- For Sale $1,500,000
- Property Type Other
- Lot Size 2.34 Acre
- Additional Rent Contact for pricing
- Date Updated Dec 1, 2024
Recent zoning changes make this 2.34 acre site ideal for re-development.
Zoned Light Impact Industrial
The highest and best use of the subject property as improved would be light industrial, retail, and commercial. There has been significant and dramatic new commercial growth and development in the Meridian Street corridor, including large “box” type stores and retail facilities, including the Meridian Village and Meridian Plaza shopping centers, Wal-Mart (which is directly across the street from the subject property), and other retail centers that cater to the immediate neighborhood as well as to the motoring public in Whatcom County in general. Other facilities in the area include Costco warehousing, distribution facilities, and light manufacturing plants. Our research indicates that Bellingham has a very low vacancy and strong demand for industrial uses in the vicinity of the subject property. Preliminary architectural plans indicate a 30,000 SF Light Industrial/Business Park could be developed and leased for NNN rents ranging from $13-$14 per SF.
The existing improvements on the subject property could continue into the foreseeable future on a short-term basis as a rental property to help defray the costs of carrying the investment during the holding period.
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Attachments
False
Contacts
Mark Anderson
Location
Getting Around
-
Walk Score ®
53/100 Somewhat Walkable -
Transit Score ®
42/100 Some Transit -
Bike Score ®
52/100 Bikeable
- City Bellingham, WA
- Zip Code 98226
Points of Interest
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Rideshare B
1.11 miles
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Rideshare A
1.12 miles
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Arco
0.48 miles
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Super Gas
0.56 miles
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Meridian Super Mart
0.75 miles
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Clipper Creek
0.94 miles
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Shell
1.04 miles
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Volta
1.08 miles
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Sun Country Highway
1.26 miles
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Tesla Destination Charger
1.31 miles
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Electrify America
1.43 miles
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Costco Gasoline
1.44 miles
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Green Lot
0.49 miles
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Blue Lot
0.59 miles
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Orange Lot
0.59 miles
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Yellow Lot
0.65 miles
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Red Lot
0.66 miles
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Purple Lot
0.67 miles
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Birchwood Parking
1.81 miles
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Bellingham Airport Mobile Phone Waiting Lot
2.04 miles
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30 minute free parking
2.11 miles
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FedEx Ship Center Parking
2.12 miles
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Comfort Inn
0.36 miles
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Quality Inn Grand Suites Bellingham
0.43 miles
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Baymont Bellingham
0.50 miles
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Holiday Inn Express
0.66 miles
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Oxford Suites
0.93 miles
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TownePlace Suites
1.25 miles
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SpringHill Suites Bellingham
1.25 miles
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Wingate by Wyndham Heritage Inn
1.28 miles
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La Quinta
1.34 miles
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Hampton Inn & Suites
1.35 miles
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Jalapenos Mexican Family Restaurant & Lounge
0.08 miles
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China Palace
0.09 miles
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Taco Time
0.11 miles
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Pizza Twist
0.12 miles
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Taco Bell
0.12 miles
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Arby's
0.14 miles
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Wendy's
0.14 miles
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Wonderful Buffet
0.17 miles
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Restaurant Phơ Bubble Tea Sandwich Teriyaki
0.18 miles
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Teriyaki House
0.37 miles
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Whatcom Community College
0.57 miles
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Cordata Elementary School
0.81 miles
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Shuksan Middle School
1.70 miles
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Birchwood Elementary School
2.02 miles
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Parkview Elementary School
2.17 miles
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Franklin Academy
2.17 miles
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Alderwood Elementary School
2.40 miles
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Bellingham Christian School
2.45 miles
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Sunnyland Elementary School
2.58 miles
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Columbia Elementary School
2.65 miles
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Kelly Hall
0.48 miles
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Little Darlings
2.31 miles
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A Step Ahead Bilingual Learning Center
2.42 miles
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Barkley YMCA Child Development Center
2.85 miles
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Kinder Care Learning Center
3.49 miles
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Blue Heron Montessori School
5.33 miles
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Early Childhood Development Center
6.27 miles
Frequently Asked Questions
How much does Development opportunity on Meridian Street in Bellingham cost?
The space currently listed for sale at Development opportunity on Meridian Street in Bellingham asks for $1,500,000.
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