This listing courtesy of Azam Nader , Sun-Mark Real Estate Inc.
$1,890,000

1200 Lakeway Drive, Bellingham, WA 98229

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon9,853sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime commercial investment opportunity in the high-visibility Lakeway Drive corridor, just minutes from I-5 and major retail centers. This well-maintained, fully occupied building features a recently remodeled interior and is leased to nine established tenants, primarily consisting of medical and wellness professionals. Current occupants include acupuncture, massage therapy, counseling services, and other healthcare-related providers, creating a cohesive and highly desirable tenant mix. With 100% occupancy and all units leased, the property offers immediate and stable cash flow with no current vacancy. The strong concentration of healthcare and wellness tenants supports long-term occupancy and investment stability. The property benefits from exceptional exposure along Lakeway Drive with daily traffic counts exceeding 30,000 vehicles. A valuable parking easement to the south enhances accessibility and convenience for both clients and staff. Situated in a thriving commercial corridor with strong surrounding retail and service businesses, this property presents an outstanding opportunity for investors seeking dependable income and long-term appreciation potential. Excellent visibility, strong tenant retention, stable income history, and a fully occupied tenant roster make this a standout commercial investment opportunity.

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 4:20AM
Listing Office:
Sun-Mark Real Estate Inc. : 360-733-3700
Listing Agent:
Azam Nader : 360-733-3700
MLS ID:
2497276
  • Flooring: Ceramic TileStoneCarpet
  • A/C: DuctlessForced AirWall Unit(s)
  • Heating: BaseboardForced AirWall Furnace
  • Fireplace: Fireplaces: 0
  • General: BrickMetal/VinylWood
  • Parking: Parking spaces: 0
  • Roofing: CompositionTorch Down
  • General: 73 - OfficeBlockPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • County: Whatcom
  • Topography: Level
  • Zoning: 3803321235060000
  • Water: Public
  • Sewer: AvailableSewer Connected
  • Source: nwmls

This listing courtesy of Azam Nader , Sun-Mark Real Estate Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby

1232 N State Street, Bellingham, WA 98225
Commercial Property

$1,650,000

1232 N State Street Bellingham, WA 98225

#2523536 - Saratoga Commercial R.E.

1006 Harris Avenue, Bellingham, WA 97225
Commercial Property

$2,200,000

1006 Harris Avenue Bellingham, WA 97225

#2434338 - Saratoga Commercial R.E.

1501 Cornwall Avenue, Bellingham, WA 98225
Commercial Property

$1,950,000

  • 0.34 acre lot
1501 Cornwall Avenue Bellingham, WA 98225

#2492541 - Windermere RE Whatcom, Inc.

2034 Franklin Street, Bellingham, WA 98225
Commercial Property

$2,000,000

  • 0.67 acre lot
2034 Franklin Street Bellingham, WA 98225

#2403830 - Saratoga Commercial R.E.

2694 Roeder Avenue, Bellingham, WA 98225
Commercial Property

$1,600,000

  • 1.32 acre lot
2694 Roeder Avenue Bellingham, WA 98225

#2034085 - Windermere Real Estate Whatcom

Presented by Veterans United Realty