$1,595,000
Est. $8,132/mo2701 Nevada Street, Bellingham, WA 98226
• Listed 2026-07-06•17 days on market
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This exceptional 0.86-acre parcel in the heart of the desirable Roosevelt neighborhood offers a rare combination of historical charm, prime location, and outstanding development potential. The site features a substantial 20,000 sq ft warehouse originally constructed in the 1930s as a cannery, built with beautiful old-growth fir and cedar. While the structure stands as a testament to Bellingham’s industrial past—with direct rail access where trains once stopped to load and unload goods—it is ready for its next chapter. Highest and best use shines through: the seller has already completed plans for a 14-unit townhouse development (Haven Designs). Permits have not yet been pulled, giving the next owner the ability to make edits and move quickly on this development. The lot is level, free of wetlands, and perfectly suited for residential development in one of Bellingham’s most sought-after areas. Buyers looking to preserve the industrial character can continue using the warehouse for commercial purposes. With some thoughtful TLC, this sturdy, character-filled building—featuring its original heavy timber construction—could serve a variety of business needs while maintaining its historic appeal. The property sits directly adjacent to the popular Railroad Trail, offering immediate access to walking, biking, and outdoor recreation that defines Bellingham living. Residents and tenants will enjoy easy connectivity to downtown, nearby amenities, parks, and the vibrant community.
Listed by Derek Buse • COMPASS
Listing updated: July 6, 2026 at 10:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2547453
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2701 Nevada Street, Bellingham, WA 98226
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Bellingham is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 28 days.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Bellingham School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
