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Updated Mixed-Use Triplex
For Sale
$995,000

2701 Northwest Ave, Bellingham, WA 98225

Two residential units accompany a remodeled commercial suite with treatment rooms, private parking, and outdoor patio space.

Property Size2,376 SF
Price / SF$517.69
Days on Market15

Property Features for 2701 Northwest Ave

General Information

Standard status Active
Size 2,376 SF
Total Parking Spaces 12
Property subtype Multi-Family
Zoning Urban Village Commercial Transition

Additional Details

Office Units 1

Amenities

patio/grotto

Building Details

Year Built 1925
Year Renovated 2018
Buildings 1
Stories 2
Building Size 2,376 SF
Tenancy Single
Owner Occupied Yes
Abandoned No
Listing Agency: RE/MAX Whatcom County, Inc.
Listed By: Rebecca Heathcock · License #26443
Source: Lifestylehomeswithmel
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 25 at 5:01AM

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 RE/MAX Whatcom County, Inc.

Investment Insights

Based on property information with market context.

This two-story mixed-use triplex combines a commercial suite with two apartments in a 1925 building. The commercial space was remodeled in 2018 and includes a reception area, four treatment rooms, and an additional room with a sink. The upper apartment has two bedrooms and was updated in 2025 with new carpet, paint, and fixtures. The lower apartment was remodeled in 2015 and received new flooring in 2020.

The property contains 2,376 square feet of interior space on a corner lot with a large graveled parking area offering 12 spaces. A rear patio and grotto provide outdoor break space. Urban Village Commercial Transition zoning supports multiple redevelopment options, while the existing improvements remain in place. The property is within walking distance of shops and restaurants and reports a 6+% cap rate.

Key Highlights

  • 2,376‑square‑foot two‑story mixed‑use triplex built in 1925
  • Commercial suite with reception, 4 treatment rooms, and a fifth sink‑equipped room
  • Two‑bedroom upper apartment remodeled in 2025; lower apartment remodeled in 2015

Property Analytics

Current Use

Club M Bellingham's ... Alternative Medicine Practice Bellingham Spine and Disc Alternative Medicine Practice Dr. Randall Hill ... Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Florist Butcher Catering Service

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

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

716
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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential units accompany a remodeled commercial suite with treatment rooms, private parking, and outdoor patio space.
Where is this mixed-use property located?
The property is located at 2701 Northwest Ave Bellingham, WA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,376‑square‑foot two‑story mixed‑use triplex built in 1925; Commercial suite with reception, 4 treatment rooms, and a fifth sink‑equipped room; Two‑bedroom upper apartment remodeled in 2025; lower apartment remodeled in 2015
More about this property
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