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Downtown Urban Village Development Lot
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1305 N Forest St, Bellingham, WA 98225

Lot in Bellingham’s Downtown Urban Village District with multifamily parking requirement exemptions under City ordinance.

Property Size6,970 SF
Lot Size0.16 Acres
Price / SF$103.30
Days on Market142

Property Features for 1305 N Forest St

General Information

Standard status Active
Size 6,970 SF
Lot size 0.16 Acres
Property subtype LAND
Zoning Downtown Urban Village District
Listing Agency: Pacific Continental Realty, LLC
Listed By: KC Coonc · License #17357
Source: Moodyscre
Added: Mar 24 Changed: Aug 8 Last Checked: Jul 25 at 7:40AM

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 Pacific Continental Realty, LLC

Investment Insights

Based on property information with market context.

This is a build opportunity consisting of a single 6,970-square-foot lot in Bellingham’s Commercial Core. The site is located in the Downtown Urban Village District, which provides a multifamily housing development benefit exempting minimum parking requirements per City Ordinance No 2025-01-001.

The property is described as an ideal fit for an urban village multifamily concept and for limited-commercial development. The remarks also state there are no height restrictions or setbacks, supporting a higher-density project configuration. An additional adjacent 7,405-square-foot lot is available, which fronts Holly Street; together, the combined site would total 14,375 square feet.

Key Highlights

  • 6,970 sq ft lot in Bellingham’s Commercial Core, located in the Downtown Urban Village District
  • Downtown Urban Village District offers a multifamily development benefit: exempting minimum parking requirements per City Ordinance No 2025‑01‑001
  • No height restrictions or setbacks reported, allowing for a high‑density project

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Fish Market Locksmith Tanning Salon Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

3,741
Businesses Nearby

Demographics for 98225, WA

49,078
Population
24,202
Households
2
Avg Household Size
31
Median Age
48%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
3,895
Density / Sq Mi
$62,220
Median Household Income
$33,122
Median Earnings
$1,430
Median Rent
$588,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Lot in Bellingham’s Downtown Urban Village District with multifamily parking requirement exemptions under City ordinance.
Where is this residential land & home lot located?
The property is located at 1305 N Forest St Bellingham, WA.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 6,970 sq ft lot in Bellingham’s Commercial Core, located in the Downtown Urban Village District; Downtown Urban Village District offers a multifamily development benefit: exempting minimum parking requirements per City Ordinance No 2025‑01‑001; No height restrictions or setbacks reported, allowing for a high‑density project
(360) 305-9977 Call to check price and availability
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