Welcome to Whatcom | John L. Scott Bellingham
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$1,150,000

Active

Listing provided by Timothy Lenihan, Windermere Real Estate Midtown

29

DOM

Ask Austin

About this property.

Strong in-place income (current 7.6% cap rate!) with excellent development potential! The building is currently configured with two residential units (one two-bedroom and one studio) along with three commercial spaces, creating diversified and reliable income streams. The mixed-use layout offers flexibility for future repositioning or optimization based on market demand. The property offers a new owner the opportunity to adjust rents, refine the tenant mix, or utilize the space for partial or full owner occupancy. The standalone design enhances functionality and access, appealing to both residential tenants and commercial users alike. Located in a high-visibility area of Lake City, the property benefits from consistent foot and vehicle traffic, making it well-suited for retail or service-oriented businesses. NC55 zoning adds further versatility and long-term value.

Property details.

Property TypeCommercial Sale
Sub TypeCommercial Industrial
Year Built1946
Lot Acres0.10
List Price$1,150,000
MLS StatusActive

Features.

Exterior

WoodWood Products

Heating

Wall Furnace

Cooling

None

Flooring

ConcreteLaminateVinyl

Agent information.

List AgentTimothy Lenihan
List OfficeWindermere Real Estate Midtown
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Timothy Lenihan, Windermere Real Estate Midtown

Courtesy of Windermere Real Estate Midtown

Source: NWMLS, MLS#: 2507045NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 08:45:28 PST. 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. Provided by NWMLS as distributed by MLS Grid.

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