Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Rebecca Heathcock
Two-story mixed-use triplex on sunny corner lot in sought-after Fountain District oozes with charm and performs at a 6+% cap rate! Zoned Urban Village Commercial Transition which allows many redevelopment options - but this is no tear down. Originally built in 1925, all units have been fully updated and maintained by current owners. Commercial suite, remodeled in 2018, has welcoming front reception with 4 separate treatment rooms and a 5th room with sink which could be used for treatments or a break room. Upper level 2-bedroom apartment remodeled in 2025 with new carpet, paint and fixtures. Downstairs apartment remodeled in 2015 with new flooring installed in 2020. Property delivers a 6+% cap rate with 2,376 sqft on the interior and a large graveled lot with 12 parking spots. Back patio / grotto is a perfect little secret which owners and staff use as an outdoor break room. Parcel is bigger than it looks as arborvitae hide additional lot square footage. Located within walking distance of popular shops and restaurants. Excellent traffic counts with high visibility retail presence. Owners will carry a partial loan with at least $500K down.
Courtesy: Windermere Real Estate Whatcom
360-734-7500
Hannah Cano
Income producing property with immediate value-add opportunity on beautiful 6.66 acre parcel. This property provides a stable income through four month-to-month leases while allowing for future upside through repositioning, redevelopment, or operational optimization. NOI is $57,500 and proforma NOI is $99,000. All tenants are under-market. Residential leases are month to month and the shop tenant has a lease through December 2026. Zoning is R5A.
Courtesy: Sun-Mark Real Estate Inc.
360-733-3700
Azam Nader
Prime Commercial Opportunity on Lakeway Drive. Exceptional investment or owner-user opportunity in a high-visibility Lakeway Drive corridor, just minutes from I-5 and major retail centers. This well-maintained building features a recently remodeled interior and is fully occupied by nine established tenants, including medical, acupuncture, massage therapy, and counseling professionals and real estate office providing a stable and diversified income stream. Ideal for partial owner-occupancy, the property offers the flexibility to occupy a suite while generating income from eight existing tenants. Strong daily traffic counts exceeding 30,000 vehicles ensure outstanding exposure and consistent business visibility. High-demand commercial area, this property presents a rare opportunity to secure steady income with long-term growth potential.
Courtesy: Windermere Real Estate Whatcom
360-734-7500
Hannah Cano
Prime redevelopment opportunity in the Downtown Bellingham core with parking income. This lot is 6,625 square feet and is contiguous to the corner lot (102 W Champion), which is also available for sale.
Courtesy: Realogics Sotheby's Int'l Rlty
425-800-0310
Christopher Erdmann
Commercial / Special Use Opportunity Near Downtown Bellingham. Rare York neighborhood property currently utilized as a church/community facility, offering flexible space for worship, education, meetings, events, nonprofit, office, or potential adaptive reuse. The building features multiple classrooms/offices, a large main worship/sitting room, and an additional banquet/library/community room, creating a functional layout for a variety of commercial or institutional users. Located approximately 0.4 miles from major transit and close to downtown Bellingham, parks, amenities, and neighborhood services. Property may also offer future redevelopment or middle-housing potential under Bellingham’s updated zoning and land-use rules, subject to buyer verification. New roof installed in 2022. Buyer to verify zoning, permitted uses, development potential, square footage, parking, and all other information to their satisfaction.
Courtesy: Windermere Real Estate Whatcom
360-734-7500
Lorrie Dujmovich
Unique opportunity to acquire a commercial and industrial development property located on the high-traffic Guide Meridian (SR 539) in Bellingham, WA. The site offers strong visibility, stable rental income, and outstanding redevelopment potential. Highlights: - Frontage: +/-331 linear feet on Guide Meridian - Site Area: - Current Use: 3 residential units, commercial showroom, manufacturing space, laydown yard - Income: Ongoing rental income offsets holding and carrying costs - Utilities: Currently served by septic and community water; public utilities planned in near future - Zoning: Suitable for a wide range of commercial or LI uses - Access & Exposure: High visibility corridor w/strong traffic counts
Courtesy: Gage CRE
360-483-0508
Tracy Carpenter
Commercial Condo located within the Squalicum Lofts Business Park. Located at the forefront of the complex, with excellent signage exposure to Squalicum Way. Space features 1,826 SF, currently built out as a Dental lab with reception/ waiting area, 3 operatory spaces, Lab, restroom + office on ground floor, and Processing lab space on second floor. 4 dedicated parking spaces (2 front + 2 rear). Easily accessible to I-5. Walking trails and Squalicum Creek Park adjacent to the east of the complex. Space is part of the Squalicum Lofts Condo Association.
Courtesy: Windermere Real Estate Whatcom
360-734-7500
Jeffrey Johnson
Three adjacent commercial condo units joined together in the heart of Bellingham. Leased long term by Frontier Dermatology.A very stable single tenant history with a NNN lease at below market rents.The interior of the Premises is improved with elevator to the second story and high end and well maintained finishes.The Base Rent has 2% annual increases for the initial 5 year term.One option to renew at Fair Market rent for comparable medical space. NNN lease including HOA dues.
Courtesy: Windermere Real Estate Whatcom
360-734-7500
Robert Sandoz
Located in the heart of downtown Bellingham with 110’ of frontage on E. Magnolia Avenue. This property is being offered both as an extremely attractive redevelopment site and as a class A retail location in Downtown Bellingham. The current business, Vienna Cleaners, is closing their doors as the owners are retiring. This opens an amazing opportunity for a retail business or a redevelopment of a prime parcel of land, adjacent to Railroad Avenue. Property is available as a short-term rental as well as listed for sale.
Courtesy: Den Finder
360-820-4501
Joshua Baijot
Take advantage of this rare commercial storefront opportunity in the vibrant heart of downtown Bellingham, offering the area’s most affordable path to property ownership. Boasting high traffic counts and exceptional visibility, this location is the perfect chance to stop paying rent and start building equity in the business you’ve always dreamed of. Whether you are launching a new venture or seeking a permanent footprint for an established brand, this high-exposure space puts you right in the center of the action at an unbeatable value.
Courtesy: John L Scott Bellingham
360-671-9640
Alicia Jansen-Pennington
Step into timeless charm & elegance with this beautifully restored 1904 historical home in the heart of Bellingham. Original millwork, dovetailed wood floors, and soaring ceilings preserve the home’s historic charm, while timeless elegance showcase the craftsmanship of a bygone era, while modern updates—include a chef’s kitchen for functional living. Bay views, abundant natural light, and elegant original molding create a warm atmosphere throughout. This premier location offers effortless access to Bellingham’s finest dining, boutique shops, and the harbor. A rare opportunity to own a piece of history in the city’s most coveted setting. Great opportunity for an investment property as a historical bed and breakfast or to make your home.
Courtesy: John L Scott Bellingham
360-671-9640
Patrick Starr
Huge price reduction gives you a true 8% Cap Rate based on actual #s. This reflects the single unit currently vacant plus we deducted an additional 5% vacancy rate on top of that just to keep the underwriters happy. Or, you can assume the underlying mortgage (approx $1.28M) at 4.125% FIXED for the next 5 years. That is cheap money! Don't miss this chance to own a piece of historic downtown Fairhaven. 8 street-level commercial/retail condos split between the Waldron & Young Buildings encompassing Finnegan's Alley. Multiple addresses. 91.5% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 8% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Keith Cook
Exceptional opportunity to acquire a well-configured industrial warehouse with excess land in Bellingham’s industrial market. The property features a ±30,000 SF concrete tilt-up building with 28’–33’ clear heights, 5 dock-high doors and 3 grade-level doors, ideal for warehousing, distribution, or logistics users. ±3,330 SF of finished office space plus ±3,330 SF mezzanine provides functional office and storage flexibility. Situated on ±8.26 acres, including approximately ±3.67 acres of excess land, the site offers future development potential or expansion and is zoned Industrial (I) for a wide range of uses. Additional features include ample yard area, 553’ of frontage, and convenient truck access. Strategically located along Pacific Hwy with immediate access to I-5 and nearby interchanges, the property is positioned between Seattle and Vancouver, B.C., and just minutes to Bellingham International Airport, making it ideal for regional distribution and logistics operations. Ideal for owner-users, investors, or developers seeking scale, functionality, and long-term upside.
Courtesy: Kw Lake Washington So
425-757-3465
Daniel Sebryakov
Rare development/commercial opportunity in the heart of Old Town Bellingham. This prime site previously had approved permits for a 50-unit multifamily apartment project, qualifies for the Multi-Family Housing Tax Exemption, offering strong financial upside for developers pursuing new residential density in a high-demand urban corridor. History of prior entitlements provides a proven roadmap for redevelopment, allowing flexibility for a revised/expanded vision. The existing improvements support a range of permitted commercial uses including retail, office, creative or design studios, service-based businesses, light production, and mixed commercial occupancy. This flexibility allows an investor or owner-user to generate income by leasing the property over several years while completing design, entitlement, or capital planning for future redevelopment. The property is strategically located minutes from Downtown Bellingham, the Waterfront District, and Western Washington University, with easy access to major transit routes, employment centers, and surrounding neighborhoods. Old Town continues to experience revitalization, with an 84-unit multifamily development currently underway nearby, reinforcing strong housing demand and long-term growth momentum. A rare combination of MFTE eligibility, proven development feasibility, flexible interim commercial use, and a highly desirable central location for investors, developers, or owner-operators. Plans are included in the list price
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
Downtown Bellingham Class A office building for sale or lease, ready to meet your corporate needs. Previously occupied by DIS which had up to 150 employees during peak operation. The building has a combination of open-floor space and private offices, with each floor providing a unique opportunity for operational separation. Currently designed for a single tenant use, however, a multitenant redesign is possible or mixed use residential over commercial. Upper and lower levels are easily accessed by an elevator or stairs that are situated at front and rear of the building. This location gives employees the opportunity to enjoy restaurants, shopping and entertainment just steps from work with a Walker’s Paradise Score of 97.
Courtesy: Gage CRE
360-483-0508
Tracy Carpenter
Incredibly well-located medical office space directly across from St. Joseph's Hospital. Building built in 1987, with remodels in 2011 and 2015. Building has been historically owner occupied and maintained to high standard. Building can support up to 4 physicians. Includes 2 waiting areas, large nurses station, 4 physicians' offices, 8 exam rooms, billing office, flex office (possibility for 9th exam room), 3 private restrooms, washer/dryer, break room, and 3 exits to rear of building.
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
Easy $70k net revenue per month. The Marina Building sits proudly on the corner of Coho Way and Roeder Ave within the Port of Bellingham’s Marina District. Actual cap rate is 7.5%, with a strong mix of regional and local tenants. 1st floor is anchored by LFS retail sales serving the marine industry, with the 2nd and 3rd floor as Class A office with secure entry served by an elevator. This 47k plus sq ft, fully sprinkled building has been meticulously upgraded and maintained with a tenant occupancy average of 9 years. Building is situated on a landlord favorable Port of Bellingham Land Lease with 36 years remaining. The math works! Abundant parking, in a walkable area with easy access to affiliated services, restaurants, trails and parks. Please do not disturb tenants.
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
Situated in Bellingham’s Retail Commercial Core, this building is situated next to Peoples Bank on Cornwall Avenue. Current retail use includes a small storefront with the balance of the building set up for retail online sales. The long-term tenant is currently month to month. Before the current use, the building was segregated for two separate retail tenants. Potential value add by creating second floor apartments over the commercial space. Please do not disturb operating business. Appointment required.
Courtesy: Windermere Real Estate Whatcom
360-734-7500
Michael Kingsley
Prime 1.07-acre commercial redevelopment opportunity fronting Meridian Street, Bellingham’s premier north–south arterial. Fully improved site with all city services, excellent visibility, and access within the Planned Commercial zone allowing a broad range of uses. Currently improved with a drive-through and former U.S. Bank kiosk-style building offering interim use potential. Located in the heart of the Meridian Commercial Corridor with nearly 38,000 VPD and excellent proximity to I-5 and major amenities. Seller financing available to qualified buyers with reasonable time for feasibility. Priced just above assessed value. - Restrictive covenant prohibits bank use.
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
Turnkey, modern office space in the heart of Downtown. Situated across from the Commercial Street parking garage this location gives employees the opportunity to enjoy restaurants, shopping and entertainment just steps from work. Currently operating as a co-working space, there is a combination of open-floor space and private offices. The building has both street and alley access. This is a great opportunity for an expanding local company or a company relocating from out of town. $30,474 pm net lease in place until 11-2-26 which can be bought out. The building has a connection option to 1331 Commercial Street, a 14,416 sq ft office building, that is also for sale. This connection by sky bridge creates over 34k sq ft of office space. Appointment Required
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
Former bank building, situated in Bellingham’s Commercial Core. Open floor plan, multiple private offices, conference rooms, kitchen, and original bank vaults. Fiber, fully sprinkled, elevator, plus 12 parking spaces. Additional parking is available in Commercial Street Parking Garage across the street along with multiple area parking lots. $22,091 pm net lease in place until 11-2-26 which can be bought out. Nearly 35k sq ft of combined office possible by skybridge to 1323 Commercial St., a 19,800 sq ft office building, that is also for sale. Appointment required.
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
Situated in Bellingham’s Commercial Core, this turn-key space is perfect for office or retail use. The building was remodeled recently and has a large kitchenette and ADA bathrooms. The main floor is mostly open with some private office space. The mezzanine level in the front has a large conference room that looks out onto Holly St. The mezzanine level at the back has several small offices and some open space. Great window exposure, lots of light, bring your ideas. Located across from Black Sheep and Camber. Excellent owner user opportunity or the investor looking for a long-term hold property. $7,622 pm net lease in place until 11-2-26 which can be bought out. The building does have a connection option at the back of the building to 1313 Commercial Street, a 19,156 sq ft office building, which is also for sale.
Courtesy: Pacific Continental Realty LLC
360-671-4200
K.C. Coonc
Beautifully renovated and turnkey office space in the heart of Downtown. Situated across from the Commercial Street parking garage this location gives employees the opportunity to enjoy restaurants, shopping and entertainment just steps from work. With a combination of open-floor space and private offices, this building is sure to cover all the needs of an evolving business. A large conference room, exercise room, large kitchen and reception fulfill all possible needs. The building has both street and alley access, as well as skylights for lots of natural light. This is a great opportunity for an expanding local company or a company relocating from out of town. $37,512 pm net lease in place until 11-2-26 which can be bought out. Building has a connection option to 204 W Holly, a 4,500 sq ft office/retail building, that is also for sale.
Courtesy: Western Realty, Llc
John Ramsey
In the path of progress. Rare opportunity on over 1.6 acres on Northwest Ave, just north of W Bakerview Rd and the Aldrich Rd intersection. Zoned Commercial, with the City also encouraging residential development; located in Area 4 of the Meridian Neighborhood. Sewer available in the street. A wetlands study is on file indicating no wetlands on the property. The property includes a 1952 single-family home, currently tenant-occupied and producing $2,000/month, on an existing septic system. Ideal for investors, developers, or owner-users seeking income while planning future use. Please view with discretion. Do not walk the property without an appointment.
Courtesy: John L Scott Bellingham
360-671-9640
Alicia Jansen-Pennington
Exceptional water-view office building with preliminary multi family concept renderings, offering a rare opportunity to create Bellingham’s next standout condominium development. Located in one of Bellingham’s most desirable & rapidly evolving corridors, this property combines prime visibility with incredible future potential. All conceptual plans and project details are available, presenting a seamless path for a new build opportunity. Whether reimagined as a multi family project or utilized as a strong income-producing asset in its current form, this property delivers versatility and long term value.
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Bellingham is located in Washington. Bellingham, Washington has a population of 90,545. Bellingham is less family-centric than the surrounding county with 25.93% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Bellingham, Washington is $59,163. The median household income for the surrounding county is $70,011 compared to the national median of $69,021. The median age of people living in Bellingham is 33.5 years.
The average high temperature in July is 72.4 degrees, with an average low temperature in January of 34 degrees. The average rainfall is approximately 39.1 inches per year, with 9 inches of snow per year.
