Courtesy: Bellwether Real Estate
360-305-3650
Renae Ingraham
One of the earlier homes built in Bellingham’s coveted Columbia neighborhood, this 1900 classic is filled with beautifully preserved original character. Enter through the sun-filled enclosed front porch into an inviting entry showcasing gorgeous fir floors, original fir trim and abundant natural light. The living room features a stunning ornate gas fireplace, while the spacious dining area opens to a generously sized kitchen with plenty of potential for future updates. Upstairs are 3 bedrooms and 2 updated bathrooms. The finished third floor offers a large flexible space with its own fireplace—ideal as a 4th bedroom, office or bonus room—with built-in bookcases and a peek-a-boo bay view. A separate studio DADU with fir floors and trim, full kitchen and bath is currently used as a rental, offering additional income potential. Roof installed in 2023. Enjoy sunsets from the upper deck overlooking Elizabeth Park and a yard with established fruit trees. Residential Multiple zoning may offer additional possibilities; buyer to verify intended use with the City of Bellingham. Ideally located near Elizabeth, Broadway and Cornwall Parks, with restaurants, breweries and coffee shops within walking distance, plus easy access to downtown, trails, the hospital and schools. A rare opportunity to own a special piece of Bellingham history.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Gabrielle Balolia
Downtown Bellingham development opportunity. This highly visible 23,958-square-foot (0.55-acre) parcel is located along North State Street, a primary arterial connecting downtown Bellingham and Fairhaven, just minutes from Western Washington University. Downtown Commercial Core zoning permits multifamily residential, commercial and mixed-use development. Current zoning establishes no maximum residential density, building height, setbacks or lot coverage. Preliminary analysis indicates potential for approximately 90–110 residential units. A conceptual 100-unit project could include 24 studios, 50 one-bedroom, 22 two-bedroom and 4 three-bedroom apartments. Taller or more compact construction may support additional units. Bellingham’s elimination of automobile parking minimums provides further design flexibility. The property is currently improved with an approximately 1,600-square-foot, three-bay automotive repair shop, currently operating as a Pay to Park, Parking Lot. Buyers may consider utilizing the existing structure or pursuing complete redevelopment. Historical automotive and service-station uses should be considered during environmental and development feasibility review. All development concepts and unit estimates are preliminary and subject to independent verification with the City of Bellingham and appropriate consultants......................Owner financing may be considered for a qualified buyer.............
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 357 sf 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: Gage CRE
360-483-0508
Gregory Martineau
Trustee sale. Incredible redevelopment/ value add opportunity in Bellingham, with ideal location along Northwest Ave. Property sold as-is, where is. Property features +/- 32,000 SF buildings. Utilities connected. Extensive deferred maintenance. Property is approximately 50% occupied, with short term leases and existing income. Site flexibility, keep one or both buildings and redevelop all or a portion of the property.
Courtesy: Muljat Group
360-733-3030
Julian Friedman
Prime Commercial Location – 2.5 Acres 2.5-acre general commercial property with approximately 300 feet of I-5 frontage, located directly across from Bellingham International Airport and just one mile north of the Bakerview Road exit, Costco, and Fred Meyer shopping center.Excellent visibility and easy access make this a prime location for a variety of potential uses, including car dealership, construction business, mixed-use development, or other commercial applications. Property also includes an existing 2-bedroom home/office & shop.
Courtesy: Skyline Properties, Inc.
425-205-2135
Harmit Sidhu
Rare 3.74-acre commercial opportunity on Guide Meridian with an established gas station, large convenience store, fully equipped commercial kitchen with hood, and Pacific Pride commercial truck card-lock operation generating additional income. The substantial land offers significant potential for expansion and additional revenue streams, subject to zoning and approvals. Explore possibilities including a car wash, storage, truck parking/truck-stop services, espresso stand, expanded retail, or other commercial uses. High-visibility location offering an exceptional combination of existing income, infrastructure, land, and long-term upside.
Courtesy: Windermere RE Whatcom, Inc.
360-734-7500
Chet Kenoyer
1,500 square foot (30x50) industrial/storage condominium conveniently located in the Store House gated complex in Irongate Industrial Business Park. Quality built with steel construction, CMU block, and metal roofs for longevity and low maintenance in mind. On site manager for Store House Heated Storage and is secure and accessible 24/7. Features include an ADA bathroom, large 14x16 overhead door with windows and automated opener, high vaulted ceiling, wired for 220 and additional outlets, custom paint and lighting, epoxy floor, and so much more. A perfect set up for a mancave or she-shed! Why rent when you can own?
Courtesy: Muljat Group
360-733-3030
Troy Muljat
Rare opportunity to own a freestanding industrial building in Bellingham’s Roosevelt Industrial Hub. Features include two private offices, a connected warehouse/shop, two grade-level overhead doors, and off-street parking. Zoned Light Industrial, the property supports a wide range of uses including warehousing, manufacturing, offices, retail, and service businesses — offering exceptional flexibility for owner-users and investors alike. Located just minutes from I-5, it offers easy access to Seattle, Vancouver B.C., and the wider Pacific Northwest. Whether you’re bringing your own vision to the space or adding a well-located building to your portfolio, 2228 Queen Street offers the flexibility, function, and location to support long-term value.
Courtesy: Muljat Group
360-733-3030
Troy Muljat
Fully leased multi-tenant commercial building in Bellingham’s Meridian neighborhood, sitting just off the Meridian St/I-5 interchange near major retailers like Target, Marshalls, and Home Depot. Meridian Place hosts a diversified roster of medical, technology, government, and retail-service tenants including Eyes Rite Optical, Team Technology, and the U.S. Army Corps of Engineers. A long history of tenant retention reflects a stable, well-managed asset with dependable in-place income. Located on a lot with ample on-site parking and access off both Telegraph Road and McLeod Road. Plus, Meridian Street carries nearly 39,000 vehicles a day directly past the property, with I-5 running over 60,000 vehicles daily just around the corner. An attractive long-term investment opportunity and easy addition to any portfolio!
Courtesy: Keller Williams Western Realty
360-738-7070
John Ramsey
Rare opportunity to acquire ~1.63 acres in one of Bellingham's largest undeveloped blocks of commercially zoned land. This property is located in Meridian Neighborhood Area 4, where the City encourages residential and mixed-use development. The City is currently updating its development code to comply with new state requirements encouraging residential use in commercial and mixed-use areas. Water and sewer are available. Existing tenant-occupied home generates approximately $2,000/month. Wetland reconnaissance completed; buyer to verify development potential and complete any required studies. Please do not disturb tenant or walk property without an appointment.
Courtesy: Muljat Group
360-733-3030
Troy Muljat
A rare investment opportunity in the heart of Downtown Bellingham’s Commercial Core, offering two buildings on one of the city’s most walkable blocks just minutes from the Waterfront District, Waypoint Park, and Western Washington University. The buildings feature strong visibility, premium signage exposure, and ground-floor commercial space. Plus, 1215 includes a full basement level ideal for storage, inventory, or back-of-house use. Paved on-site lots plus street parking in front of both buildings add further appeal for tenants and customers alike. Experience flexibility to lease up a diverse tenant mix or explore future redevelopment potential. The property’s Urban Village zoning supports a wide range of income-producing possibilities. This is a great choice for investors seeking scale, flexibility, and long-term upside in one of Bellingham’s most vibrant neighborhoods.
Courtesy: Windermere RE Whatcom, Inc.
360-671-5000
Joshua Shiflett
Exceptional investment opportunity featuring a well-established storage complex with strong occupancy & consistent income history, currently offering a strong 7% cap rate, paired with a well-maintained single-family residence built in 2006. Existing county-recognized legacy non-conforming storage use. The property offers a total of 243 rentable units, including 159 indoor units & 84 outdoor spaces, with additional potential to increase unit count through reconfiguration. Situated on approximately 8.5 acres, the property provides ample room for expansion. The improvements have been well-maintained & updated over time. The on-site residence has also seen significant recent upgrades, including a new roof and exterior paint in 2025, along with substantial interior flooring updates completed in 2025–2026, making it ideal for an owner/operator or supplemental rental income. Strong tenant history, high occupancy levels, and ongoing capital improvements make this a turnkey asset for investors seeking both reliability and growth.
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: Windermere RE Whatcom, Inc.
360-734-7500
Hannah Cano
Rare income-producing residential and live/work opportunity on 6.66 acres in Bellingham! The newer 2,176 SF main residence, built in 2010, features 4 bedrooms and 1 bath, with additional detached residential/guest accommodations and substantial shop/warehouse space. Multiple structures offer exceptional flexibility for intergenerational or multi-generational living, MIL/guest quarters, potential ADU use, rental income, home-based business, hobbies or investment. Four existing leases provide immediate income; residential leases are month-to-month and the shop lease runs through December 2026. Current NOI is $57,500 with pro forma NOI of $99,000, offering significant value-add potential as rents are currently below market. Beautiful 6.66-acre setting with R5A zoning. Buyer to verify square footage, permitted uses, ADU/MIL status, zoning and rental information.
Courtesy: RE/MAX Whatcom County, Inc.
360-647-1313
Spencer Flannery
Former Mykonos Restaurant & Lounge presents a rare opportunity to acquire a highly visible 4,960 SF standalone commercial building in a prime Bakerview location near Bellingham International Airport. The property features seating for approximately 125 restaurant guests, up to 89 in the bar area, plus two patios, creating strong flexibility for dining, bar service, private events, brewery, taproom, tasting room, or other permitted hospitality and commercial uses, Ample parking, strong exposure, and long-standing recognition in the Bellingham market, this is an excellent chance for an owner-user or investor to revive a proven location or introduce an entirely new concept.
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: 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
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: 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. Seller financing available.
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. Seller financing is available.
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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.
