110 Samish Way, Bellingham, WA 98225-6029
- Commercial real estate
- 7,799 SF
- 1.06 lot acres
Current Use by Public Records
- Prostock Athletic Supply / (Bike/Boat/Book/etc) Store
- A Que Tacos / Restaurant
Property Details for 110 Samish Way
- Year built
- 1973
- Lot size
- 1.06 lot acres
- Zone code
- CC
- Property type
- Commercial real estate
- APN
- 380331 467162 0000
- APU
- 3803314671620000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 17, 2023 | — | Dominion Sustainable Development Co | Prostock Holdings LLC | Agreement Of Sale | — |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,650,000
- 6.5%
- $1,525,000
- 7%
- $1,415,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $953,000
Market price range: $247k - $1.67M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.469
- Latitude
- 48.7362
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
