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Office Building with Bank Vaults
For Sale
$4,269,366

1331 Commercial St, Bellingham, WA 98225

Flexible workspace includes private offices, conference rooms, a kitchen, elevator, fiber connectivity, and sprinkler protection.

Property SizeContact for details
Days on Market23

Property Features for 1331 Commercial St

General Information

Standard status Active
Total Parking Spaces 12
Elevators Yes

Additional Details

Sprinkler System Yes

Amenities

fiber
conference rooms
kitchen
original bank vaults

Building Details

Buildings 1
Listing Agency: Pacific Continental Realty LLC
Listed By: KC Coonc · License #17357
Source: Hanshagmeier
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 30 at 8:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Continental Realty LLC

Investment Insights

Based on property information with market context.

This former bank property at 1331 Commercial St offers an adaptable office configuration in Bellingham’s Commercial Core. The interior combines open workspace with multiple private offices, conference rooms, a kitchen, and original bank vaults. Building systems include fiber connectivity, full sprinkler coverage, and an elevator. Twelve on-site parking spaces are included.

A net lease remains in place through November 2, 2026, with a buyout option. Additional parking is available at the Commercial Street Parking Garage across the street and in multiple nearby parking lots. The property may also be combined by skybridge with the 19,800-square-foot office building at 1323 Commercial St., creating nearly 35,000 square feet of office space; that adjoining building is also offered for sale.

Key Highlights

  • Former bank building with original bank vaults
  • Open floor plan with multiple private offices and conference rooms
  • Fiber connectivity, full sprinkler system, and elevator

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Tanning Salon Mobile Phone Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

3,642
Businesses Nearby

Demographics for 98225, WA

49,078
Population
24,202
Households
2
Avg Household Size
31
Median Age
48%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
3,895
Density / Sq Mi
$62,220
Median Household Income
$33,122
Median Earnings
$1,430
Median Rent
$588,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible workspace includes private offices, conference rooms, a kitchen, elevator, fiber connectivity, and sprinkler protection.
Where is this office building located?
The property is located at 1331 Commercial St Bellingham, WA.
What is the asking price?
The asking price for this property is $4,269,366.
What are key features of this property?
This property features: Former bank building with original bank vaults; Open floor plan with multiple private offices and conference rooms; Fiber connectivity, full sprinkler system, and elevator
More about this property
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