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Five Columns Restaurant
For Lease $20/SF
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Restaurant Space: 4,437 Square Feet      –      Sale Price: $2,000,000

Outstanding opportunity to purchase or lease 4,437 SF building located in the Samish Neighborhood of Southern Bellingham. The Samish Neighborhood is currently undergoing remodel, with newly developed apartment buildings. Available use for office, retail, financial institution, or easily continue with restaurant layout. The owner wishes to retire after 32 years in operation. Seating for up to 141 guests, very large functional kitchen, and plenty of parking available by a 3 property reciprocal parking agreement.
Excellent opportunity to expand hours. Take over the reins with the FF&E and expand the business or convert to your choosing business model. A brewpub or sports bar concept would work well at this location. This is an operational turnkey restaurant, so please view with discretion.

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Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.

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Bellingham Retail Market Statistics (2017 YTD)

Retail Space for lease in Bellingham Washington

Bellingham Washington has a strong retail based economy. If fact, there are few major private employers in Bellingham. The city’s economy thrives on tourism and the aggregate of many small office and retail based businesses. There is available retail space in nearly every area of Bellingham. The most popular locations for retail businesses to locate are the Bakerview Cooridor in North Bellingham and the Historical Fairhaven District at the south end of Bellingham.

The Historical Fairhaven District is one of the most unique retail locations in Bellingham. Fairhaven is a tourism destination and often brings people in while they are traveling between Seattle and Vancouver BC. Due to the popularity and limited supply of retail space in Fairhaven, the lease rates generate premium rates. The current market rate for retail space in Fairhaven is $18 per square foot.

Downtown Bellingham is also a popular location for retail businesses to locate. Many of the buildings in downtown Bellingham were built in the early 1900’s and offer walk-in traffic as well as historical value. Lease rates for retail space in downtown Bellingham range from $12 – $18 per square foot.

The Cordata District located north of the Bellis Fair Mall is an area where the City of Bellingham is currently directing growth.