Contacts
Mark Anderson
Property Details
- Property Type Other
- Lot Size 2.34 Acre
- Additional Rent Contact for pricing
- Date Updated Oct 30, 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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Location
- City Bellingham, WA
- Zip Code 98226
Points of Interest
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Arco
0.48 miles
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Super Gas
0.55 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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Costco Gasoline
1.44 miles
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Fred Meyer
1.51 miles
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McEvoy Commercial Fuel
1.79 miles
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Chevron
1.83 miles
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Arco
1.83 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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Overflow Parking
2.13 miles
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Wiki Wiki Airport Parking
2.74 miles
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Bellingham Central Library Loading Zone
3.31 miles
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Bellingham Central Library Staff Parking
3.31 miles
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10 minute book drop
3.32 miles
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Police parking only
3.34 miles
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Bellingham Parkade
3.54 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 by Wyndham Bellingham
0.51 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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Best Western Heritage Inn
1.26 miles
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La Quinta
1.34 miles
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Home2 Suites by Hilton Bellingham
1.37 miles
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Grizzly Commercial Park
0.16 miles
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Walmart Supercenter
0.22 miles
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Intercontinental Foods Market
0.34 miles
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TJ Maxx
0.35 miles
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Blossom Commons
0.46 miles
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Community Food Co-op
0.74 miles
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Burlington
0.79 miles
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Kohl's
1.04 miles
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Macy's
1.04 miles
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WinCo Foods
1.05 miles
In-Depth Research Available for this Property
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