Presenting a rare opportunity to invest in the heart of Old Town Bellingham, one of the city's most coveted and historic neighborhoods. This prime site was previously fully permitted for a 50 unit apartment building, complete with underground parking. With the possibility to update the existing permits or redesign the project to increase the leasable area, this property offers incredible flexibility for investors and developers. The project also qualifies for a multi family housing tax exemption, adding even more value to this already exceptional opportunity. Whether you choose to proceed with the current plans or explore the potential for expansion, this is your chance to make a significant impact on the Bellingham skyline.