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Executive Summary

Beautifully renovated and turnkey office space in the heart of Downtown. Situated across from the Commercial Street parking garage this location gives employees the opportunity to enjoy restaurants, shopping and entertainment just steps from work. With a combination of open-floor space and private offices, this building is sure to cover all the needs of an evolving business. A large conference room, exercise room, large kitchen and reception fulfill all possible needs. The building has both street and alley access, as well as skylights for lots of natural light. This is a great opportunity for an expanding local company or a company relocating from out of town. $37,512 pm net lease in place until 11-2-26 which can be bought out. Building has a connection option to 204 W Holly, a 4,500 sq ft office/retail building, that is also for sale.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
19,156 SF
Building Class
C
Year Built/Renovated
1929/1993
Price
$5,522,212
Price Per SF
$288.28
Cap Rate
8.15%
NOI
$450,060
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
9,578 SF
Building FAR
2.93
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CC - Commercial Core
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
380330-152170-0000
Land Assessment
$418,894
Improvements Assessment
$989,191
Total Assessment
$1,408,085
  • Listing ID: 39158539

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 1313 Commercial St, Bellingham, WA 98225

Contact the Sale Advisor

1311-1315 Commercial Street | 1313 Commercial St

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