Sale notes: Multi family site in phenomenal South Bellingham location.
Current zoning allows for unlimited height and approximately 200 units with no ground floor commercial requirement. Perfect location for student housing or senior housing.
Flat graded, fully serviced site with all utilities available. Storm to be designed by user. Current owner in process of completing plans and construction documents for the proposed multi-family project. Project has been through TRC and comments have been provided by all City departments (see attachments to the listing. Plan and permitting should be completed by Winter 2024.
Property located next to a 648 student housing mega project, the regions largest grossing Fred Meyer , Whole Foods and sits between 2- Interstate 5 interchanges.
1 mile from WWU campus on WWU bus line and 2 blocks from WWU ride share.
Absolutely no sites of this size, zoned for multi left in Bellingham on the south end of town.
Property can also be used for commercial/Office purposes as well
exact design and use designation subject to COB approval.
Owner may consider JV partnership with another developer, subordinate, or provide owner financing.
Please call for details on development criteria.
Price includes all design work, architecture, MEP, landscape, civil ect and COB plan submission fee. Price does not include impact fees or final building permit fees.
Priced at $40,000 / unit assuming 200 units.