$1,795,000
Est. $9,095/mo1200 Lakeway Drive, Bellingham, WA 98229
• Listed 2026-06-10•2 days on market
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Prime Commercial Opportunity on Lakeway Drive. Exceptional investment or owner-user opportunity in a high-visibility Lakeway Drive corridor, just minutes from I-5 and major retail centers. This well-maintained building features a recently remodeled interior and is fully occupied by nine established tenants, including medical, acupuncture, massage therapy, and counseling professionals and real estate office providing a stable and diversified income stream. Ideal for partial owner-occupancy, the property offers the flexibility to occupy a suite while generating income from eight existing tenants. Strong daily traffic counts exceeding 30,000 vehicles ensure outstanding exposure and consistent business visibility. High-demand commercial area, this property presents a rare opportunity to secure steady income with long-term growth potential.
Open houses
No upcoming open houses scheduled for this property.
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value1200 Lakeway Drive, Bellingham, WA 98229
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 10, 2026 at 09:15pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Azam Nader • Sun-Mark Real Estate Inc.
Listing updated: June 10, 2026 at 09:15pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2537994
Bellingham is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
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Over list
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Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.