106-905 Squalicum Way Bellingham, WA 98225
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.