We represent buyers and sellers of commercial real estate in Bellingham and Whatcom County, including apartment buildings, industrial properties, offices, retail buildings and commercial land. We help clients evaluate pricing, property condition, income and expenses, and comparable sales before deciding how to approach a purchase or sale.
Read our Q3 2026 Bellingham Commercial Real Estate Market Report for recorded sale prices, sales by property type and a closer look at where properties sold.
For Sale Now in Bellingham
Current Listings
Updated directly from the MLS
Be first to see new listings
New commercial properties for sale in Bellingham, sent to your inbox as soon as they hit the market.
Thank you! I'll send new Bellingham commercial listings straight to your inbox.
Bellingham Commercial Real Estate For Sale
Bellingham has commercial property across many types and sizes, from small office and retail buildings to warehouses, apartment buildings and commercial land.
For sale now: Office, retail, industrial and land properties for sale in Bellingham are shown below, updated directly from the MLS. Apartment buildings are shown on our Bellingham apartment buildings page.
Is Bellingham a good commercial real estate market?
It depends on the property and your plans. In the 12 months ending October 2026, 140 commercial properties sold in Bellingham, according to Whatcom County Assessor’s Office records, so buyers and sellers have recent sales to compare. A good purchase comes down to price, income and expenses, condition and location.
Bellingham Commercial Market at a Glance · Past 12 Months
Source: Whatcom County Assessor’s Office, sales of $100,000+.
Shop and flex condos, small industrial buildings and duplexes to fourplexes sold most often in Bellingham over the past year, and the median commercial sale was about $800,000. Irongate, downtown Bellingham and the Roosevelt and Kentucky Street area were the busiest locations.
See our latest Bellingham commercial real estate market update.
Commercial properties for sale in Bellingham may include apartment buildings, industrial buildings, warehouse buildings, retail centers, office buildings, commercial land, hotels, motels, mobile home parks, and mixed-use investment property.
Bellingham’s location near Interstate 5, the Canadian border, the Port of Bellingham, and Bellingham International Airport continues to support long-term commercial growth across multiple sectors.
Commercial Areas in Bellingham
Bellingham’s commercial property is spread across several areas, each with its own mix of buildings.
| Area | What’s there | Sales, past 2 years | Median sale |
|---|---|---|---|
| Downtown Bellingham | Retail, office and mixed-use buildings | 34 | $1.24M |
| Irongate and Hannegan Road | Shop condos, flex buildings and light industrial | 29 | $370K |
| Sunset Drive and Iowa Street | Shop condos, retail and offices near I-5 | 24 | $713K |
| Meridian and Bellis Fair | Retail, office and apartment properties along the Guide Meridian | 19 | $2.6M |
| Bakerview and the airport | Hangars, offices and light industrial | 17 | $247K |
| Barkley Village | Offices, shop condos and small multifamily | 13 | $350K |
| Fairhaven | Retail and mixed-use buildings, plus apartments | 12 | $1.68M |
| Old Town and the waterfront | Retail and office buildings | 11 | $1.6M |
| Near WWU and Samish Way | Apartment buildings, plus hotels and motels | 7 | $4.9M |
Source: Whatcom County Assessor’s Office, sales of $100,000+, October 2024 to October 2026. Duplexes through fourplexes are not included.
Roeder Avenue and the waterfront: Marine and industrial properties near the Port of Bellingham, with a mix of waterfront buildings, warehouses and properties serving marine businesses.
Marine Drive: Storage facilities, industrial buildings and commercial properties along the Marine Drive corridor.
Squalicum Parkway and the hospital area: Medical offices, professional buildings and office condos near PeaceHealth St. Joseph Medical Center.
Commercial Property Types in Bellingham
Tap a property type to see current listings and local details.
Looking beyond Bellingham? See commercial real estate across Whatcom County.
Office Buildings & Professional Buildings
Bellingham continues to see steady activity in the office market, especially for well-located professional and medical office properties.
Medical and dental office buildings remain in demand near Cordata, Barkley Village, and Sunset corridors.
Professional office properties for law firms, accounting firms, financial services, design businesses, and other owner-users continue attracting interest in Downtown Bellingham and Fairhaven.
Established office locations including Barkley Village, Crown Plaza, and the Bellingham National Bank Building remain recognizable commercial centers within the local market.
In Q3 2026, all three Bellingham office sales were office condos, selling from $350,000 to $580,000.
Retail Commercial Real Estate
In Q3 2026, six Bellingham retail, restaurant and bank buildings sold, from $350,000 to $6,300,000, with the most activity downtown and along Cornwall Avenue.
North Bellingham continues attracting national retailers and restaurants including Trader Joe’s, Texas Roadhouse, and Chipotle, signaling confidence in long-term growth.
Bakerview Road, Meridian, Sunset Square, and Cordata remain active retail and restaurant corridors.
Downtown Bellingham and Fairhaven continue attracting boutique retail, restaurants, service businesses, and mixed-use commercial interest.
Shopping centers with established anchor tenants continue attracting investor attention.
Industrial & Warehouse Property
Industrial real estate remains one of the strongest commercial sectors in Bellingham.
Warehouse buildings, industrial condos, flex buildings, manufacturing properties, and owner-user industrial opportunities continue attracting buyers throughout Irongate Business Park, airport industrial corridors, Cordata, and Port of Bellingham commercial areas.
In Q3 2026, nine Bellingham industrial, warehouse and storage properties sold, from a $185,000 airport hangar to the $7,995,000 Marine Drive storage sale.
Bellingham’s access to Interstate 5, the Port of Bellingham, Bellingham International Airport, and the BNSF rail corridor adds long-term value for industrial users and commercial investors.
Multifamily Investment Property
Multifamily properties continue attracting investors looking for stable income-producing assets throughout Bellingham and greater Whatcom County.
Duplexes to fourplexes led our Q3 2026 report with 11 of 32 sales and a median of $650,000. Two apartment buildings with five or more units also sold.
Frequently Asked Questions About Bellingham Commercial Real Estate
How much does commercial real estate cost in Bellingham?
In the 12 months ending October 2026, the median commercial sale in Bellingham was about $800,000. Prices vary by property type, size and location. See current listings on this page, or call us at (360) 223-4501 for current options.
Are small commercial properties for sale in Bellingham?
Yes. Small commercial properties for sale in Bellingham include retail buildings, office buildings, shop buildings and mixed-use buildings, along with duplexes to fourplexes for investors. Call us at (360) 223-4501 and we will let you know what is available.
How do Josh and Jolene help commercial buyers and sellers in Bellingham?
We are commercial real estate agents with over 25 years of experience helping clients buy and sell apartment buildings, industrial and warehouse properties, office buildings, retail properties and commercial land. We publish commercial market reports and bring decades of local knowledge, current market insight and careful analysis to every transaction. Call us at (360) 223-4501 to discuss your property or next investment.
What types of commercial properties are for sale in Bellingham?
Commercial listings in Bellingham may include office buildings, retail centers, industrial buildings, warehouse buildings, apartment buildings, hotels, commercial land, and mixed-use investment opportunities.
What does commercial property cost in Bellingham?
In the 12 months ending October 2026, the median commercial sale in Bellingham was about $800,000. Shop, flex and storage condos typically sold for about $280,000 to $525,000, duplexes to fourplexes for about $620,000 to $1.2 million, office buildings for a median of about $1.2 million, industrial buildings for a median of about $1.55 million and retail buildings for a median of about $2.05 million, according to public records. Price comes down to size, location, zoning and income. Call us at (360) 223-4501 for a price review of a specific property.
Is industrial real estate strong in Bellingham?
Yes. Industrial remains one of the strongest commercial sectors, with continued demand for warehouse buildings, industrial condos, manufacturing buildings, and owner-user opportunities.
Where is the best commercial real estate in Bellingham?
Popular commercial areas include Downtown Bellingham, Fairhaven, Barkley Village, Cordata, Irongate, the airport corridor, and Port of Bellingham business districts.
Can investors buy multifamily property in Bellingham?
Yes. Apartment buildings and multifamily investment properties continue attracting investors seeking income-producing commercial assets.
Are commercial buildings for sale in Bellingham?
Yes. Commercial buildings for sale in Bellingham include office buildings, retail centers, warehouses, mixed-use buildings and special-purpose properties. Current listings are shown above, and new ones come to market regularly.
Do churches and special-purpose buildings come up for sale in Bellingham?
Yes. Churches, schools and other special-purpose buildings come to market from time to time. Zoning and allowed uses matter a great deal with these properties, so we review both with buyers before an offer.
Where is commercial property for sale in Bellingham?
Commercial property for sale in Bellingham is found downtown, in Irongate and along Hannegan Road, on Sunset Drive and Iowa Street, around Meridian and Bellis Fair, in Barkley Village and Fairhaven, near WWU and Samish Way, in Old Town and on the waterfront, and near Bakerview Road and the airport. Downtown Bellingham, Irongate and Sunset Drive have the most commercial sales over the past two years.
Why Work With Josh and Jolene
Josh and Jolene are Bellingham commercial real estate brokers helping buyers, sellers, investors, and business owners navigate office, retail, industrial, multifamily, land, and investment opportunities throughout Northwest Washington.
We help clients buy, sell and invest in commercial property throughout Bellingham and Whatcom County.
See some of the apartment buildings, industrial properties and retail buildings we have sold on our Featured Commercial Sales page.
We combine local market knowledge, commercial marketing strategy, and targeted exposure to help clients position properties effectively and identify strong opportunities.
Call us at (360) 223-4501 to talk about buying or selling commercial property in Bellingham.
Bellingham Commercial Real Estate Video
Bellingham ZIP Codes98225, 98226, 98229
Helpful LinkVisit Bellingham
