Rare development and commercial opportunity in the heart of historic Old Town Bellingham. This prime site previously held permits for a 50-unit multifamily project (now expired) and still qualifies for the MF Housing Tax Exemption, strong financial upside for developers. Existing building also supports a wide range of commercial uses including retail, office, studio, service businesses, light production, and mixed commercial making it ideal to lease out while planning future redevelopment. Located minutes from Downtown, the Waterfront District, WWU, and major transit routes, this property sits in a highly desirable and rapidly revitalizing corridor. A flexible, centrally located asset ready for your next project. 84-unit developing nearby.
Listing Provided Courtesy of Daniel Sebryakov, Berkshire Hathaway HS NW
General Information
NWM2456055
Commercial Industrial
5
DOM
10018.8 SqFt
0
1977
Commerc
Whatcom
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Daniel Sebryakov, Berkshire Hathaway HS NW
Krishna Realty data last checked: Dec 05, 2025 05:29 | Listing last modified Dec 01, 2025 17:20,
Source:
Download our Mobile app
Residence Information
0
Composition, See Remarks
70 - Industrial
1977
Poured Concrete, See
Features and Utilities
Cement/Concrete, See Remarks, Wood Products
Public
Sewer Connected
Financial
Cash Out, Conventional, Lease Purchase, See Remarks
11-26-2025
Comparable Information
5
5
Cash Out, Conventional, Lease Purchase, See Remarks
Rare development and commercial opportunity in the heart of historic Old Town Bellingham. This prime site previously held permits for a 50-unit multifamily project (now expired) and still qualifies for the MF Housing Tax Exemption, strong financial upside for developers. Existing building also supports a wide range of commercial uses including retail, office, studio, service businesses, light production, and mixed commercial making it ideal to lease out while planning future redevelopment. Located minutes from Downtown, the Waterfront District, WWU, and major transit routes, this property sits in a highly desirable and rapidly revitalizing corridor. A flexible, centrally located asset ready for your next project. 84-unit developing nearby.
