110 N Samish Way Bellingham, WA 98225
For Lease
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This exceptional 1.07-acre commercial property, situated at 110 N Samish Way in Bellingham, Washington, presents a compelling investment opportunity. Located within the Samish Urban Village zoning district, this site enjoys a highly desirable location adjacent to Western Washington University, ensuring a robust and consistent population base. The property's zoning allows for a variety of development options, making it ideal for retail establishments, mixed-use projects, or multi-family residential construction. Given the strategic location and the potential for significant growth in this area of Bellingham, this site offers substantial upside potential. The city and local government are actively promoting development within the Samish Way Urban Village district, offering various incentives to qualified projects. This translates into potential cost savings and streamlined approvals for developers. This is a rare chance to acquire a large parcel of land in a rapidly expanding area, poised for significant appreciation. The property's proximity to Western Washington University guarantees a steady stream of potential customers and residents, making it an attractive proposition for investors seeking strong returns. The existing zoning and the availability of city and government incentives further enhance the appeal of this exceptional development opportunity. Don't miss this chance to capitalize on the growth potential of Bellingham's Samish Urban Village.
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Prostock Athletic Supply (Bike/Boat/Book/etc) Store
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A Que Tacos Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Bellingham, WACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.