Price drop

1126 N Forest Street, Bellingham, WA 98225

Bellingham, WA 98225 · Bellingham
— bd— ba— sqft0.32 ac lotBuilt Land
$950,000 — / sqft · Cumulative Days Active: 774 Estimate your monthly payment ↓
Land, Bellingham Listing by Hammer Properties NW Inc. 1 / 20
Price / sqft—
Lot0.32 acres
Year built—
TypeLand
HOANone
Cumulative Days Active774

About this home

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.

NWMLS logoListing courtesy of the Northwest Multiple Listing Service (NWMLS).

Price drop
Listed May 31, 2024MLS# 2390780

Facts & features

0.32 acLot
Building
TypeLand
Lot & exterior
Lot size0.32 acres (13,748 sqft)
ViewBay, Territorial
WaterfrontNo
ZoningOffice,Residential,See Remarks
Utilities
SewerOn Property
WaterOn Property
HOA & taxes
HOA duesNone
Property tax (2024)$9,898 / yr
Interior features
Exterior & lot

Monthly payment

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Payment estimate calculated by irenakolbert.com from the assumptions below — not part of the NWMLS listing data. A lender will confirm actual figures.

Loan term
Down payment$20%
Interest rate%
Est. total / month$5,73930-year fixed · 6.5%
P&I $4,804Taxes $825Insurance $110
Plus ~$28,500 closing costs (est. 3%), paid once at closing. Get pre-approval guidance →
Estimate only, using the down payment, interest rate, and loan term set above. The APR, which includes loan costs, may be higher than the rate. Includes estimated property tax (~0.95%), insurance (~$110/mo), and any HOA dues. Not an offer of credit — a lender will confirm actual terms.

Price history

DateEventPrice May 31, 2024Listed for sale $1,200,000

Tax history

YearAssessed valueProperty tax
Source: Whatcom County Assessor. Assessed value is not a market value.

Schools

Bellingham School District
ElementaryBuyer To Verify
MiddleBuyer To Verify
HighBuyer To Verify
School assignments come from the listing data provided by NWMLS. They're based on address and can change — verify with the district before relying on them.
⬤ Street view ↗
Downtown Bellingham5 min
WWU5 min
St. Joseph Hospital7 min
Peace Arch border33 min

Drive times are straight-line estimates calculated by irenakolbert.com — not part of the NWMLS listing data.

Median list price$600k600 active listings
Cumulative Days Active74median, active listings
List price per sqft$392this home: —
Homes for sale600in Bellingham

Area figures compiled by irenakolbert.com from current active NWMLS listings — not part of this listing's data.

Listing details

StatusActive
MLS #2390780
ListedMay 31, 2024
List price$950,000
Cumulative Days Active774
Property typeLand
Listing brokerageHammer Properties NW Inc.
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Hammer Properties NW Inc.. Based on information submitted to the MLS GRID as of Oct 23, 2026, 1:39 PM (date and time MLS GRID Data was obtained). 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. Some IDX listings have been excluded from this website: listings located outside Whatcom and Skagit counties are not displayed.
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