21-Acre Mixed-Use Business Park in Bellingham, WA
Bakerview West Business Park is a master-planned, campus-style commercial development offering modern office, light industrial/flex, and retail spaces for purchase. Positioned along the high-visibility Bakerview/I-5 corridor, the park is designed for owner-users and investors seeking quality new construction in one of the Pacific Northwest's most dynamic markets.
Campus-Style Design
Landscaped common areas, cohesive architectural branding, and above-standard exterior finishes create a professional, inviting environment.
Flexible Commercial Spaces
Scalable building footprints with flexible floor plates and mezzanine options accommodate a wide range of business needs.
New Construction Standards
Energy-efficient HVAC and lighting, modern building systems, and clear heights suitable for light industrial users.
Campus-Style Site Plan
Explore the Bakerview Commons concept site development plan — a motorcourt-style master plan featuring East and West parcels with flexible office, industrial, and retail spaces.
Office, Flex & Retail Spaces For Sale
Three distinct use types serve a diverse range of businesses, from professional offices to light manufacturing and neighborhood retail.
Retail
~3 Acres- Food & beverage
- Fitness & personal services
- Banking & financial
- Convenience retail
Office
~7 Acres- Regional corporate offices
- Professional services
- Medical & wellness
- Tech & creative firms
Light Industrial / Flex
~11 Acres- Light manufacturing
- Warehousing & distribution
- Contractors & trades
- R&D & assembly
Design & Construction Standards
Single-story, single-story with mezzanine, and multi-story build-to-suit options
Flexible layouts with clear heights suitable for light industrial users
Energy-efficient HVAC, modern lighting, and high-quality mechanical systems
Above-standard finishes with modern facades and cohesive campus branding
Ample, flexible parking designed to meet a range of business requirements
Landscaped green spaces and maintained common areas throughout the campus
Bakerview / I-5 Corridor Location
Strategically positioned along the Bakerview/I-5 corridor in Bellingham, WA — one of the Pacific Northwest's fastest-growing markets with strong regional connectivity.
I-5 Visibility & Access
High-traffic corridor with excellent visibility and direct interstate access for employees, customers, and logistics.
Growing Market
Bellingham's expanding economy drives demand for modern commercial space from small-to-mid-size businesses.
Regional Connectivity
Convenient access to the greater Puget Sound region, Canadian border, and Bellingham International Airport.
Limited New Supply
Scarce inventory of new for-sale flex and office product in the market creates strong demand fundamentals.
New Construction Development Phases
A disciplined, phased approach aligned with presales and market demand — reducing risk while delivering quality commercial spaces on schedule.
Phase 1 25% of Project
77,500 SF
- Site preparation and infrastructure
- Central amenities and landscaping
- Build-to-suit opportunities for pre-committed buyers
- Pre-sales of light industrial/flex buildings
- Potential retail pad sites
Phase 2 35% of Project
108,500 SF
- Additional flex/industrial space with BTS opportunities
- Expanded retail or office based on absorption and demand
- Sales-based commitments guide construction
Phase 3 40% of Project
124,000 SF
- Remaining development driven by market performance
- Flexible programming based on demonstrated demand
- Continued build-to-suit and pre-sale model
Presale Thresholds: Each phase requires meeting presale targets before vertical construction begins, ensuring disciplined capital deployment and reduced speculative risk.
Owner-User & Investor Opportunities
A conservatively underwritten development opportunity with strong fundamentals and disciplined risk management.
Market Comparables
| Product Type | Market Range |
|---|---|
| Office Condominium (1,000–5,000 SF) | $450–$490/SF |
| Flex/Office Condo (2,000–10,000 SF) | $325–$400/SF |
| Light Industrial Owner-User (5,000–20,000 SF) | $250–$350/SF |
Risk Mitigation
- Phased development tied to presale thresholds
- Conservative leverage ratios
- Diversified tenant and owner-user mix
- Stress-tested pricing at -10% and -15% scenarios
- True NNN structures and early unit sales
Buyer Financing Support
We facilitate access to competitive financing through established lender relationships, including conventional owner-user loans, SBA-backed financing, and build-to-suit capital solutions.
Inquire About Commercial Space For Sale
Interested in learning more about Bakerview West Business Park? Reach out to discuss available spaces, investment opportunities, or build-to-suit options.
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Property Management
Windermere Commercial Property Management
Location
Bakerview / I-5 Corridor
Bellingham, WA