Skip to main content

Mixed-Use

Old Town Village

600 W Holly St, Bellingham, WA 98225

Listing Price: Request For Offer

Lot Size
7.00 acres
Land Type
Redevelopment

Investment Overview

The Old Town Village provides for a rare opportunity to acquire approximately 300,000 square feet of prime development land in Bellingham, Washington, situated between the downtown Arts District and the emerging Waterfront district. The property consists of 5 full city blocks, 4 half blocks and a 2-acre tract fronting Whatcom Creek, all within the Old Town Neighborhood. Bellingham is one of the fastest growing cities in the state. As the population nears 100,000, the city continues to experience rapid growth. To accommodate the increasing population, hundreds of additional housing units and related commercial space will need to be built annually.

Investment Highlights

  • 7-acre commercial parcel with amazing views of Bellingham Bay and historical Bellingham structures.
  • Urban Village overlay allows for wide variety of uses including multifamily, retail, office, and hospitality.
  • FAR is 3.5 and can be increased to 5.0 with use of floor area transfers and bonuses as outlined in the code.
  • Development Agreement in place that obligates the City to pay for significant public infrastructure improvements.
  • Blocks available as a portfolio or separately.

Exclusively Listed By

Listing Price: Request For Offer

Lot Size
7.00 acres
Land Type
Redevelopment

Investment Highlights

  • 7-acre commercial parcel with amazing views of Bellingham Bay and historical Bellingham structures.
  • Urban Village overlay allows for wide variety of uses including multifamily, retail, office, and hospitality.
  • FAR is 3.5 and can be increased to 5.0 with use of floor area transfers and bonuses as outlined in the code.
  • Development Agreement in place that obligates the City to pay for significant public infrastructure improvements.
  • Blocks available as a portfolio or separately.

Investment Overview

The Old Town Village provides for a rare opportunity to acquire approximately 300,000 square feet of prime development land in Bellingham, Washington, situated between the downtown Arts District and the emerging Waterfront district. The property consists of 5 full city blocks, 4 half blocks and a 2-acre tract fronting Whatcom Creek, all within the Old Town Neighborhood. Bellingham is one of the fastest growing cities in the state. As the population nears 100,000, the city continues to experience rapid growth. To accommodate the increasing population, hundreds of additional housing units and related commercial space will need to be built annually.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower