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Commercial Land Near I-5 Freeway
For Sale
$1,500,000

4149 Northwest Avenue, Bellingham, WA 98226

Commercial zoned 1.63 acres near I-5, shopping, and schools.

Property Size1,846 SF
Price / SF$812.57
Days on Market327

Property Features for 4149 Northwest Avenue

General Information

Standard status Active
Size 1,846 SF
Class B
Property subtype Mixed Use
Zoning Commercial Mixed Use

Building Details

Building Size 1,846 SF
Year Built 1952
Listing Agency: RE/MAX
Listed By: Shelley James · License #82421
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 17 at 3:38AM

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

Investment Insights

Based on property information with market context.

This 1.63-acre commercially zoned property, rezoned to PCM2.5 "Planned Commercial Mixed Residential Multi Development," is situated in the Area 4 Meridian Neighborhood. It offers numerous commercial development opportunities, with its highest and best use being for multi-family development. The property is conveniently located near I-5, Costco, Fred Meyer, restaurants, hotels, shopping, schools, and major arterials. Utilities include power and a septic system, with sewer access available at the street frontage. A Wetland Reconnaissance Report indicates no wetlands are present on the property. The site features a 1,876 square foot home with 4 bedrooms, 2 bathrooms, a 3-car garage, and a storage building, currently rented for $2,000 per month, providing rental income during the development phase. The property is located on a major arterial, close to the Bakerview Intersection, near retail, shopping, restaurants, hotels, and schools, and is on a WTA bus route.

Key Highlights

  • Commercial Zoned 1.63 Acres rezoned to PCM2.5 allowing for numerous commercial development opportunities, especially multi‑family.
  • Located near I‑5, Costco, Fred Meyer, restaurants, hotels, shopping, and schools.
  • Rental income of $2,000.00 per month from existing 4BD, 2BA home until development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Law Firm Dental Office Big Box & Wholesale Store Auto Parts Store 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.

Location Intelligence

Trade Area within ½ mile

296
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial zoned 1.63 acres near I-5, shopping, and schools.
Where is this commercial land located?
The property is located at 4149 Northwest Avenue Bellingham, WA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Commercial Zoned 1.63 Acres rezoned to PCM2.5 allowing for numerous commercial development opportunities, especially multi‑family.; Located near I‑5, Costco, Fred Meyer, restaurants, hotels, shopping, and schools.; Rental income of $2,000.00 per month from existing 4BD, 2BA home until development.
More about this property
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