About this home

A rare investment opportunity in the heart of Downtown Bellingham’s Commercial Core, offering two buildings on one of the city’s most walkable blocks just minutes from the Waterfront District, Waypoint Park, and Western Washington University. The buildings feature strong visibility, premium signage exposure, and ground-floor commercial space. Plus, 1215 includes a full basement level ideal for storage, inventory, or back-of-house use. Paved on-site lots plus street parking in front of both buildings add further appeal for tenants and customers alike. Experience flexibility to lease up a diverse tenant mix or explore future redevelopment potential. The property’s Urban Village zoning supports a wide range of income-producing possibilities. This is a great choice for investors seeking scale, flexibility, and long-term upside in one of Bellingham’s most vibrant neighborhoods.

Property details

Water source: Public
Sewer: Sewer Connected

Costs

Annual taxes: $24,074 (2026)

Estimate your monthly payment

$21,980/mo

Principal & interest: $19,973
Property taxes: $2,006

Down payment (20%) $790,000 Interest rate (%) Loan term (years)

Loan amount $3,160,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Bellingham, WA 98225

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Muljat Group— Troy C. Muljat.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.