Courtesy: Windermere RE Whatcom, Inc.
360-734-7500
Chet Kenoyer
Completely remodeled and move-in ready, this 882 SF professional office offers an outstanding opportunity for an owner-user, investor, or future developer. Situated on a prime, high-visibility street with excellent traffic counts, the property provides exceptional exposure for your business and features a brand-new monument pole sign for maximum visibility. The thoughtfully designed layout includes two private offices, a welcoming reception area, a separate open office workspace, kitchenette, and private bathroom. The building is ADA accessible with a wheelchair ramp and ADA Parking. Quality upgrades throughout include engineered hardwood flooring, granite countertops, high-end LED track lighting, HardiePlank siding, vinyl windows, new landscaping, and fresh interior and exterior paint, creating a polished appearance with minimal maintenance. Outside, the expansive parking lot has been freshly sealcoated and offers abundant parking for clients and employees. The property also provides exceptional upside, with full plans and preliminary approval from COB already in place for an approximately 1,800 SF warehouse/shop building at the rear. Alternatively, explore the potential to redevelop the back portion into middle housing, including townhomes or single-family homes. A rare combination of turnkey office space, premium street exposure, abundant parking, and future development potential makes this an exceptional investment opportunity.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Briddick Webb
Located in the gated Carolina Business Park, this warehouse-condo offers 1,302sf of versatile space, 945sf on the ground level and 357sf upstairs. Built with steel construction and wood-framed interiors, the unit features one entry door and a 14’ roll-up door, with 14’ clear-height below the mezzanine. Perfect for storing boats/RVs. The space is outfitted with 3-phase power (125A, 120/208), high-speed internet and LED lighting. Heated, insulated, sheet-rocked, and primed in key areas. A private bathroom includes a shower. The building is fully sprinklered for fire safety. Zoned for Light Industrial use, this flexible unit is move-in ready and suited for a variety of needs.
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: Windermere RE Whatcom, Inc.
360-734-7500
Gary Davidson
Ideally located vacant lot in the middle of the Fountain District with favorable zoning. Back alley access ideal for required/desired parking access. New state zoning amendments have added additional favorable criteria for this existing zoning thus adding to the desirability of options for this lot. Meridian/Fountain area plus the high traffic environment yield to many developmental projects such as retail, restaurant, multi-family, etc. Or combining several options into one project. Very workable seller allowing timing for any feasibility study. All known environmental questions/reports have been addressed and are of record with the city.
Courtesy: Bellwether Real Estate
360-305-3650
Emelie Goodman
RARE OPPORTUNITY - Beautifully renovated residence URMX mixed-use zoning, offering flexibility to live, work, and create a space tailored to your vision. Extensively remodeled in 2020, the 2,400 sq ft single-level floor plan features 2 bd, 2 bth w/ walk-in showers, smart home technology, AC, and high-end finishes throughout. Formerly a boat repair business, the property has been thoughtfully reimagined as a stunning residence while retaining the flexibility of its unique mixed-use zoning. A standout feature is the expansive second living area with a large gas fireplace, oversized utility room with refrigerator, washer/dryer, abundant counter space, and private separation from the main living spaces; ideal as additional living space, home office, creative studio, showroom, or to explore future ADU potential. Bring your imagination to this versatile URMX-zoned property and explore the many possibilities for a live/work lifestyle or other permitted uses. Outside, enjoy a fully fenced, landscaped yard with irrigation, gazebo, expansive parking area, EV/RV hookup, two RV-height carports, and shipping-container storage with air compressor. Secure, private lot provides ample room for parking, storage, recreational vehicles, hobbies, & more. Ideally situated just a short distance to downtown, Little Squalicum Park, Squalicum Beach, Locust Beach, and local services. Buyer to verify all permitted uses, occupancy requirements, applicable building/code requirements with Whatcom County
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Rebecca Heathcock
Two-story mixed-use triplex on sunny corner lot in sought-after Columbia neighborhood 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 RE Whatcom, Inc.
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: Windermere RE Whatcom, Inc.
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 RE Whatcom, Inc.
360-734-7500
Lorrie Dujmovich
Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what’s next. 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 in Squalicum Lofts Business Park with excellent signage exposure along Squalicum Way. This 1,826 SF end-unit offers a flexible ownership opportunity ideal for a wide range of business uses today, with long-term investment potential for future retirement or portfolio growth. The space features a reception/waiting area, private office, kitchen, two bathrooms (including one with a shower), and a versatile two-level layout designed to adapt easily to different business needs. The former roll-up door opening was enclosed during a prior build-out, and the original opening remains in place, allowing for straightforward restoration if desired. Four dedicated parking spaces (2 front, 2 rear). Convenient access to I-5 with adjacent walking trails and Squalicum Creek Park.
Courtesy: Windermere RE Whatcom, Inc.
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 RE Whatcom, Inc.
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
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. Seller financing OAC, 20% down, 6% P&I, 25-year amortization, 5-year balloon.
Courtesy: Windermere RE Whatcom, Inc.
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.
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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.
