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Entitled Mixed-Use Development Land
For Sale
$4,900,000

115 155 Tremont Avenue, Bellingham, WA 98226

Fully entitled 21+ acres for a mixed-use 260-unit multi-family project with storage units, garages, and a small church.

Property SizeContact for details
Lot Size21.00 Acres
Days on Market356

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

No
In Street,See Remarks
21
Paved
Listing Agency: Hallmark Properties, Inc.
Listed By: Zak Meaut · License #201234324
Source: Premierepropertygroup
Added: Aug 22, 2025 Changed: Aug 8 Last Checked: Jul 1 at 12:52AM

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 Hallmark Properties, Inc.

Investment Insights

Based on property information with market context.

This fully entitled development site consists of 21+ acres in the City of Bellingham, approved with City, State, and Federal land use permits for a mixed-use 260-unit multi-family development. The approved plan also includes 40 large storage units and eight 4-car garages, along with a small church. The property has wetland mitigation approvals and purchased wetland mitigation credits, and it is listed as PDC approved and PFC approved.

Tremont Avenue bisects the property, and the public remarks state that utilities and services are either on-site or in the street. The site is described as close to medical/dental, shopping, I-5, retail services, Whatcom Community College, Jobs, Community Transit, a golf course, a large city park, and a trail system, with easy access to Guide Meridian, Bakerview, and I-5. See the attached Offering Memo for additional available reports and project specifics.

Key Highlights

  • 21+/- acres in the City of Bellingham fully entitled and approved for a mixed‑use 260‑unit multi‑family development
  • Development includes 40 large storage units and 8 (4)-car garages, plus a small church
  • Tremont Ave bisects the property; road surface type is paved

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully entitled 21+ acres for a mixed-use 260-unit multi-family project with storage units, garages, and a 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 $4,900,000.
What are key features of this property?
This property features: 21+/- acres in the City of Bellingham fully entitled and approved for a mixed‑use 260‑unit multi‑family development; Development includes 40 large storage units and 8 (4)-car garages, plus a small church; Tremont Ave bisects the property; road surface type is paved
More about this property
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