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Bellingham Commercial Real Estate Information

Bellingham is the largest market for commercial real estate, north of Snohomish County. There are four major retail sections located within the City of Bellingham: Downtown, Cordata, Sunset, and Fairhaven. Bellingham also has an international airport, as well as a major port that is in the process of being redeveloped.

Bellingham Primary Trade Area (population 216,800)

Bellingham’s primary trade area serves a population of 216,800, which includes Bellingham’s city population of 83,580 (2015) and an addition population of 133,220 Whatcom County residents based on natural barriers and a lack of retail options.

Bellingham Secondary Trade Area (population 550,000)

The secondary trade area of Bellingham serves a population of 550,000 which includes the lower mainland of British Columbia including Vancouver, Richmond, Surrey, and Abbotsford as well as a population of 100,000 from Skagit Valley. Canadian retail tourism is strong in Bellingham’s trade area with over 9,122,000 passengers crossing the border from Canada into Bellingham in 2016.

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.

Retail, Office, and Industrial Market Statistics

In addition to commercial retail, Bellingham also offers a great deal of industrial buildings and land available for development. The majority of the industrially zoned land is located in the Irongate Business Park, Auto Row on Iowa Street, and along the Guide Meridian in north Bellingham. Iowa Street is home to nearly every auto dealership in Bellingham, including Audi, Porsche, Mercedes, Volvo, Jeep, GM, Ford, and Toyota.

Bellingham Retail Market Statistics (2017 YTD)

Bellingham Office Market Statistics (2017 YTD)

Bellingham Industrial Market Statistics (2017 YTD)