MLS #2497276 / Listing provided by NWMLS & Sun-Mark Real Estate Inc..
$1,890,000
1200 Lakeway Drive
Bellingham,
WA
98229
Year Built
Prime commercial opportunity in a high-visibility Lakeway Dr corridor, just minutes from I-5 and major retail centers. This well-maintained building features a recently remodeled interior and is fully occupied by 9 established tenants, including medical professionals, a long-standing chiropractic office (45+ years), acupuncture, massage therapy, counseling services, and a real estate office—providing a stable and diversified income stream. Unit 3 (chiropractic office) will be vacant as of April 30 and is intentionally being held open for a potential owner-user. This presents an excellent opportunity for a medical professional, chiropractor, or related business to occupy space while benefiting from income generated by the remaining 8 tenants. Ideal setup for partial owner-occupancy with immediate revenue in place. The property benefits from strong daily traffic counts exceeding 30,000 vehicles, delivering outstanding exposure and visibility for tenants and businesses. Additional features include a valuable parking easement to the south, enhancing accessibility and convenience for both clients and staff. Located in a thriving, high-demand commercial area, this property offers a rare opportunity to secure steady income with long-term growth potential, along with flexibility for an owner-user in a prime location. Excellent visibility, strong tenant mix, and consistent income history make this a standout investment opportunity.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 0
Structure
- Roof: Composition, Torch Down
- Exterior Features: Brick, Metal/Vinyl, Wood
- Foundation: Block, Poured Concrete
Lot Details
- Acres: 0.2262
- Foundation: Block, Poured Concrete
Lot Details
- Acres: 0.2262
- Foundation: Block, Poured Concrete
Power
- Energy Source: Electric, Natural Gas
- Power Company: Puget Sound Energy
Water, Sewer, and Garbage
- Sewer Company: City of Bellingham
- Sewer: Available, Sewer Connected
- Water Company: City of Bellingham
- Water Source: Public
Amber Jensen
Broker | REALTOR®
Send Amber Jensen an email