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.
Active
Listed by:
Sean Ryan,
NextHome Northwest Living
$2,800,000
4781 Guide Meridian Road, Bellingham, WA 98226
8beds
4baths
12,255sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$228/sqft
$-- HOA
What's special
- 53 days
- on Zillow |
- 302 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 09:59am
Listed by:
Sean Ryan,
NextHome Northwest Living
Source: NWMLS,MLS#: 2340085

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Heat Pump
Cooling
- None
Features
- Flooring: Laminate, Carpet, Wall to Wall Carpet
- Has fireplace: No
Interior area
- Total structure area: 12,255
- Total interior livable area: 12,255 sqft
Property
Parking
- Total spaces: 27
- Parking features: RV Parking
- Carport spaces: 3
- Covered spaces: 4
- Uncovered spaces: 20
Lot
- Size: 9.6 Acres
- Dimensions: 331 x 1272
- Features: Paved, Value In Land, Deck, Outbuildings, Propane, RV Parking, Shop
Details
- Parcel number: 820709707
- Zoning description: Industrial,Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl, Stucco, Wood Siding
- Foundation: Slab
- Roof: Composition,Metal
Condition
- Average
- Year built: 1973
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Private, Company: Deer Creek
Community & HOA
Community
- Subdivision: Cordata
Location
- Region: Bellingham
Financial & listing details
- Price per square foot: $228/sqft
- Annual tax amount: $12,068
- Date on market: 3/13/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 46 days
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