1200 Lakeway DR, Bellingham, WA 98229
1200 Lakeway DR, Bellingham, WA 98229
1200 Lakeway DR, Bellingham, WA 98229
9
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Listed by:Sun-Mark Real Estate Inc. • Azam Nader
$1,890,000
Est. payment /mo
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9,853 Sqft Lot
Active

1200 Lakeway DR Bellingham, WA 98229

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Puget

MLS Listing ID 2497276

Style 73 - Office

Year Built 1945

Lot Size 9,853 Sqft

Lot Dimensions 75x131

Property Sub-Type Commercial Industrial

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.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Ceramic Tile, Stone, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Metal/Vinyl, Wood

Roof Type Composition,Torch Down

Building

Sewer Available, Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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DJ Gee

DJ Gee

+1(253) 363-0413

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