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Listed by: Rebecca Heathcock (360) 306-0786 | RE/MAX Whatcom County, Inc. (360) 647-1313
$950,000
Monthly Est:$4,728
3 Beds
3 Baths
2,376sqft
2701 Northwest Ave, Bellingham, WA 98225
$950,000
$4,728/moEst:
Get Pre-Approved
Multi Family
Built in 1925
$-- HOA
9,148 sqft lot
$400/sq.ft
Description
Two-story mixed-use triplex on sunny corner lot in sought-after Columbia neighborhood oozes with charm and performs at a 5.6% cap rate! Buy to operate your business out of the commercial suite and offset the cost to own with $2,950 in income from the residential units (both leased at market rate through August 2027). Originally built in 1925, all units have been fully updated and maintained by current owners. Commercial suite, remodeled in 2018, has welcoming front reception with 3 separate offices (or treatment rooms) and a 4th room with sink which could be used for treatments or a break room. Upper level 2-bedroom apartment remodeled in 2025 with new carpet, paint and fixtures. Downstairs apartment remodeled in 2015 with new flooring installed in 2020. Large graveled parking lot has room for 14 cars. Zoned Urban Village Commercial Transition which provides preferred zoning. Located within walking distance of popular shops and restaurants. Excellent traffic counts with high visibility retail presence. Owners will carry a partial loan with at least $500K down, or use the SBA 504 loan through WECU and put as little as 10% down with lower interest rates.
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 8:45 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2540094
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
2,376 sqft
Lot Size
9,148 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2540094
MLS Status
Pending Feasibility
Days on Market
108
Cumulative Days on Market
108
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Flooring
Laminate, See Remarks, Carpet
Exterior Features
Cement/concrete
Sewer
Sewer Connected
Heating
Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1925
Home type
Multi Family
Roof
Flat
Property Condition
Good
Foundation Details
Poured Concrete
Construction Materials
Cement
Other Features
Lot Features
Corner Lot
Subdivision Name
Bellingham
Price History
| Date | Event | Price |
|---|---|---|
09/25/2026 Source: | Pending | $950,000 $400/sqft |
06/15/2026 Source: | Listed for Sale | $950,000 -4.52% $400/sqft |
06/15/2026 Source: | Price Increased | $995,000 +4.74% $419/sqft |
06/15/2026 Source: | Price Increased | $950,000 +13471.43% $400/sqft |
01/22/2008 Source: | Sold | $7,000 $3/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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