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Bellingham,WA 98225
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Lettered Streets
MLS Listing ID 2207770
Style 43 - Comm/Industrial
Annual Tax Amount $7,367
Lot Size 10,019 Sqft
Property Description
Presenting a rare opportunity to invest in the heart of Old Town Bellingham, one of the city's most coveted and historic neighborhoods. This prime site was previously fully permitted for a 50-unit apartment building, complete with underground parking. With the possibility to update the existing permits or redesign the project to increase the leasable area, this property offers incredible flexibility for investors and developers. The project also qualifies for a multi-family housing tax exemption, adding even more value to this already exceptional opportunity. Whether you choose to proceed with the current plans or explore the potential for expansion, this is your chance to make a significant impact on the Bellingham skyline.
Location
State WA
County Whatcom
Area 860 - Bellingham
Exterior
Utilities Available Electricity Available,Natural Gas Available
View Y/N Yes
View Bay,City
Building
Lot Description Corner Lot
Sewer Available
Water Available
Schools
Elementary Schools Parkview Elem
Middle Schools Whatcom Mid
High Schools Bellingham High
School District Bellingham
Others
Acceptable Financing Cash Out
Listing Terms Cash Out