$1,795,000
Est. $9,095/mo1200 Lakeway Drive, Bellingham, WA 98229
• Listed 2026-06-10•2 days on market
Talk to a local RexMont expert
Avg response under 5 mins
Prime Commercial Opportunity on Lakeway Drive. Exceptional investment or owner-user opportunity in a 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, including medical, acupuncture, massage therapy, and counseling professionals and real estate office providing a stable and diversified income stream. Ideal for partial owner-occupancy, the property offers the flexibility to occupy a suite while generating income from eight existing tenants. Strong daily traffic counts exceeding 30,000 vehicles ensure outstanding exposure and consistent business visibility. High-demand commercial area, this property presents a rare opportunity to secure steady income with long-term growth potential.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
See more →
Open Sun, Jun 14RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value1200 Lakeway Drive, Bellingham, WA 98229
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$10,890 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.
$1,450,000
312 N State Street #101, Bellingham, WA 98225
Greg Rankich · Realogics Sotheby's Int'l Rlty
$2,500,000
472 S State Street #204, Bellingham, WA 98225
Lynda L. Hinton · Windermere RE Whatcom, Inc.
$980,000
1134 Finnegan Way #201, Bellingham, WA 98225
Krista Kenner · COMPASS
$900,000
5028 Aldrich Road, Bellingham, WA 98226
Alex Stredicke · Windermere RE Whatcom, Inc.
$1,049,000
1409 Marietta Avenue, Bellingham, WA 98226
Jerry L. Blankers · Muljat Group
$1,499,000
1409 Marietta Avenue, Bellingham, WA 98226
Jerry L. Blankers · Muljat Group
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 10, 2026 at 09:15pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Listed by Azam Nader • Sun-Mark Real Estate Inc.
Listing updated: June 10, 2026 at 09:15pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2537994
Open Sun, Jun 14 +1Open Sun, Jun 14Open Sun, Jun 14Open Sun, Jun 14Open Sun, Jun 14Open Sun, Jun 14Open Sun, Jun 14Bellingham is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$964,950 Sold
4 months ago
4 bd•2.5 ba•~2,260 sq ft•Single Family
1146 Whidbey Street, Bellingham, WA 98229
1%
Under list
—
Days on market
0.8 mi
Distance
$543,999 Sold
4 months ago
3 bd•1.5 ba•~1,500 sq ft•Single Family
842 Woodbine Way, Bellingham, WA 98229
1%
Under list
—
Days on market
1.0 mi
Distance
$55,000 Sold
6 months ago
2 bd•1 ba•Single Family
1200 Lincoln Street #196, Bellingham, WA 98229
0%
Over list
—
Days on market
0.3 mi
Distance
$1,105,274 Sold
6 months ago
4 bd•2.5 ba•~2,864 sq ft•Single Family
1142 Whidbey Street, Bellingham, WA 98229
2%
Over list
—
Days on market
0.8 mi
Distance
$730,000 Sold
6 months ago
4 bd•2 ba•~1,850 sq ft•Single Family
2525 Fireweed Lane, Bellingham, WA 98229
3%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
