858 Smith Rd, Bellingham, WA 98226
This exceptional mixed-use property in Bellingham, Washington, presents a unique investment opportunity. Situated on a spacious 42,253 square foot lot in the desirable Meridian School District, this 1991-built single-story home offers 2,044 square feet of living space, including four bedrooms and two bathrooms. The property boasts a large, extra-tall 847 square foot garage, perfect for vehicles, storage, or a workshop. Its convenient location provides easy access to Interstate 5, local shopping, dining establishments, and the Shuksan and North Bellingham Golf Courses. The property is zoned Rural, offering a range of potential uses beyond residential. The flat, sunny lot provides ample space and possibilities. Priced at $685,000, this property combines the comfort of a well-maintained home with the potential for diverse commercial applications, making it an attractive investment for discerning buyers. The property's size and zoning make it suitable for a variety of uses, subject to local regulations. This is a rare opportunity to acquire a versatile property in a highly sought-after location.
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Redeemer Lutheran Church Church
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Bellingham Seamless Gutters Hardware & Home Improvement General Contractor
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Bridgeway Christian Academy High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.