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$1,995,000 -$505,000 (-20.2%) Price Reduced

  • For Sale
  • Active
  • Industrial
  • Updated 4 days ago

Listed by Tracy Carpenter | Gage CRE | (360) 483-0508

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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.

Full Property Details for 215 Prospect St

General

  • Price: $1,995,000
  • Taxes: $8,710 (2024)
  • Status: Active
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2321455
  • Updated: 7/17/2026
  • Added to Site: 559 day(s) ago

Parking

  • Uncovered Spaces: 27

Location

  • Area: 860 - Bellingham
  • County: Whatcom
  • Subdivision: Downtown
  • Driving Directions: From I-5, exit 253 to Lakeway Dr. West on Lakeway, Lakeway turns into E Holly. E Holly to Bay St, Right on Bay, first left on Prospect. go through light and property is on left.

Utilities

  • Sewer: Sewer Connected
  • Water: Community

Structural Information

  • Structure Type: Unspecified
  • Year Built: 1912

Lot Features

  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,424
  • Lot Size Source: Assessor
  • Topography: Level
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $8,710.16
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3803301142600000

Listed by Tracy Carpenter | Gage CRE | (360) 483-0508

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 215 Prospect St

School District:Bellingham School District
NameGradesDistance
Parkview Elementary School
3030 Cornwall Avenue, Bellingham, WA 98225
PK-51.2 mi
Whatcom Middle School
810 Halleck Street, Bellingham, WA 98225
6-80.4 mi
Bellingham High School
2020 Cornwall Avenue, Bellingham, WA 98225
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 215 Prospect St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/17/2026
Price Reduced
$1,995,000
-20.2%
MLS
1/09/2025
Listed
$2,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 215 Prospect St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,162
—
$1,140,154
2%
2024
$9,157
5%
$1,119,634
11%
2021
$8,708
2%
$1,008,679
14%
2023
$8,528
-2%
$884,806
—
2021
$8,708
-4%
$884,806
-1%
2020
$9,094
3%
$893,076
20%
2018
$8,841
15%
$744,339
10%
2017
$7,719
9%
$679,189
4%
2016
$7,113
-10%
$651,500
-17%
2019
$7,945
20%
$782,321
29%
2013
$6,612
—
$606,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tracy Carpenter | Gage CRE | (360) 483-0508

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215 Prospect Street, Bellingham, WA 98225 (MLS# 2321455) is a Industrial property. 215 Prospect Street is currently listed for $1,995,000 and was received on January 09, 2025. Want to learn more about 215 Prospect Street? Do you have questions about finding other Industrial real estate for sale in Bellingham? You can browse all Bellingham real estate or contact a Coldwell Banker agent to request more information.

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