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$1,500,000 Just Listed
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Property Description
Prime development opportunity in downtown Blaine at the corner of F St & 3rd St. Highly visible, level site with existing curb cut and direct access to Peace Portal Dr, the waterfront, and cross-border traffic. Zoned Central Business - Town Portal (TP) with multifamily and commercial potential. Recent city action has temporarily removed key development constraints in the Central Business District, including height limits and parking requirements, creating a rare window for increased density and design flexibility. Conceptual plans available for a 40+ unit multifamily project. Value is in the land and development potential. Ideal for developers or investors looking to capitalize on evolving downtown Blaine zoning and growth.
Full Property Details
Full Property Details for 265 F St
General
- Price: $1,500,000
- Taxes: $2,557 (2026)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2495202
- Updated: 3/19/2026
- Added to Site: 1 day(s) ago
Location
- Area: 880 - Blaine/Birch Bay
- County: Whatcom
- Subdivision: Blaine
- Building Name: REC AF 2025-0200553
- Driving Directions: From H St, turn north onto 3rd. Property is at the corner of 3rd and F Street on the southwest side.
School Information
- High School District: Blaine
Utilities
- Electric Available: Yes
- Sewer: Available, On Property
- Water: Available, In Street
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Structure Type: Multi Family
Lot Features
- Property View: Islands
- Lot Size (Acres): 0.61
- Lot Size (Sq. Ft.): 26,571
- Lot Size Source: Assessor's site
- Street/Road Desc.: County Maintained, Paved
- Topography: Level
- Lot Features: Corner Lot, Paved
- Zoning: Business, Commercial, Multi-Family, Residential, Retail
Financial Considerations
- Tax Amount: $2,557.79
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 4151365360630000
- Block: 30
- Lot Number: 9 thru 17 and part of 8
Listed by John W Ramsey | Keller Williams Western Realty | (360) 738-7070
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Schools
Schools serving 265 F St
School District:Blaine School District
| Name | Grades | Distance |
|---|---|---|
Blaine Elementary School 836 Mitchell Avenue, Blaine, WA 98230 | 3-5 | 0.5 mi |
Blaine Primary School 820 Boblett Street, Blaine, WA 98230 | K-2 | 0.6 mi |
Point Roberts Primary School Pt. Roberts Primary, Point Roberts, WA 98281 | K-3 | 13.3 mi |
Blaine Middle School 975 H Street, Blaine, WA 98230 | 6-8 | 0.5 mi |
Blaine High School 1055 H Street, Blaine, WA 98230 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 265 F St
Date
Details
Price
Change
Source
3/19/2026
Listed
$1,500,000
200%
MLS
2/27/2025
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 265 F St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,570
-6%
$375,151
-6%
2024
$2,726
2%
$397,866
—
2024
$2,675
-15%
$397,866
—
2021
$3,132
2%
$397,866
15%
2023
$3,075
-2%
$346,811
6%
2021
$3,132
-4%
$327,192
—
2020
$3,254
—
$327,192
2%
2019
$3,257
-10%
$319,523
—
2018
$3,617
12%
$319,523
—
2017
$3,225
—
$319,523
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 265 F St
265 F Street, Blaine, WA 98230 (MLS# 2495202) is a Multi-Family property with a lot size of 0.61 acres. 265 F Street is currently listed for $1,500,000 and was received on March 19, 2026. Want to learn more about 265 F Street? Do you have questions about finding other Multi-Family real estate for sale in Blaine? You can browse all Blaine real estate or contact a Coldwell Banker agent to request more information.

