Entitled Mixed-Use Development
For Sale
$4,900,000
115 155 Tremont Ave, 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 Market87
Property Features for 115 155 Tremont Ave
General Information
Standard status
Active
Lot size
21.00 Acres
Property subtype
Vacant Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
260
Listing Agency:
Windermere RE Whatcom, Inc.
Listed By:
Michael C. Kingsley · License #82048
(360) 734-7500
Source:
Lifestylehomeswithmel
Added: Jun 30
Changed: Sep 18
Last Checked: Sep 22 at 7:35PM
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 RE Whatcom, 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.
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
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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
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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 Ave 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
