Commercial properties for Sale in Bellingham, WA

Map of Bellingham Commercial real estate properties for Sale

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Bellingham Real Estate Market Trends

In January 2025, Bellingham home prices were down 4.7% compared to last year, selling for a median price of $653K. On average, homes in Bellingham sell after 45 days on the market compared to 36 days last year. There were 47 homes sold in January this year, up from 43 last year.

$652,500

Median Sale Price

47

# of Homes Sold

45

Median Days on Market

Everything You Need

A Guide To

Everything You Need

In Bellingham, WA


Bellingham, WA, renowned for its spectacular landscapes and wealth of outdoor activities, presents a compelling market for those interested in Bellingham commercial real estate for sale. This city, distinguished by its active community, rich history, and thriving craft breweries, offers a dynamic setting for commercial real estate investment, blending a peaceful natural setting with a robust, energetic urban life.

For entrepreneurs and investors exploring commercial real estate opportunities, the Buse Agency offers an extensive, map-based guide to navigate the diverse commercial landscape of Bellingham. This comprehensive guide provides detailed insights into Bellingham's historical background, educational institutions, various neighborhoods, and an array of local attractions, all with a focus on commercial real estate prospects. Highlighting the array of opportunities in Bellingham commercial real estate for sale, this resource is a valuable tool for both newcomers to commercial investment and seasoned professionals. Explore this guide to find the ideal commercial property in Bellingham's picturesque and lively setting, a city that blends business opportunities with a rich quality of life.

Bellingham, WA Commercial Real Estate FAQs

Bellingham commercial real estate includes office buildings, retail spaces, mixed-use properties, warehouses, industrial facilities, and land zoned for commercial development.

 

Prices vary widely depending on size, location, and property type. Smaller office or retail spaces may start around $200,000, while prime downtown buildings or industrial sites can sell for several million dollars.

Yes. With a growing population, Western Washington University, and a strong regional economy, Bellingham commercial real estate provides stable rental demand and long-term appreciation potential.

Downtown Bellingham is popular for retail and mixed-use properties, the Fairhaven district offers historic charm and foot traffic, while areas near I-5 and the Port of Bellingham are ideal for industrial and logistics facilities.

Bellingham’s commercial real estate market is fueled by healthcare, education, retail, tourism, and light manufacturing. Its proximity to the Canadian border also supports demand for logistics and cross-border trade properties.

Yes. Buyers can access SBA loans, conventional commercial loans, and private lending. Terms depend on property type, loan size, and business use. Local banks and credit unions are often active in Bellingham’s market.

Investors include local business owners, regional developers, and out-of-state buyers attracted to Bellingham’s strategic location between Seattle and Vancouver, B.C., and its strong rental market.

Why Invest in Bellingham Commercial Real Estate

A Growing Market with Strong Returns and Long-Term Potential

Bellingham’s thriving business ecosystem, strategic location, and consistent population growth make it one of Washington’s most promising commercial real estate markets. Whether you’re investing in retail, office, or mixed-use developments, Bellingham commercial real estate offers economic stability, flexibility, and a bright appreciation outlook.

As Bellingham’s population continues to expand, so does the demand for supporting businesses, retail centers, and professional services—creating opportunities across the Bellingham commercial real estate sector.

Compared to Seattle and other major metro areas, Bellingham commercial real estate remains competitively priced, allowing investors to acquire high-value assets with strong upside potential.

Anchored by sectors like healthcare, education, and tourism, Bellingham maintains a balanced and resilient economy. This solid foundation keeps its commercial market steady, even amid broader economic fluctuations.

From downtown office spaces and mixed-use developments to industrial and retail properties, Bellingham commercial real estate caters to a variety of investor goals and strategies.

With city-wide development initiatives, infrastructure upgrades, and a growing local workforce, Bellingham’s commercial property values are poised for consistent appreciation.

Positioned near the U.S.-Canada border and major transportation routes, Bellingham serves as a gateway for regional commerce—enhancing the appeal of its commercial real estate.

Bellingham’s revitalized downtown core attracts entrepreneurs, tech startups, and small businesses, driving demand for modern commercial spaces and adaptive reuse projects.

The city’s focus on sustainability aligns with growing demand for eco-friendly commercial buildings, positioning Bellingham commercial real estate as both profitable and future-ready.

A supportive business environment, combined with programs encouraging entrepreneurship and innovation, makes Bellingham a magnet for investors and business owners alike.

Historically, Bellingham commercial real estate has shown steady appreciation and stable rental yields—offering investors confidence in long-term profitability and resilience.

Work With Derek

Specializing in high end properties, sustainable builds, new construction, and vacant land, Buse Agency sets itself apart by providing an exceptional real estate experience.