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    Bellingham, WA

    Bellingham, WA Commercial Real Estate for Sale

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    Historic Fairhaven Retail Condos For Sale
    Updated: Mar 6, 2025
    Historic Fairhaven Retail Condos For Sale

    1318 McKenzie Ave, Bellingham, WA

    $3,433,015
    19,820 sqft 0.12 AC lot
    Prime historic downtown Fairhaven location.
    Excellent 6.75% cap rate.
    Multiple street‑level commercial/retail condos.
    All leases include escalations and are NNN.
    Potential to assume underlying mortgage at 4.125%.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1318 McKenzie Ave, Bellingham, WA

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $236K
      Annual

    • Price @ 7% Cap

      $3.38M
      Suggested
    View Property Analytics
    Commercial Condo Dental Lab Space
    Updated: Apr 17
    Commercial Condo Dental Lab Space

    106-905 Squalicum Way, Bellingham, WA 98225

    $599,900
    1,826 sqft
    Commercial condo in the Squalicum Lofts Business Park, located at the forefront with signage exposure to Squalicum Way
    Built out as a dental lab with 1,826 SF total, including reception/waiting, 3 operatory spaces, lab, restroom, and office
    Second‑floor processing lab space for ongoing dental lab work
    4 dedicated parking spaces (2 front + 2 rear)
    Convenient access to I‑5
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    Downtown Storefront with Redevelopment Potential
    Downtown Storefront with Redevelopment Potential

    1232 N State St, Bellingham, WA 98225

    $1,650,000
    5,500 sqft

    Storefront in Downtown District with redevelopment potential and outdoor courtyard.

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    Sunnyland Industrial Flex Space
    Sunnyland Industrial Flex Space

    2034 Franklin Street, Bellingham, WA 98225

    $2,000,000
    6,645 sqft 0.50 AC lot

    Industrial/flex space with fenced yard in Sunnyland neighborhood.

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    Medical Office Space Near Hospital
    Medical Office Space Near Hospital

    3010 Squalicum Pkwy, Bellingham, WA 98225

    $2,000,000
    3,688 sqft

    Well-maintained medical office building across from St. Joseph's Hospital.

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    Industrial Condo with Overhead Door
    Industrial Condo with Overhead Door

    A2-700 Sunset Pond Ln, Bellingham, WA 98226

    $250,000
    1,580 sqft

    Industrial condo features a main-floor shop with loft office/storage space and a 12' x 14' overhead door.

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    Fairhaven Mixed-Use Building For Sale
    Fairhaven Mixed-Use Building For Sale

    1006 Harris Ave, Bellingham, WA 98225

    $2,200,000
    4,798 sqft

    Mixed-use building in the heart of Fairhaven.

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    Street-Level Retail Condo Portfolio
    Street-Level Retail Condo Portfolio

    13111327 11TH, Bellingham, WA 98225

    $3,433,015
    19,820 sqft

    Eight street-level retail condos with NNN leases, 91.5% occupancy, and included underground parking rights in Bellingham, WA.

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    Warehouse Condo with Roll-Up Door
    Warehouse Condo with Roll-Up Door

    113-3610 Irongate Rd, Bellingham, WA 98226

    $319,500
    1,500 sqft

    Warehouse condo unit includes a 1609 roll-up door, 309 by 5009 layout, and NNN lease through Nov. 2028.

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    Warehouse Condo with Roll-Up Door
    Warehouse Condo with Roll-Up Door

    3610 Iron Gate Road #112, Bellingham, WA 98226

    $319,500
    1,500 sqft

    Newer warehouse condo unit with a 16' x 14' roll-up door, 30' x 50' footprint, and 100-amp three-phase power.

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    Warehouse Condo Unit with Roll-Up Door
    Warehouse Condo Unit with Roll-Up Door

    112-3610 Irongate Rd, Bellingham, WA 98226

    $319,500
    1,500 sqft

    Condo warehouse unit features a wide roll-up door, 20-foot average ceilings, and 100-amp three-phase power.

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    Mixed-Use Development Land with Alley Access
    Mixed-Use Development Land with Alley Access

    1112 Cornwall Avenue, Bellingham, WA 98225

    $2,650,000
    0.61 AC lot

    26,563 sq ft lot with frontage on Cornwall Ave and back-alley access for podium-style mixed-use development.

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    Quick Lube Absolute NNN Lease
    Quick Lube Absolute NNN Lease

    1430 Cornwall Ave, Bellingham, WA 98225

    Contact for pricing
    3,840 sqft

    Jiffy Lube quick lube facility on an absolute net lease with zero landlord responsibilities since 2004.

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    Retail Property in Bellingham, WA
    Retail Property in Bellingham, WA

    2500 Cornwall Ave, Bellingham, WA

    $2,050,000
    6,625 sqft 0.15 AC lot

    Retail property available for sale in Bellingham, Washington.

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    Commercial Land Near I-5 Freeway
    Commercial Land Near I-5 Freeway

    4149 Northwest Avenue, Bellingham, WA 98226

    $1,500,000
    1,846 sqft

    Commercial zoned 1.63 acres near I-5, shopping, and schools.

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    Land
    Land

    2802 Mt Baker Highway, Bellingham, WA 98226

    $425,000
    2,000 sqft 5.00 AC lot

    Agricultural land / Farmland · 2,000 SF

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    Downtown Bellingham Class A Office
    Downtown Bellingham Class A Office

    1315 Cornwall Ave, Bellingham, WA 98225

    Contact for pricing
    24,165 sqft

    Class A office building in downtown Bellingham for sale.

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    Prime Restaurant/Retail Property For Sale
    Prime Restaurant/Retail Property For Sale

    1650 W Bakerview Rd, Bellingham, WA

    Contact for pricing
    4,960 sqft 0.80 AC lot

    Standalone property with high visibility and accessibility near airport.

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    Remodeled Light Industrial Space
    Remodeled Light Industrial Space

    710 Sunset Pond Lane, Unit B5, Bellingham, WA 98226

    $269,000
    1,080 sqft

    Centrally located 1080 SF light industrial space for sale.

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    Downtown Bellingham Office Building For Sale
    Downtown Bellingham Office Building For Sale

    215 Prospect St, Bellingham, WA 98225

    $2,500,000
    5,567 sqft 0.40 AC lot

    Downtown Bellingham office building with developable lot and bay views.

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    Industrial Warehouse with Excess Yard
    Industrial Warehouse with Excess Yard

    4350 Pacific, Bellingham, WA 98226

    $4,500,000
    30,000 sqft 8.26 AC lot

    Concrete tilt-up warehouse with 5 dock-high and 3 grade-level doors, plus office and mezzanine space on surplus land.

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    Downtown Bellingham Class A Building
    Downtown Bellingham Class A Building

    1501 Cornwall Ave, Bellingham, WA

    $1,950,000
    0.34 AC lot

    Class A building in downtown Bellingham with development potential.

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    Commercial Redevelopment Site with Kiosk
    Commercial Redevelopment Site with Kiosk

    4040 Meridian Street, Bellingham, WA 98226

    $1,200,000
    1.07 AC lot

    Fully improved site in the Planned Commercial zone with a former U.S. Bank kiosk-style building and interim use potential.

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    Industrial Space For Sale
    Industrial Space For Sale

    3610 Iron Gate Rd, Bellingham, WA 98226

    $325,000
    1,500 sqft

    1,500 SqFt industrial property available for purchase.

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    Bellingham, WA Commercial Real Estate Market Trends and Statistics

    Explore 87 commercial real estate for sale in Bellingham, WA, showcased through 87 active listings on our real estate platform. These investment opportunities span a total of 432,473 square feet of properties for sale, with an estimated market value of $111,324,512.

    Sale prices for business properties in Bellingham, WA start at $200,000, averaging $1,795,556, and reaching up to $6,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 130K
    Population Growth (5Y) +3.1%
    Median Household Income $75,629
    College Educated 38.9%

    High-Yield Neighborhoods for Investment

    Identify Bellingham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98226 $1.4M
    98225 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.81%
    Property Tax per SF $4.17 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Bellingham fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Bellingham, WA

    • 98225
    • 98226
    • 98229

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