Multifamily Property for Sale in Bellingham, WA

  • Price: $1.5M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Bellingham, WA 98226
  • Size: 1,846 SF
  • Year built: 1952

Description

This is an ideal Commercial Zoned 1.63 Acres that was rezoned to PCM2.5 "Planned Commercial Mixed Residential Multi Development" Area 4 Meridian Neighborhood commercial mixed use development site, which allows for numerous commercial development opportunities on this property, the value is in the land for highest and best use is for multi-family. Located near I-5, Costco, Fred Meyer, restaurants, hotels, shopping, schools, and major arterials is an ideal location to develop. The property has power, septic system, and the sewer is in the street frontage and can be connected. The sellers completed a Wetland Reconnaissance Report and there are no wetlands on the property. The property has a 4BD, 2BA, 1876sf home, 3 car garage, storage building; and is rented for $2,000.00 month, and will provide rental income until you’re ready to develop.

Market Context

This multifamily in Bellingham, WA is listed for sale at $1,500,000 across 1,846 SF. The building dates to 1952. It has been on the market for 41 days. Compare it against other multifamily listings for sale in Bellingham, WA — <a href="/search/sale/multifamily/washington/bellingham">view the full market</a>.

Contact

Explore this market

Similar Multifamily Property for Sale in Bellingham, WA