$ 1,700,000
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$1,700,000
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0
Bed -
0
Bath -
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SqFt
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About the Listing 10410 - 131072
Rare development/commercial opportunity in the heart of Old Town Bellingham. This prime site previously had approved permits for a 50-unit multifamily apartment project, continues to qualify for the Multi-Family Housing Tax Exemption (MFTE), offering strong financial upside for developers pursuing new residential density in a high-demand urban corridor. The history of prior entitlements provides a proven roadmap for redevelopment, allowing flexibility for a revised or expanded vision. The existing improvements support a broad range of permitted commercial uses including retail, office, creative or design studios, service-based businesses, light production, and mixed commercial occupancy. This flexibility allows an investor or owner-user to generate income by leasing the property over several years while completing design, entitlement, or capital planning for future redevelopment. The property is strategically located minutes from Downtown Bellingham, the Waterfront District, and Western Washington University, with easy access to major transit routes, employment centers, and surrounding neighborhoods. Old Town continues to experience revitalization, with an 84-unit multifamily development currently underway nearby, reinforcing strong housing demand and long-term growth momentum. A rare combination of MFTE eligibility, proven development feasibility, flexible interim commercial use, and a highly desirable central location for investors, developers, or owner-operators.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,See Remarks,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Zoning: Commercial,Industrial,Multi-Family,Office,Retail,See Remarks
- Garage Capacity: N/A
- Parking Spaces: 25
- Zoning: Commercial,Industrial,Multi-Family,Office,Retail,See Remarks
- Roof: Composition,See Remarks
- Others: Cement/Concrete,See Remarks,Wood Products,Fair
- Sewer: Sewer Connected
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 3802255313890000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1310 G St Bellingham, WA 98225
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