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.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
School Information
Listing information ©2025 Northwest MLS. Listing courtesy of Kelly Right RE of Seattle LLC.
Mortgage Calculator is provided by BoomTown.
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-02-10T11:13:58.8. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2025-02-10T11:13:58.8. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.