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

$1,999,999

Est. payment - /mo

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6 Beds

3 Baths

9.6 Acres Lot

Active

4777 Guide Meridian Bellingham, WA 98226

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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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.

Mortgage Calculator

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Education

Pets

IHOP

420 W Bakerview Rd, Bellingham, WA 98226

Breakfast & Brunch Phone: 360-255-2048
Soy House

414 W Bakerview Rd, Bellingham, WA 98226

Salad Phone: 360-393-3585
Cruisin Coffee Cordata

319 Calluna Ct, Bellingham, WA 98226

Sandwiches Phone: 360-738-8812
The Fireside Martini & Wine Bar

416 W Bakerview Rd, Bellingham, WA 98226

Lounges Phone: 360-738-1000
Zachary Dean’s Family Italian

410 W Bakerview Rd, Bellingham, WA 98226

Italian Phone: 360-922-7162
Oishii Teriyaki & Rolls

424 W Bakerview Rd Ste 101, Bellingham, WA 98226

Japanese Phone: 360-671-6007

Educational Environment

Elementary Schools (1)

Name

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