1310 G Street, Bellingham, WA 98225
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: daniel sebryakov
Office: kw lake washington so
MLS#:2490142
Source:NWMLS
1310 G Street,Bellingham, WA 98225
$900,000
- 0.23 Acres
- Lots / Land
- Active
Price summary
- Price:$900,000
About this home
Rare development/commercial opportunity in the heart of Old Town Bellingham. This prime site previously had approved permits for a 50-unit multifamily apartment project, continues to qualify for the Multi-Family Housing Tax Exemption (MFTE), offering strong financial upside for developers pursuing new residential density in a high-demand urban corridor. The history of prior entitlements provides a proven roadmap for redevelopment, allowing flexibility for a revised or expanded vision. The existing improvements support a broad range of permitted commercial uses including retail, office, creative or design studios, service-based businesses, light production, and mixed commercial occupancy. This flexibility allows an investor or owner-user to generate income by leasing the property over several years while completing design, entitlement, or capital planning for future redevelopment. The property is strategically located minutes from Downtown Bellingham, the Waterfront District, and Western Washington University, with easy access to major transit routes, employment centers, and surrounding neighborhoods. Old Town continues to experience revitalization, with an 84-unit multifamily development currently underway nearby, reinforcing strong housing demand and long-term growth momentum. A rare combination of MFTE eligibility, proven development feasibility, flexible interim commercial use, and a highly desirable central location for investors, developers, or owner-operators....
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Home facts
- Listing ID #:2490142
- Updated:March 27, 2026 at 01:43 AM
Structure and exterior
- Lot area:0.23 Acres
Utilities
- Water:Available
- Sewer:Available
Finances and disclosures
- Price:$900,000
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