2426 James St $249,900

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    2426 James St Bellingham, WA 98226

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    Listing# 1421546 | Active

    $249,900

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    Days On Market: 187 0 Views
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    Property Details

    This turn-key high end build out is located in an upscale, busy shopping center, adjacent to Trader Joes along with many well established long standing businesses. 5 year lease w/ options to extend. Price includes FF&E. Location boasts returning customers, well-trained staff & exceptional manager, consistent & substantial catering (8% of total sales!). Online sales with Uber Eats, Grub Hub & EZ Cater & new liquor license has increase beverage sales from 5.4% of business to 7.5% since April.

    • General Features
      • County Whatcom
      • Commercial Category BusinessOpportunity
      • Major Type of Business Food and Beverage
      • Business Type Restaurant
      • Business Name Pita Pit
      • Hours of Operation M-Sat 11am-8pm, Sun 11am-7pm
      • Franchise Y
      • Year Established 2016
      • Number of Employees 6
      • Lease Terms 3-5 Years
      • Licenses See Remarks
    • Property Features
      • Total Covered Parking 0
      • Total Uncovered Parking 1
      • Lot Square Footage 0
      • Location Shopping Center
    • Financials
      • Annual Gross Sales $288,398
      • Annual Rent $33,000
      • Annual Expenses $155,938
      • Inventory $5,000
      • Net Proceeds $35,000

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    Neighborhood

    98226 (Bellingham) Demographics

    39Median Age
    389Population Density (per sq. mile)
    43%College Educated
    $56,280 Estimated Median Income
    10,274Estimated Total Home Owners
    6,020Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    41,740Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $410,000 Median Sales Price
    65 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $249,900
        7/23/2019 11:51:16 AM Price Reduced Source New Value: $249,900 -16.7%
        5/6/2019 9:21:05 AM Price Reduced Source New Value: $299,999 -14.29%
        3/14/2019 5:21:00 PM New in Database Source New Value: $350,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.