Downtown Urban Village Development
For Sale
$720,000
1305 N Forest St, Bellingham, WA 98225
Lot in Bellingham’s Downtown Urban Village District with multifamily parking requirement exemptions under City ordinance.
Property SizeContact for details
Lot Size0.16 Acres
Days on Market64
Property Features for 1305 N Forest St
General Information
Standard status
Active
Lot size
0.16 Acres
Property subtype
Vacant Land
Zoning
Downtown Urban Village District
Listing Agency:
Pacific Continental Realty LLC
Listed By:
KC Coonc · License #17357
(360) 671-5000
Source:
Hanshagmeier
Added: Jul 25
Changed: Sep 18
Last Checked: Sep 26 at 10:31AM
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.
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,542
Businesses Nearby
Explore this area
Business Placement
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
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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
