1200 Lakeway Drive, Bellingham, Washington 98229

WA, Bellingham
$1,890,000
  • 0.23 Acre
  • Commercial Sale Property Type
  • 1945 Year Built
  • Active Status
Property Description

Prime commercial opportunity in the high-visibility Lakeway Drive corridor, just minutes from I-5 and major retail centers. This well-maintained building features a recently remodeled interior and is fully occupied by nine established tenants, consisting primarily of medical and wellness professionals. Current occupants include acupuncture, massage therapy, counseling services, and other healthcare-related providers, creating a cohesive and in-demand tenant mix. All units are leased, providing immediate and consistent cash flow with no vacancy. The strong concentration of medical and wellness tenants supports long-term stability and reliable occupancy. The property benefits from daily traffic counts exceeding 30,000 vehicles, offering excellent exposure and visibility. A valuable parking easement to the south enhances accessibility and convenience for both clients and staff. Located in a thriving, high-demand commercial area, this property offers steady income with long-term growth potential. Excellent visibility, a strong tenant base, and consistent income history make this a standout investment opportunity.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2497276
  • Price: $1,890,000
  • Year Built: 1945
  • Lot Area: 0.23 Acre
  • Status: Active
  • Office Name: Sun-Mark Real Estate Inc.
  • Agent Name: Azam Nader
  • Property Sub Type: Commercial Industrial
  • Roof: Composition, Torch Down
Features
  • Heating System Forced Air, Baseboard, Wall Furnace
  • Cooling System Forced Air, Ductless, Wall Unit(s)
  • Exterior Features Metal/Vinyl, Wood, Brick
  • Flooring Ceramic Tile, Stone, Carpet
  • Sewer Sewer Connected, Available
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Bellingham
  • Zipcode 98229
  • Street: Lakeway
  • Street Number: 1200
  • Street Suffix: Drive
  • Longitude: W123° 32' 25.7''
  • Latitude: N48° 44' 40.7''
  • Directions: I-5 exit 253, East on Lakeway Drive, SE corner of Lakeway Drive and Nevada Street
  • Mls Area Major: 860 - Bellingham
Additional Information
  • Lot Size Dimensions: 75x131
  • Water Source: Public
  • Possible Use: Business,Commercial,Office
  • On Market Date: 2026-04-13
  • Foundation Details: Poured Concrete, Block
  • Construction Materials: Metal/Vinyl, Wood, Brick
Listing Information
  • List Agent Mls Id: 19282
  • List Office Mls Id: 9807
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-04-23T12:10:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-13T20:54:35Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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