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Provided by NWMLS, Listed by Rebecca Heathcock, 360-647-1313 at RE/MAX Whatcom County, Inc.
2,376 sqft

$950,000

2701 Northwest Avenue, Bellingham WA, 98225

Price per sqft$399.83
Built in1925
Property size2,376 sqft
Property typeMulti-family

Overview

Pending

Pending Feasibility

Updated 2 weeks ago

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.

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2540094

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Rebecca Heathcock, 360-647-1313 at RE/MAX Whatcom County, Inc.

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/14/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/14/2026 at 9:10 PM UTC . 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.

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Data last updated on 10/14/2026 at 9:10 PM UTC 

Julian Friedman

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