Listing courtesy of Pacific Continental Realty LLC
Property Description

Nearly 1 acre multifamily site in the Samish Way Urban Village zoned high density multifamily. This is a Designated Opportunity Zone location that has full abatement of property taxes associated with any multifamily building for 8 years, taxes remain payable on land and commercial improvements only. A 12-year abatement could be earned if 20% of the units are designated permanently affordable. Bellingham has additional B&O Tax exemptions and traffic impact credits for development of this property. Potential for up to 100 2-bed units or mix of units with floor area potential up to 107,810 sq ft. 3 tax parcels, one 12,632 sq ft and one 30,492 sq ft parcel. Explosive growth area of 5-7 story buildings with continued low vacancy. Close to WWU.

Address Map
USA
WA
Whatcom
Bellingham
98225
Consolidation
3700
Avenue
0
W123° 31' 51.8''
N48° 44' 6.6''
Additional Listing Information
860 - Bellingham
Samish Way to Consolidation Avenue (near the new W
Samish
Happy Vly Elem
Not Provided
Fairhaven Mid
0
0
42 - Multi-Family
Cul-De-Sac,Paved
: Available
: Available
Pacific Continental Realty LLC
KC Coonc
Active
NWM24494
0 Sqft
NWM6317

Land For Sale

3700 Consolidation Avenue, Bellingham, Washington 98225

0 Bedrooms
0 Bathrooms
43,124 Sqft
$3,000,000
NWMLS # #NWM1857885
Basic Details
Property Type : Land
Listing Type : For Sale
NWMLS # : NWM1857885
Price : $3,000,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 0
Lot Area : 43,124 Sqft
Agent info
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