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Tim Zhuo

timzre@gmail.com +1(425) 753-3718

Listed by:Windermere RE Whatcom, Inc. • Lorrie M. Dujmovich

$ 1,999,999

Est. payment | -/mo

6 Beds

3 Baths

9.6 Acres Lot

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$ 1,999,999

Est. payment | -/mo

Save

6 Beds

3 Baths

9.6 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Cordata

MLS Listing ID 2511642

Style 60 - Comm Bldg Und 10K

Bedrooms 6

Year Built 1973

Annual Tax Amount $13,968

Lot Size 9.600 Acres

Lot Dimensions 331X1272

Property Sub-Type Commercial Industrial

Property Description

Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what's next. Unique opportunity to acquire a commercial and industrial development property located on the high-traffic Guide Meridian (SR 539) in Bellingham, WA. The site offers strong visibility, stable rental income, and outstanding redevelopment potential. Highlights: - Frontage: +/-331 linear feet on Guide Meridian - Site Area: - Current Use: 3 residential units, commercial showroom, manufacturing space, laydown yard - Income: Ongoing rental income offsets holding and carrying costs - Utilities: Currently served by septic and community water; public utilities planned in near future - Zoning: Suitable for a wide range of commercial or LI uses - Access & Exposure: High visibility corridor w/strong traffic counts

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Concrete

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Stucco, Wood

Roof Type Composition,Metal

Building

Sewer Septic Tank

Water Community

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Tim Zhuo

Real Estate Broker, Top 10 2023 and 2024 Bellevue Skyline Properties Producer

timzre@gmail.com

+1(425) 753-3718

50 116th Ave SE Suite 120, Bellevue, WA 98004, USA

4777 Guide Meridian Bellingham, WA 98226

Tim Zhuo

Key Details

Location

Interior

Exterior

Building

Others

4777 Guide Meridian