4781 Guide Meridian Road
Bellingham, WA 98226
- – beds
- – baths
- 12,255 sqft
- ~10 acre lot
- $228 per sqft
- 1973 build
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.
Last checked:
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Last updated Mar 24, 2025
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MLS# 2340085 —
The Building
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Year Built:1973
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New Construction:false
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Structure Type:Multi Family
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Roof:Composition, Metal
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Foundation Details:Slab
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Exterior Features:Metal/Vinyl, Stucco, Wood
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Units In Building Total:7
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# of Units Total:5
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Stories Total:2
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Building Area Total:12255
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Building Area Units:Square Feet
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Calculated SqFt:12255
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SqFt Source:Realist
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Construction Materials:Metal/Vinyl, Stucco, Wood
Interior
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Interior Features:Laminate, Wall to Wall Carpet
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Flooring:Laminate, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:48.814436
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Longitude:-122.486207
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Directions:Driving north on Meridian St. past the Walmart, on the left where the sign will read "countertops for less". Use GPS
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Average
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Parcel Number:820709707
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Lot Features:Paved, Value In Land
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Lot Size Units:Square Feet
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Lot Size Dimensions:331x1272
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Lot Size Acres:9.6
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Lot Size SqFt:418176
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Lot Size Source:Assessor
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Zoning Description:Industrial,Multi-Family
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Industrial, Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (360) 312-4330
- Office phone:
- (360) 312-4330
Taxes
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Tax Year:2024
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Tax Annual Amount:12068
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Forced Air, Heat Pump
Utilities
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Water Company:Deer Creek
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Water Source:Private
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Sewer:Septic Tank
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Sewer Company:Septic
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Power Company:Pse
Schools
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Elementary School:Irene Reither Primar
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Middle Or Junior School:Meridian Mid
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High School:Meridian High
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High School District:Meridian
The Community
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Subdivision Name:Cordata
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Amenities:See Remarks,Storage
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Senior Community:false
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Association:false
Parking
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Parking Total:27
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Parking Uncovered Spaces:20
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Parking Features:RV Parking
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Open Parking:true
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Open Parking Spaces:20
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Carport Spaces:3
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Carport:false
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Covered Spaces:4
Listing courtesy of NWMLS / NextHome Northwest Living
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/25
Mar 5, 2025
|
Listed / Active | NWMLS | $2,800,000 |
