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Development Site with Mid-Century Building

1126 N Forest St, Bellingham, WA 98225

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For Sale

$1,200,000

Rare opportunity: development site with existing office building and approved plans.

Type:Land

Property size:

4,400 SF

Lot size:

0.32 Acres

Price / SF:

$272/SF

HighLights

Rare development site in Opportunity Zone and Downtown District Urban Village with RT‑1 zoning.
Approved plans for a 4‑story, 47‑unit building with neighborhood and initial design review completed.
Includes a 4,400 sq ft Mid‑Century Modern office building currently used for office and storage.
Bay/City views and close proximity to Downtown and WWU.
Located in the Sehome neighborhood with lower vacancy rates and higher rents.
Fourteen parking spaces with two driveways and two addresses/tax IDs.

We can help!

Listing Contact

Nikki Quinn

For Sale

$1,200,000

Rare opportunity: development site with existing office building and approved plans.

Type:Land

Property size:

4,400 SF

Lot size:

0.32 Acres

Price / SF:

$272/SF

Added:: Jun 10, 2025
Days on Market:: 365
Last Refresh:: Jan 20 at 8:16 am

Property Features for 1126 N Forest St

General Information

Standard status: Active
Size: 4,400 SF
Lot size: 0.32 Acres
Property subtype: Land

We can help!

Listing Contact

Nikki Quinn

Listing agent Nikki Quinn License #83115

Listing office Hammer Properties NW Inc.

Listing date Jun 10, 2025

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Hammer Properties NW Inc.

HighLights

Rare development site in Opportunity Zone and Downtown District Urban Village with RT‑1 zoning.
Approved plans for a 4‑story, 47‑unit building with neighborhood and initial design review completed.
Includes a 4,400 sq ft Mid‑Century Modern office building currently used for office and storage.
Bay/City views and close proximity to Downtown and WWU.
Located in the Sehome neighborhood with lower vacancy rates and higher rents.
Fourteen parking spaces with two driveways and two addresses/tax IDs.

Overview

This rare development site features a 4,400 square foot Mid-Century Modern office building constructed in 1958. Situated within an Opportunity Zone and the Downtown District Urban Village, the property is zoned RT-1, with permitted uses outlined in BMC 20.37.520. Approved plans are available for a four-story, 47-unit building, including completed neighborhood review and initial design review. Feasibility work has been conducted by AVT Consulting, with plans designed by Sergio at Grinstad & Wagner. Currently, the building is utilized for office and storage purposes. The property offers Bay and City views and is located near Downtown and Western Washington University (WWU). The Sehome neighborhood exhibits lower vacancy rates and higher rents compared to many areas. There are fourteen parking spaces accessible via two driveways. The property comprises two addresses, 1126 and 1130 N Forest Street, and two tax IDs: #3803302140040000 and #3803302050050000. Prospective buyers are advised to verify all information. Owner financing options may be available; inquire for terms.

Property Profile Location Intelligence

Current Use by Public Records

McAuley Design Works General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Bellingham
County: Whatcom
State: Washington
Longitude: -122.478
Latitude: 48.7462

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For sale
Commercial land
WA
Bellingham
98225
1126 N Forest St

What type of property is this?

Commercial land - Rare opportunity: development site with existing office building and approved plans.

Where is this commercial land located?

The property is located at 1126 N Forest St Bellingham, WA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Rare development site in Opportunity Zone and Downtown District Urban Village with RT‑1 zoning.; Approved plans for a 4‑story, 47‑unit building with neighborhood and initial design review completed.; Includes a 4,400 sq ft Mid‑Century Modern office building currently used for office and storage.