$ 1,999,999
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$1,999,999
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SqFt
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About the Listing 9110 - 68474
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
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces: 0
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Deer Creek
Exterior Details
- Lot Description: Zoning: Business,Commercial,Industrial-Light,Office,Residential,Retail
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 331X1272
- Zoning: Business,Commercial,Industrial-Light,Office,Residential,Retail
- Roof: Composition,Metal
- Others: Metal/Vinyl,Stucco,Wood,Good
- Sewer: Septic
Financial Details
- Tax Amount: $13,968
- Taxes w/Assessments: N/A
- Tax/Property ID: 3802014683840002
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
4777 Guide Meridian Bellingham, WA 98226
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