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Listed by:Sun-Mark Real Estate Inc. • Azam Nader
$1,890,000
Est. payment /mo
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 opportunity in the 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, consisting primarily of medical and wellness professionals. Current occupants include acupuncture, massage therapy, counseling services, and other healthcare-related providers, creating a cohesive and in-demand tenant mix. All units are leased, providing immediate and consistent cash flow with no vacancy. The strong concentration of medical and wellness tenants supports long-term stability and reliable occupancy. The property benefits from daily traffic counts exceeding 30,000 vehicles, offering excellent exposure and visibility. A valuable parking easement to the south enhances accessibility and convenience for both clients and staff. Located in a thriving, high-demand commercial area, this property offers steady income with long-term growth potential. Excellent visibility, a strong tenant base, and consistent income history make this a standout 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
"Three Trees" icon indicates a listing provided courtesy of NWMLS.