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.
Active
Listed by: COMPASS • Derek Buse
$1,595,000
2701 Nevada Street, Bellingham, WA 98226
--beds
--baths
0.85Acres
Unimproved Land
Built in ----
0.85 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Lot is levelFree of wetlands
- --
- on Zillow
- 132
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Derek Buse,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2547453
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 0.85 Acres
- Dimensions: 120' x 309'
- Features: Adjacent to Public Land, Paved, Sidewalk, Evergreens, Lightly Treed
- Topography: Level
Details
- Parcel number: 3803201061900000
- Zoning: PRM4
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: In Street
- Sewer: In Street
- Water: Available, In Street, Jurisdiction: COB
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Roosevelt
Location
- Region: Bellingham
Financial & listing details
- Tax assessed value: $736,820
- Annual tax amount: $6,119
- Date on market: 7/6/2026
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $1,595,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,119 +10.9% | $736,820 +9.3% |
| 2024 | $5,517 +15.7% | $673,921 +10% |
| 2023 | $4,768 -5.2% | $612,646 +3% |
| 2022 | $5,031 +5.6% | $594,802 +16% |
| 2021 | $4,763 -5.6% | $512,760 |
| 2020 | $5,047 | $512,760 +72.3% |
| 2019 | $5,047 +66.6% | $297,558 +13.4% |
| 2018 | $3,030 +13.7% | $262,425 +6.8% |
| 2017 | $2,665 -8.7% | $245,714 +8.7% |
| 2016 | $2,919 +18.3% | $225,952 |
| 2015 | $2,467 | $225,952 +2.9% |
| 2014 | $2,467 -0.4% | $219,584 +4.3% |
| 2013 | $2,478 | $210,449 |
Find assessor info on the county website







