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$1,999,999
2511642 MLS ⋅ ACTIVE Status
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

4777 Guide Meridian, Bellingham

Listing Broker: Windermere RE Whatcom, Inc.; Lorrie M. Dujmovich; 360-920-8952; lorriedujmovich@windermere.com

$579,900
2509624 MLS ⋅ ACTIVE Status
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.

905 Squalicum Way Unit #106, Bellingham

Listing Broker: Gage CRE; Tracy Carpenter; 360-303-2608; Tracy@gagecre.com

$639,000
2494035 MLS ⋅ ACTIVE Status
Warehouse condo units in highly desirable Iron Gate area. Unit #113 is NNN leased through Nov. 2028, and #112 is currently on M-M lease, offering opportunity for Owner-User to utilize one unit and have tenancy in 113. Each unit features 1,500 SF warehouse/storage space (3,000 SF total). Connected via interior man door. Units include heating/ insulation, and are plumbed for restroom. Shared Restroom at end of building (shared with entire building). 100-amp three phase power. Thickened footing to accommodate 25’ x 20’ mezzanine if desired, and 16’ wide by 14’ roll up door. 30’ wide by 50’ deep, with an average ceiling height of 20’. Built in October 2017. Exclusive parking in front of unit(s). Complex entry features Gated automatic security fence with code. Separately metered gas and electricity.

3610 Iron Gate Road Unit #112/11, Bellingham

Listing Broker: Gage CRE; Tracy Carpenter; 360-303-2608; Tracy@gagecre.com

$1,399,950
2491019 MLS ⋅ ACTIVE Status
Well-maintained 9,995 SF church property (originally built in 1973) featuring a modern detached multiuse building added in 2015. The property is now available as the congregation relocates to a new, larger campus. The current occupant would like to lease back the property for two years while their new location is under construction. The main building includes a sanctuary with seating for approximately 230, two restrooms plus an ADA-accessible restroom, multiple offices, nursery and preschool rooms, and flexible meeting areas. Many interior spaces feature updated paint and flooring, and HVAC systems have been recently upgraded, minimizing immediate capital needs. The newer multiuse building offers dedicated restrooms, upstairs office/storage space, and an efficient mini-split HVAC system. An ideal turn-key opportunity, the property’s convenient layout, well-maintained systems, and blend of traditional sanctuary space with contemporary multiuse facilities make this a rare find.

904 Nooksack Avenue, Nooksack

Listing Broker: Windermere RE Whatcom, Inc.; Jason Heutink; 360-305-9135; jasonheutink@windermere.com

$1,100,000
2490090 MLS ⋅ ACTIVE Status
An iconic piece of Bellingham’s culinary scene is ready for its next visionary owner. The Fork at Agate Bay is a destination dining experience of 2400 sq. ft., where refined cuisine, coastal ambiance, and impeccable hospitality come together in an unforgettable setting. Long established and consistently profitable, this acclaimed restaurant has collaborated with some of the Pacific Northwest’s most celebrated chefs and has been featured in Martha Stewart, The Crossing Guide, and other notable publications. Perfectly positioned in an irreplaceable waterfront locale, The Fork at Agate Bay draws loyal locals and traveling food enthusiasts alike. This rare offering includes both the thriving business and the underlying real estate; sold together; thus, creating a seamless opportunity to own not just a restaurant, but a legacy brand in one of Washington’s most beautiful settings. With 25+ parking spaces available, there is plenty of room to accommodate large parties and events.

2530 Northshore Road, Bellingham

Listing Broker: Windermere RE Whatcom, Inc.; Lorrie M. Dujmovich; ; lorriedujmovich@windermere.com

$1,200,000
2470635 MLS ⋅ ACTIVE Status
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.

4040 Meridian Street, Bellingham

Listing Broker: Windermere RE Whatcom, Inc.; Michael C. Kingsley; 360-223-3944; kingsley@windermere.com

$1,297,241
2468859 MLS ⋅ ACTIVE Status
Situated in Bellingham’s Commercial Core, this turn-key space is perfect for office or retail use. The building was remodeled recently and has a large kitchenette and ADA bathrooms. The main floor is mostly open with some private office space. The mezzanine level in the front has a large conference room that looks out onto Holly St. The mezzanine level at the back has several small offices and some open space. Great window exposure, lots of light, bring your ideas. Located across from Black Sheep and Camber. Excellent owner user opportunity or the investor looking for a long-term hold property. $7,622 pm net lease in place until 11-2-26 which can be bought out. The building does have a connection option at the back of the building to 1313 Commercial Street, a 19,156 sq ft office building, which is also for sale. Seller financing is available.

204 W Holly Street, Bellingham

Listing Broker: Pacific Continental Realty LLC; KC Coonc; ;

$335,000
2466047 MLS ⋅ ACTIVE Status
Flexspace North Condominium offers a well-located 2,200 SF unit with quick access to I-5. Each unit features two spacious bays, a bathroom with shower, a generous loft, and two overhead doors (14' x 14' and 9' x 8') for flexible access. Built with efficiency in mind, construction includes durable metal siding and roofing, high-quality insulation (R38 ceiling, R25 walls), 75,000 BTU heater, a fire sprinkler system, concrete floors, windows for natural light, utility sink, 50-amp RV outlet, and Comcast Business wiring. The complex provides over 50' wide aisleways for easy maneuvering, secure gated access via keypad or remote, and dedicated addresses with individual mailboxes.

1972 Baltic Way Unit #F-109, Ferndale

Listing Broker: Windermere RE Whatcom, Inc.; Dave Rehm; 360-961-5513; daverehm@outlook.com

$168,800
2425288 MLS ⋅ ACTIVE Status
Prime Corner Commercial Space in the Heart of Everson! Exceptional location w/ high-ceilings in a growing community. Full of natural light and inviting atmosphere. Landmark location offering excellent street frontage, two entrances (including charming French doors), 3 parking spots + city parking in back. Versatile & adaptable setting for a coffee shop, bakery, restaurant, dessert bar, tap room, art gallery, yoga studio, hair salon, flower shop, office...bring your ideas! The property is equipped w/ 220V power, natural gas, multiple sinks, & restroom. Potential to add a second floor living space or a stunning rooftop patio. Affordable & distinctive property is ready for your growing business vision today!

102 Everson Rd, Everson

Listing Broker: Keller Williams Western Realty; Nick Berard; 360-770-3245; nickberard@kw.com

$1,995,000
2321455 MLS ⋅ ACTIVE Status
First time on market since 1987, an incredibly rare offering to own or occupy Bellingham downtown property facing the bay with unimpeded bay views and sunsets – 5,567 SF office building with separate 14,180 SF parking lot in Downtown Bellingham. Incredible location, with City Hall, Court house, Post office and Public Library within three blocks. Currently, the buildable lot is dedicated to parking for 25 cars and is comprised of 2 separate parcels. The Building houses two law offices, plus two additional rentable suites. All with separate entrances (two front, two rear) and 3 HVAC systems that service the space. This building is suitable for single tenant or can be configured for multi-tenancy.

215 Prospect Street, Bellingham

Listing Broker: Gage CRE; Tracy Carpenter; 360-303-2608; Tracy@gagecre.com

$950,000
2245504 MLS ⋅ ACTIVE Status
Rare development site with cool 1958 Mid-Century Modern, 4,400 sq ft office building. In the Opportunity Zone and the Downtown District Urban Village, zoned RT-1. See BMC 20.37.520 for all uses. The attached plans for a 4 story, 47 unit building have neighborhood review + initial design review done! Feasibility work done by AVT Consulting. Plans by Sergio @ Grinstad & Wagner. Building currently being used as an office + storage. With Bay/City views + close to Downtown and WWU, the Sehome neighborhood has lower vacancy rates + higher rents than most. Fourteen parking spaces with 2 driveways. Two addresses 1126 + 1130 N Forest & two tax IDs #3803302140040000 + 3803302050050000. Buyer to verify all. Owner financing possible, ask about terms.

1126 N Forest Street, Bellingham

Listing Broker: Hammer Properties NW Inc.; Nikki Quinn; 360-303-5809; nqhammer@gmail.com

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