4777 Guide Meridian, Bellingham, WA 98226
Courtesy of Windermere RE Whatcom, Inc.
- $1,999,999
- List Price
- $1,999,999
- Status
- ACTIVE
- Days on Market
- 317
- Price Change
- ▼ $200,001 1785980702
- MLS#
- 2511642
- Subtype
- Commercial Sale
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1973
- Lot Size
- 418,176
- Acres
- 9.60
- Subdivision
- Cordata
- Neighborhood
- Cordata
- MLS Area Major
- Bellingham
Property Description
Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what’s next. Unique opportunity to acquire a commercial and industrial development property located on the high-traffic Guide Meridian (SR 539) in Bellingham, WA. The site offers strong visibility, stable rental income, and outstanding redevelopment potential. Highlights: - Frontage: +/-331 linear feet on Guide Meridian - Site Area: - Current Use: 3 residential units, commercial showroom, manufacturing space, laydown yard - Income: Ongoing rental income offsets holding and carrying costs - Utilities: Currently served by septic and community water; public utilities planned in near future - Zoning: Suitable for a wide range of commercial or LI uses - Access & Exposure: High visibility corridor w/strong traffic counts
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Additional Information
- Exterior Features
- Metal/Vinyl, Stucco, Wood
- Property Description
- 60 - Comm Bldg Und 10K
- Flooring
- Concrete
- Heating
- Forced Air
- Air Conditioning
- Window Unit(s)
- Roof
- Composition, Metal
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