About this home

Attention Developers. 26,563 sq ft sq ft lot in Bellingham’s Commercial Core. The property is situated in the Downtown District Urban Village which has a multifamily housing development benefit of exempting minimum parking requirements per City Ordinance No 2025-01-001. Ideal for a mixed use vertical multifamily over limited commercial development. The site fronts Cornwall Ave with back-alley access for podium style construction for increased densities. Excellent fit for a WWU student housing project, conventional housing, or tax-credit housing. Waker’s Paradise is 98 and Very Bikeable score is 89 with Bay view potential from upper floors. Projects nearby have been highly successful with almost no vacancy and fast absorption. No height restrictions or setbacks allow for a high-density project. Adjacent 24k sq ft lot also available.

Property details

Water source: Available
Sewer: In Street
Utilities: Electricity Available, Natural Gas Available

Estimate your monthly payment

$13,400/mo

Principal & interest: $13,400

Down payment (20%) $530,000 Interest rate (%) Loan term (years)

Loan amount $2,120,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Bellingham, WA 98225

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Pacific Continental Realty LLC— KC Coonc.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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