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Unit #5 & #6 115 - 117 W Magnolia St

5,400 SF Retail Building Bellingham, WA 98225 £946,800 (£175/SF)

Executive Summary

Located on Magnolia Street in Downtown Bellingham, WA, Taco Lobo stands as a beacon of flavor and community. For 18
years, it has been the go-to destination for authentic Mexican cuisine, nestled within (2) condominium units.
Now, this beloved establishment, complete with a full restaurant buildout, is ready to pass the torch to a new wave of culinary innovators. With its generous offerings including a large hood, walk-in cooler, and tiled floors, along with all necessary equipment, stepping into Taco Lobo means stepping into a legacy of success.
Priced at $1,200,000.00, this turnkey opportunity is your ticket to becoming a culinary trailblazer.
Don't miss your chance to make your mark in the heart of Bellingham's bustling downtown scene.

Attachments

Brochure

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,400 SF
Year Built/Renovated
1912/1975
Price
£946,800
Price Per SF
£175
Tenancy
Single
Number of Floors
1
Building FAR
0.65
Land Acres
0.19 AC
Opportunity Zone
Yes
Zoning
CC

Amenities

  • Restaurant
Walk Score ®
Walker's Paradise (99)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
WaFd Bank
Heritage Bank
Banner Bank
Chase Bank
Starbucks
Bank of America
U.S. Bank
The YMCA
KeyBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 380330-181176-0007
  • 380330-181176-0005
Land Assessment
£199,680
Improvements Assessment
£294,687
Total Assessment
£494,367
  • Listing ID: 31964951

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 115 - 117 W Magnolia St, Bellingham, WA 98225

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