About 1200 Lakeway Drive
Prime commercial opportunity in the 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, consisting primarily of medical and wellness professionals. Current occupants include acupuncture, massage therapy, counseling services, and other healthcare-related providers, creating a cohesive and in-demand tenant mix. All units are leased, providing immediate and consistent cash flow with no vacancy. The strong concentration of medical and wellness tenants supports long-term stability and reliable occupancy. The property benefits from daily traffic counts exceeding 30,000 vehicles, offering excellent exposure and visibility. A valuable parking easement to the south enhances accessibility and convenience for both clients and staff. Located in a thriving, high-demand commercial area, this property offers steady income with long-term growth potential. Excellent visibility, a strong tenant base, and consistent income history make this a standout investment opportunity.
Features of 1200 Lakeway Drive
| MLS® # | 2497276 |
|---|---|
| Price | $1,890,000 |
| Bathrooms | 0.00 |
| Acres | 0.23 |
| Year Built | 1945 |
| Type | Commercial Sale |
| Sub-Type | Commercial Industrial |
| Status | Active |
Community Information
| Address | 1200 Lakeway Drive |
|---|---|
| Area | 860 - Bellingham |
| Subdivision | Puget |
| City | Bellingham |
| County | Whatcom |
| State | WA |
| Zip Code | 98229 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard, Forced Air, Wall Furnace |
|---|---|
| Cooling | Ductless, Forced Air, Wall Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Brick, Metal/Vinyl, Wood |
|---|---|
| Foundation | Block, Poured Concrete |
Additional Information
| Days on Market | 28 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Sun-Mark Real Estate Inc. |
|---|