Entitled Mixed-Use Development
For Sale
$7,900,000
115-155 Tremont Avenue, Bellingham, WA 98226
Fully entitled and permitted multi-family mixed-use site for a 260-unit project with storage units and small church.
Property SizeContact for details
Lot Size21.00 Acres
Days on Market537
Property Features for 115-155 Tremont Avenue
General Information
Standard status
Active
Lot size
21.00 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
260
Taxes and HOA fees
Annual Taxes
$13,404
Amenities
0, 0
0, 0, 0, 0
No
Paved
Listing Agency:
Windermere Real Estate Whatcom
(360) 734-7500
Listed By:
Michael C. Kingsley · License #82048
Source:
Compass
Added: Feb 21, 2025
Changed: Aug 8
Last Checked: Mar 25 at 4:56PM
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 Windermere Real Estate Whatcom
Investment Insights
Based on property information with market context.
This fully entitled and approved land site supports a mixed-use 260-unit multi-family development project, including 40 large storage units and eight (4) car garages, plus a small church. Project approvals and permits referenced include City, State, and Federal land use permits, with PDC approval, PFC approval, and wetland mitigation approval noted, along with credits purchase approval. Tremont Avenue bisects the property, and all services are either on the property or available in the street.
The site is located in the City of Bellingham with easy access to Guide Meridian, Bakerview, and I-5. The property is described as close to medical/dental, shopping, Whatcom Community College, retail services, Jobs, Community Transit, N Bellingham Golf Course, a large city park, and a trail system.
For additional project specifics and available reports, please refer to the attached offering memo.
The site is located in the City of Bellingham with easy access to Guide Meridian, Bakerview, and I-5. The property is described as close to medical/dental, shopping, Whatcom Community College, retail services, Jobs, Community Transit, N Bellingham Golf Course, a large city park, and a trail system.
For additional project specifics and available reports, please refer to the attached offering memo.
Key Highlights
- 21+/- acre mixed‑use, multi‑family development site in the City of Bellingham
- Fully entitled and approved with City, State, and Federal land use permits for a 260‑unit project
- Project includes 40 large storage units
Property Analytics
Property Profile
Current Use
Lease Details
260
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 98226, WA
47,011
Population
20,609
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
105.8 sq mi
ZIP Area
444
Density / Sq Mi
$79,684
Median Household Income
$45,337
Median Earnings
$1,557
Median Rent
$568,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully entitled and permitted multi-family mixed-use site for a 260-unit project with storage units and small church.
Where is this residential land & home lot located?
The property is located at 115-155 Tremont Avenue Bellingham, WA.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 21+/- acre mixed‑use, multi‑family development site in the City of Bellingham; Fully entitled and approved with City, State, and Federal land use permits for a 260‑unit project; Project includes 40 large storage units
