Warehouse for Rent
Warehouse for Rent in Bellingham, WA
Iron Gate Industrial Condos is primarily an owner-occupied and investor development, but a small number of units are typically leased out by owners at any given time. If you're searching for a warehouse for rent in Bellingham, WA — particularly a 1,250 or 1,610 sqft insulated all-steel unit with a gated lot and ADA bathroom — we can connect you with Iron Gate owners who are open to leasing. Below we'll outline what's typically available, what market lease rates look like, and why most Bellingham small-business owners are choosing to buy instead.
Starting Price
$310,000
Sizes
1,250 – 1,610 sqft
Units Remaining
14 in Phase 2
Location
Bellingham, WA
What Lease Availability Looks Like at Iron Gate
Because Iron Gate is a condominium (not a traditional landlord-owned business park), rental availability is owner-by-owner rather than a single leasing office. Some owners buy a unit specifically to lease out — cap-rate plays, 1031 exchanges in — while others bought for their own business and later decide to lease when they outgrow or relocate.
Submit the form below with your space requirements and timeline, and we'll let you know which owners are currently willing to entertain a lease.
Rent vs. Buy Math at This Price Point
Before you commit to renting, consider the math. At a $310K purchase price with 20% down and a 20-year commercial loan at current rates, the monthly principal-and-interest plus HOA dues typically lands within striking distance of market warehouse lease rates for comparable Bellingham space. The difference is that one of those payments is building your equity. The other disappears.
For small businesses that can clear the down-payment hurdle, owning usually beats renting in 3–6 years, with a decade-plus of appreciation upside on top. Check out our Why Own vs. Rent comparison for specifics.
If You Need to Rent in the Short Term
If you know you need space inside the next 30–60 days but can't buy yet, let us know. We track owner-lease interest and can sometimes match tenants to owners directly. For short-term lease inquiries, please include your preferred move-in window, the square footage you need, and intended use in your inquiry.
Unit Types Available
Standard Unit
$310,00025×50 · 1,250 sqft
Perfect for contractor shops, workshops, storage, or small-business operations. All-steel construction with full insulation, natural gas heating, and ADA-compliant bathroom.
See available units →Mezzanine Unit
$340,00025×50 · 1,610 sqft
Standard footprint plus a built-in mezzanine level — ideal for an office above your shop, parts storage, or a second work area.
See available units →