retail businesses. The city's diverse geography, with Bellingham Bay, Mount Baker, and Lake Whatcom, also provides a unique setting for retail properties, with many neighborhoods offering distinct characteristics and amenities. Additionally, the city's attractions, such as the Whatcom Museum of History and Art, SPARK Museum of Electrical Invention, and the Bellingham Symphony Orchestra, make it a great place for business and travel.
Bellingham's Retail Properties For Sale offer a range of opportunities, with 9 listings available. In addition to Retail Properties, the city is also home to Shopping Centers, such as the Bellis Fair Mall, which offers a variety of stores and restaurants. Restaurants, like those found in the Fairhaven neighborhood, provide another investment opportunity, with many unique eateries and cafes. Office Properties, like those near Western Washington University, are also available, as well as Hotels, such as the Chrysalis Inn & Spa, which cater to the city's many visitors. With its diverse economy and attractions, Bellingham is an attractive location for investors looking to capitalize on the city's many opportunities. Overall, Bellingham's Retail Properties For Sale offer a unique investment opportunity, with many options available to suit a range of needs and budgets.
When it comes to retail properties in Bellingham, investors can expect an average cap rate of 5.58%, which is a key metric to consider when evaluating the potential return on investment. To learn more about how cap rates work and what they mean for your investment, check out our article on what is a cap rate, which provides a comprehensive overview of this important concept.
In Bellingham, Washington, the location of a retail property significantly impacts its value, with properties situated in high-traffic areas such as downtown Fairhaven or the redeveloped waterfront commanding higher prices due to their proximity to amenities, public transportation, and pedestrian activity. For instance, a retail property with high foot traffic, such as those near Western Washington University or the Bellingham Public Library, can expect to see increased property values, with the average price per square foot being $369 USD and an average size of 8,779 square feet, resulting in a higher average cap rate of 5.58%.