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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.

Lot size:
0.32 Acres

Property Features for 1126 N Forest St

General Information

Standard status
Active
Lot size
0.32 Acres

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Listing Contact
Nikki Quinn
Source: Exprealty

Listing Agency: Hammer Properties NW Inc. Listing Agent: Nikki Quinn

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

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Overview

Development Site with Mid-Century Building

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.
Location Intelligence

Current Use by Public Records

McAuley Design Works Contractor

Suggested Use

Realty agency Restaurant Law Firm Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Building Supply Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bellingham
County
Whatcom
State
Washington
Longitude
-122.47778
Latitude
48.746174

FAQs

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.
More about this property
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