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Listed by Berkshire Hathaway HS NW Daniel Sebryakov
$1,700,000
Est. payment /mo
10,019 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Lettered Streets
MLS Listing ID 2456055
Style 70 - Industrial
Year Built 1977
Lot Size 10,019 Sqft
Property Sub-Type Commercial Industrial
Property Description
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.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Laminate, See Remarks, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete, See Remarks, Wood Products
Roof Type Composition,See Remarks
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Lease Purchase, See Remarks
Listing Terms Cash Out, Conventional, Lease Purchase, See Remarks
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