Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    520 Birchwood Ave Bellingham, WA 98225

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Medical Office Suites - Whatcom County

    Lot size:
    2,760 SF

    Property Features for 520 Birchwood Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,760 SF
    Total Rate
    6900

    Spaces For Lease

    at 520 Birchwood Ave, Bellingham, WA 98225 Contact us
    Unit 500C

    $30 /Mo

    Size
    2,145 SF
    Contact us
    Unit 500B

    $30 /Mo

    Size
    1,135 SF
    Contact us

    We can help!

    Listing Contact
    Kc Coonc
    Kc Coonc

    Listing Agency: Pacific Continental Realty LLC Listing Agent: Kc Coonc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Exceptional opportunity to lease medical office space at the Birchwood Medical Center in Whatcom County. This 2,760 square foot building offers two available suites, ranging from 1,135 to 2,145 square feet, providing flexibility for various medical practices. The entire building is currently vacant, presenting a unique chance to establish a presence in a desirable location. The property boasts a spacious waiting room, a dedicated reception area, and ample open space for efficient workflow. Individual private offices ensure patient privacy and confidentiality. Additional amenities include a convenient break room with a bathroom, a separate patient bathroom, and a designated lab area. Its strategic proximity to Interstate 5 ensures easy accessibility for both patients and staff, complemented by abundant on-site parking. This turnkey medical office space is ideally suited for a variety of healthcare professionals seeking a well-equipped and conveniently located practice. The building's layout and features are designed to optimize functionality and patient comfort. Don't miss this chance to secure a prime medical office location in a thriving area. Contact us today to schedule a viewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bellingham Foot & Ankle ... Medical Clinic Nathan L Larson, ... Physician Geoffrey Mcallister Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.4784719
    Latitude
    48.7773612

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Barkley Village

      Meet, work or collaborate in our professional Columbia Center business center
      2219 Rimland Dr, Bellingham, WA 98226
      View Details
    • $15 SF/Yr

      Mykonos Greek

      Premium Bellingham High Traffic Restaurant
      1650 W Bakerview Rd, Bellingham, WA 98226
      View Details
    • $400 /Mo
      92 SF

      Medical Office Space Available

      Medical office space for lease in wellness clinic.
      102-104 Ohio St, Bellingham, WA 98225
      View Details
    • $27 SF/Yr
      2,263 SF

      Office Suite with Shared Space

      Second floor office suite with shared kitchen space available for rent.
      2211 Rimland Dr, Bellingham, WA 98226
      View Details
    • $18 SF/Yr
      4,500 SF

      Turn-Key Office or Retail Space

      Remodeled office or retail space in a central downtown location.
      204 W Holly St, Bellingham, WA 98225
      View Details
    • $11 SF/Yr
      4,860 SF

      Updated Warehouse/Retail Space Available

      Unique, updated 4860 SF warehouse/retail space near downtown Bellingham.
      1421 N Forest St, Bellingham, WA 98225
      View Details
    • $16 SF/Yr
      1,221 SF

      Fairhaven Retail Space For Rent

      Charming 1221 SF retail unit in the heart of Fairhaven.
      1315 11Th St, Bellingham, WA 98225
      View Details
    • $19 SF/Yr
      2,000 SF

      Retail Space in Blossom Commons

      Retail space available in a busy shopping center.
      115-159 W Kellogg Rd, Bellingham, WA 98226
      View Details
    • $3,250 /Mo
      4,000 SF

      Downtown Bellingham Open Studio Space

      4,000 SF open space suitable for fitness or studio.
      1412 Cornwall Ave, Bellingham, WA 98225
      View Details
    • $1,000 /Mo
      1,332 SF

      Prime Retail Space Available

      Highly visible retail space in a thriving commercial corridor.
      2025 James St, Bellingham, WA 98225
      View Details
    • $30 SF/Yr
      1,200 SF

      Retail Space Near Western University

      Retail space with high foot traffic and parking.
      141 S Samish Way, Bellingham, WA 98225
      View Details
    • $3,653 /Mo
      1,537 SF

      Fairhaven Office Space with Parking

      Professional office space in a highly visible, central location.
      1514 12Th St, Bellingham, WA 98225
      View Details

    FAQs

    What type of property is this?
    Medical office - Medical Office Suites - Whatcom County
    Where is this medical office located?
    The property is located at 520 Birchwood Ave Bellingham, WA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 2,760 SF medical office building in Whatcom County.; Fully vacant, offering 2,760 SF of flexible space.; Multiple suites available, ranging from 1,135 SF to 2,145 SF.
    (360) 671-5000 Call to check price and availability
    Request Owner's contact information
    520 Birchwood Ave Bellingham, WA 98225
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    520 Birchwood Ave
    Bellingham, WA 98225
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 Birchwood Ave Bellingham, WA 98225
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kc Coonc
    Kc Coonc
    Real Estate License ID: 17357
    (360) 671-5000 (360) 305-9977 (360) 671-4200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!