$3,950,000
Est. $20,140/mo1205 Commercial Street, Bellingham, WA 98225
• Listed 2026-07-13•9 days on market
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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.
Listed by Troy C. Muljat • Muljat Group
Listing updated: July 13, 2026 at 04:18pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2552829
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1205 Commercial Street, Bellingham, WA 98225
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More homes in this area that match your range.
Bellingham is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: Days-on-market data not available for this area.
$569,500 Sold
2 weeks ago
5 bd•2.5 ba•~1,600 sq ft•Single Family
310 E Ivy Street, Bellingham, WA 98225
3%
Under list
—
Days on market
0.5 mi
Distance
$699,000 Sold
3 weeks ago
6 bd•2 ba•~1,584 sq ft•Single Family
1524 Iron Street, Bellingham, WA 98225
0%
Over list
—
Days on market
0.7 mi
Distance
$2,950,000 Sold
3 weeks ago
•Single Family
1306 Dupont Street, Bellingham, WA 98225
0%
Over list
—
Days on market
0.7 mi
Distance
$773,000 Sold
6 weeks ago
3 bd•1.5 ba•~1,768 sq ft•Single Family
1315 Astor Street, Bellingham, WA 98225
3%
Under list
—
Days on market
0.7 mi
Distance
$570,000 Sold
2 months ago
•Single Family
521 W Holly Street, Bellingham, WA 98225
19%
Under list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.