4781 Guide Meridian RD Active Save Request In-Person Tour Request Virtual Tour
Bellingham,WA 98226
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,255 sqft
Price per Sqft $228
Subdivision Cordata
MLS Listing ID 2340085
Style 55 - 5-9 Units
Bedrooms 8
Year Built 1973
Annual Tax Amount $12,068
Lot Size 9.600 Acres
Property Sub-Type Multi-Family
Property Description
Rare investment opportunity with endless potential! This unique property blends the feel of multi-family, commercial, and future development prospects. Zoning is set to shift to commercial/industrial this fall, opening doors for redevelopment—think storage units, commercial, residential, or your vision in collaboration with the city. Currently generating approximately $160K in gross annual income, it features two curb cutouts along Meridian, three up-to-date septic systems & Deer Creek Water Association rights. Sewer is dry-lined for future city connection. The site boasts seven well-maintained leasable buildings, including three homes, two shop spaces, a barn, and a showroom. It's hard to find property with this kind of upside potential.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Laminate,Carpet
Exterior
Exterior Feature Metal/Vinyl,Stucco,Wood
Amenities Available Deck,Outbuildings,Propane,RV Parking,Shop
View Y/N No
Roof Type Composition,Metal
Building
Lot Description Paved,Value In Land
Sewer Septic Tank
Water Private
New Construction No
Schools
Elementary Schools Irene Reither Primar
Middle Schools Meridian Mid
High Schools Meridian High
School District Meridian
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional