319 E Holly Street, Bellingham, WA 98225

$785,000

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Courtesy of Pacific Continental Realty LLC

List Price
$785,000
Status
ACTIVE
Days on Market
125
MLS#
2497562
Subtype
Land
Style
42 - Multi-Family
Lot Size
7,405
Acres
0.17
Subdivision
Downtown
Neighborhood
Downtown
MLS Area Major
Bellingham

Property Description

Build Opportunity. 7,405 sq ft lot in Bellingham’s Commercial Core. The property is situated in the Downtown Urban Village District which has a multifamily housing development benefit of exempting minimum parking requirements per City Ordinance No 2025-01-001. Ideal for a urban village multifamily over limited commercial development. Excellent fit for a WWU student housing project, conventional housing, or tax-credit housing with a Waker’s Paradise score of 98 and Very Bikeable score of 88. Projects nearby have been highly successful with almost no vacancy and fast absorption. No height restrictions or setbacks allow for a high density project. Adjacent 6,970 sq ft lot that fronts Holly Street is also available for a total combined site of 14,375 sq ft.

Additional Information

Property Description
42 - Multi-Family
School District
Bellingham
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