2731 Meridian St Bellingham, WA 98225
Property profile & analytics
2731 Meridian St Bellingham, WA 98225
- Retail properties & Spaces
- 2,448 SF
- 0.11 lot acres
Property ID
US90-0130045
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Rector's Vacuum Shop / Home Appliance Store / (Bike/Boat/Book/etc) Store
- Chignik Regional Aguaculture / Charitable Organization / Social Service Agency
Property Details for 2731 Meridian St
- Year built
- 1904
- Lot size
- 0.11 lot acres
- Property size
- 2,448 SF
- Zone code
- CC
- Property type
- Retail properties & Spaces
- APN
- 380224 554219 0000
- APU
- 3802245542190000
Description
This exceptional commercial property, situated on a highly visible corner of Meridian Street in Bellingham, WA, presents a lucrative investment opportunity. The property consists of a 1,774 square foot standalone retail building, currently fully leased, and a 672 square foot apartment located above. Both the retail space and the apartment boast separate entrances, offering convenience and privacy for occupants. The retail space benefits from prominent pole signage on Meridian Street, ensuring high visibility and attracting potential customers. Seven parking spaces are conveniently located on the property, providing ample parking for tenants and customers. Adding to the property's versatility, there is an additional storage building accessible via an alley, offering extra space for various uses. The property is zoned for commercial use, allowing for a wide range of potential applications, including, but not limited to, continued retail use or even Airbnb rentals, subject to local regulations. The property's prime location, combined with its diverse features and existing tenancy, makes it an attractive investment for discerning buyers seeking a strong return on investment in a thriving Bellingham market. The asking price is $950,000. The lot size is 0 acres.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.486
- Latitude
- 48.7668
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$3,755
$261,000
$181,569
$442,569
-
$261,000
$181,569
$442,569
