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1310 G St - Harborside Apartments- Land with Entitlements

0.23 Acres of Commercial Land Offered at £826,686 in Bellingham, WA 98225

Investment Highlights

  • Multi-Family Tax Exemption (MFTE) Program
  • Bay vuews from upper floors
  • Underground parking

Executive Summary

Presenting a rare and exceptional opportunity in the heart of historic Old Town Bellingham, this shovel-ready site offers the perfect canvas for a 50-unit apartment building complete with underground parking. Currently undergoing permit updates and qualifying for multi-family housing tax exemption, this property stands as the height of prime real estate. Situated in one of Bellingham's most sought-after locations, investors and developers alike are invited to seize this unparalleled chance to shape the landscape of the community. Don't let this opportunity pass you by. Contact us now to make your mark on Bellingham's renowned skyline.

Property Facts

Price £826,686
Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.23 AC

1 Lot Available

Lot

Price £826,686
Price Per AC £3,594,287
Lot Size 0.23 AC

Description

This property is approved for 5-story wood framed structure over a post-tensioned concrete slab with parking garage below. 50 apartments total.

Walk Score ®
Walker's Paradise (90)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
380225-531389-0000
Land Assessment
£736,932
Improvements Assessment
£8,616
Total Assessment
£745,547

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 31154625

  • Date on Market: 07/03/2024

  • Last Updated:

  • Address: 1310 G St, Bellingham, WA 98225

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