1310 G Street, Bellingham, WA 98225

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, qualifies for the Multi-Family Housing Tax Exemption, offering strong financial upside for developers pursuing new residential density in a high-demand urban corridor. History of prior entitlements provides a proven roadmap for redevelopment, allowing flexibility for a revised/expanded vision. The existing improvements support a 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...