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

Investment Highlights

Executive Summary

Located on Magnolia Street in Downtown Bellingham, WA, Taco Lobo stands as a beacon of flavor and community. For 18years, 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.

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    5,400
• Year Built/Renovated    1912/1975
• Price    1,200,000
• Price Per SF    222
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.65
• Land Acres    0.19 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Restaurant