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Downtown Commercial Building W/ Parking Lot 215 Prospect St 5,567 SF Office Building Bellingham, WA 98225 $2,500,000 ($449.07/SF)
EXECUTIVE SUMMARY
First time on market since 1987, an incredibly rare offering to own or occupy Bellingham downtown property facing the bay with unimpeded bay views and sunsets – 5,567 SF office building with separate 14,180 SF developable lot in Downtown Bellingham. Incredible location, with City Hall, Court house, Post office and Public Library within three blocks. Currently, the buildable lot is dedicated to parking for 25 cars and is comprised of 2 separate parcels. The Building houses two law offices, plus two additional rentable suites. All with separate entrances (two front, two rear) and 3 HVAC systems that service the space. This building is suitable for single tenant or can be configured for multi-tenancy.
Natural light permeates from the windows at both ends of the building and 6 large sky lights through out.
Flexible floor plan, with mix of open space and private office. Abundant storage. Central downtown Bellingham location offers incredible walkability and infrastructure access to new bike lanes & transit lines.
Natural light permeates from the windows at both ends of the building and 6 large sky lights through out.
Flexible floor plan, with mix of open space and private office. Abundant storage. Central downtown Bellingham location offers incredible walkability and infrastructure access to new bike lanes & transit lines.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
5,567 SF
Building Class
C
Year Built
1912
Price
$2,500,000
Price Per SF
$449.07
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,567 SF
Building FAR
0.28
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
27 Spaces (4.85 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $727,767 (2024) | |
| Land Assessment | $737,180 (2024) | Total Assessment | $1,464,947 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$737,180 (2024)
Improvements Assessment
$727,767 (2024)
Total Assessment
$1,464,947 (2024)
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Downtown Commercial Building W/ Parking Lot | 215 Prospect St
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