4781 Guide MeridianBellingham, WA 98226

This exceptional 9.6-acre Bellingham property presents a unique investment opportunity. Currently generating a gross annual income of $169,000 from seven existing buildings, this site offers significant upside potential. The seven buildings are in excellent condition and comprise three homes, two shop spaces, a barn, and a showroom. Two convenient curb cuts provide easy access from Guide Meridian. The property boasts three up-to-date septic systems and established water rights through the Deer Creek Water Association. The sewer line is dry-lined to the street, ready for connection once the City of Bellingham expands its sewer system to this area. Zoning is anticipated to transition to commercial/industrial this fall, unlocking a wide range of redevelopment possibilities. Imagine a mixed-use development incorporating storage units, commercial spaces, and potentially residential components. Alternatively, collaborate with the city to create a truly bespoke project. This property's substantial size, existing income stream, and prime location make it an ideal investment for those seeking significant returns and creative development opportunities. The existing infrastructure, including water and septic, minimizes initial development costs. This is a rare chance to acquire a large, income-producing parcel in a rapidly growing area.