Log In/Sign Up
Your email has been sent.
1650 W Bakerview Rd 4,960 SF Retail Building Bellingham, WA 98226 $3,234,846 CAD ($652.19 CAD/SF)
Investment Highlights
- Close to Bellingham International Airport
- Corner Lot
- Visible from I-5
- Lots of parking
- Hotel Nearby
- Ownership is 100% Fee Simple
Executive Summary
Seller financing available with just 25% down for qualified buyers. Former Mykonos Restaurant & Lounge offers a rare opportunity to acquire a 4,960 SF standalone commercial building in a high-visibility Bakerview location just minutes from Bellingham International Airport. Previously configured for high-volume operations with seating for approximately 125 guests plus 89 in the bar area and two patios, the property is ideally suited for restaurant, bar, brewery, taproom, tasting room, or event-driven concepts.
In addition to hospitality uses, the flexible layout supports a range of commercial applications including medical or wellness office potential. The property’s close proximity to nearby hotels creates a compelling opportunity for providers serving out-of-area or traveling clients, offering convenient access to overnight accommodations following outpatient procedures.
Ample on-site parking, excellent exposure, and strong name recognition in the Bellingham market enhance both owner-user and investment appeal. Value-add opportunity to reposition a proven location or introduce a new concept in a high-traffic commercial corridor with flexible seller terms.
In addition to hospitality uses, the flexible layout supports a range of commercial applications including medical or wellness office potential. The property’s close proximity to nearby hotels creates a compelling opportunity for providers serving out-of-area or traveling clients, offering convenient access to overnight accommodations following outpatient procedures.
Ample on-site parking, excellent exposure, and strong name recognition in the Bellingham market enhance both owner-user and investment appeal. Value-add opportunity to reposition a proven location or introduce a new concept in a high-traffic commercial corridor with flexible seller terms.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$17,399
|
$3.51
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$17,399
|
$3.51
|
Financial Summary (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $17,399 |
| Annual Per SF | $3.51 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,399 |
| Annual Per SF | $3.51 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,960 SF
Building Class
C
Year Built
1998
Price
$3,234,846 CAD
Price Per SF
$652.19 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.83 AC
Zoning
Industrial - Birchwood - Area 26
Parking
66 Spaces (13.31 Spaces per 1,000 SF Leased)
Frontage
353’ on W Bakerview Road
Amenities
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Restaurant
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 380211-192013-0000 | Total Assessment | $2,099,144 CAD (2025) |
| Land Assessment | $900,237 CAD (2025) | Annual Taxes | $17,399 CAD ($3.51 CAD/SF) |
| Improvements Assessment | $1,198,907 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
380211-192013-0000
Land Assessment
$900,237 CAD (2025)
Improvements Assessment
$1,198,907 CAD (2025)
Total Assessment
$2,099,144 CAD (2025)
Annual Taxes
$17,399 CAD ($3.51 CAD/SF)
Tax Year
2026
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1650 W Bakerview Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.