514 Potter St, Bellingham, WA 98225, USA

For Sale

For Sale / Multi Family, Residential, Retail

Sale Price: $1,500,000

CBA #: 641611

Opportunity to purchase Nelson’s Market, one of Bellingham’s oldest operating businesses located in the historic York Neighborhood. The first floor is utilized as retail/restaurant and is equipped with a full kitchen, an indoor dining area with retail space, and a restroom. The two upper floors are currently occupied month-to-month and are divided into two separate residential units. The second floor is a beautiful 2 bedroom/1 bath unit featuring lots of charm with its classic architecture, wood floors, and timeless fixtures. The third story is a studio apartment with a private balcony and desirable view. The lot itself is 9,148 sf and includes additional outdoor patio restaurant seating, a large, private parking lot with detached garage and a lush backyard with a garden shed. Don’t miss this unique opportunity to continue operation or bring your own vision to an original and well-admired Bellingham business in addition to two income-generating units that reside above all on an attractive piece of property. Pro forma NOI of $86,250.


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