Property Details
1126 N Forest Street
Bellingham, WA 98225
$950,000
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Property Overview
Rare development site with cool 1958 Mid-Century Modern, 4,400 sq ft office building. In the Opportunity Zone and the Downtown District Urban Village, zoned RT-1. See BMC 20.37.520 for all uses. The attached plans for a 4 story, 47 unit building have neighborhood review + initial design review done! Feasibility work done by AVT Consulting. Plans by Sergio @ Grinstad & Wagner. Building currently being used as an office + storage. With Bay/City views + close to Downtown and WWU, the Sehome neighborhood has lower vacancy rates + higher rents than most. Fourteen parking spaces with 2 driveways. Two addresses 1126 + 1130 N Forest & two tax IDs #3803302140040000 + 3803302050050000. Buyer to verify all. Owner financing possible, ask about terms.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Whatcom
Neighborhood
Sehome
Listed
May 31, 2024
Original Price
$1,450,000
Parcel Number
3803302050050000
Tax & HOA
Annual Property Tax
$9,898 (2024)
Est. Monthly Tax
$825/mo
Financial Summary
Total Actual Rent
$1,000/mo
Building & Use
Total Units
2
Sq Ft Rented
1,638
Zoning
Office,Residential,See Remarks
Possible Use
Office, Residential, See Remarks
Year Built
1958
Exterior & Lot
Lot Size
0.32 sqft
Year Built
1958
Exterior Materials
Cement
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Cement/Concrete
Community & Access
Directions
Building is on the SE corner of E Chestnut and N Forest St. Parking lot is behind building and can be accessed via either street.
Location
City
Bellingham
County
Whatcom
Coordinates
48.74629, -122.47763
Additional Information
Tax Year
2024
Annual Taxes
$9,898
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:14 AM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
