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1233 Lincoln St 4.4 Acres of Commercial Land Offered at $11,500,000 in Bellingham, WA 98229

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EXECUTIVE SUMMARY

Bellingham Planned Unit commercial PRIME development site with unlimited height and density and a shared parking plan in place to help promote additional density if desired..
4.4 acre(+/-) flat, fully serviced property currently configured in two parcels. Site can be broken into smaller parcels and purchased in smaller parcels of .75 acres and larger.
All utilities to the site (water /sewer/cable/electric/gas and sidewalks) South parcel has all required on site utilities installed including the internal access road and the storm system which has been designed for max development. South parcel is PAD READY.
Environmental, wetlands, and shoreline permits all in place,.NO additional traffic requirements are needed
Site is perfect for hotel, multi family , mixed use or other commercial or office uses. Entire site should accommodate 630+/- bedrooms plus 10,000 sf of ground floor retail per campus developer estimates.
Property is on a high traffic count arterial and positioned between two I-5 interchanges.
On the city busline and across the street from the WWU park and ride.
70,000 sq foot state of the art mini storage facility is currently under construction on Lot 4 and is part of the overall development community.
To the north is Whole Foods and the largest Grossing Fred Meyer store in its chain.
648 unit college campus development is direct across the creek.
Owner will consider JV opportunities or short term financing.

ATTACHMENTS

Lincoln Maps 1

PROPERTY FACTS

Price $11,500,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
Total Lot Size 4.40 AC
Zoning Commercial

1 LOT AVAILABLE

Lot Parcel A-F

Price $11,500,000
Price Per AC $2,613,636.36
Lot Size 4.40 AC
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 15898337

  • Date on Market: 4/29/2019

  • Last Updated:

  • Address: 1233 Lincoln St, Bellingham, WA 98229

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