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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 parking 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.

Attachments

Central_Flyer

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
5,567 SF
Building Class
C
Year Built
1912
Price
$1,995,000
Price Per SF
$358.36
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)
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 380330-094263-0000
  • 380330-098305-0000
  • 380330-114260-0000
Land Assessment
$788,796
Improvements Assessment
$720,129
Total Assessment
$1,508,925
  • Listing ID: 34430229

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 215 Prospect St, Bellingham, WA 98225

Contact the Sale Advisor

Downtown Commercial Building W/ Parking Lot | 215 Prospect St

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