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Property profile & analytics
FOR LEASE
Commercial real estate

110 N Samish Way Bellingham, WA 98225

7,799 SF 1.06 ac lot Built 1973
Entity Owned 3-yr Hold Free & Clear
Property ID
US90-0126768
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Total area 7,799 SF
Lot 1.06 ac (46,217 SF)
Zoning code CC
APN 380331 467162 0000
UPID US90-0126768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Prostock Athletic Supply (Bike/Boat/Book/etc) Store
  • A Que Tacos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.53M
Comparable Approach Comparable
$953k
Blend (final) Blend
$1.30M
Owner & transaction history
Dominion Sustainable Development Co · 3 yrs held
Dominion Sustainable Development Co
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
CC · Bellingham, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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