323 Telegraph Road, Bellingham, WA 98226 (MLS # 2554460)

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Listing provided courtesy of Northwest MLS; Muljat Group

PRICE $5,600,000
SIZE n/a
LOT SIZE 1.87 ac
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Fully leased multi-tenant commercial building in Bellingham's Meridian neighborhood, sitting just off the Meridian St/I-5 interchange near major retailers like Target, Marshalls, and Home Depot. Meridian Place hosts a diversified roster of medical, technology, government, and retail-service tenants including Eyes Rite Optical, Team Technology, and the U.S. Army Corps of Engineers. A long history of tenant retention reflects a stable, well-managed asset with dependable in-place income. Located on a lot with ample on-site parking and access off both Telegraph Road and McLeod Road. Plus, Meridian Street carries nearly 39,000 vehicles a day directly past the property, with I-5 running over 60,000 vehicles daily just around the corner. An attractive long-term investment opportunity and easy addition to any portfolio!

LAST UPDATED 7/17/2026 TRACT Bellingham
YEAR BUILT 1986 COMMUNITY Bellingham
COUNTY Whatcom STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 860 - Bellingham
HEAT None
LOT 1.87 acre(s)
MLS STATUS Active
STYLE 61 - Comm Bldg Ovr 10K
SUBDIVISION Bellingham
TAXES 30368.23
UTILITIES Sewer Connected
WATER Public
ZONING Commercial

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/17/26 2:58 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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