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357 Martin St , Blaine, WA 98230
$1,099,990
Est. Payment: $5,338.39/mo
5 Bed
3 Bath
2940 Sqft
Status: active | Days on site: 67
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Prime mixed-use investment opportunity in the heart of Blaine, WA. This 3,000 sq ft income-producing commercial building offers a strong blend of residential and retail revenue streams in a high-demand, walkable location. Featuring multiple fully leased units, this property provides immediate cash flow with upside potential. The upper level includes two remodeled residential units, each approximately 750 sq ft with 2 bedrooms and 1 full bath, showcasing modern upgrades such as custom cabinetry, luxury vinyl plank flooring, tile finishes, updated appliances, new windows, and doors. The main level offers flexible commercial space with established retail presence, three office suites, and an additional residential unit, creating diversified income sources. Recent capital improvements include new cement board siding, a new roof, and composite exterior stairs, enhancing long-term durability and reducing future maintenance costs. Ample parking is available via alley access and street frontage. Strategically located near downtown Blaine, I-5, and the US/Canada border, this property benefits from consistent local traffic and cross-border economic activity. Ideal for investors seeking a stabilized asset with mixed-use zoning, strong rental history, and long-term appreciation potential.
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Highlights

Listed by Brandi Coplen , 360-371-5100 Windermere RE Whatcom, Inc. , 360-371-5100. Northwest Multiple Listing Service

Property Type

Multi-Family
Lot/Acreage
0.12

Year Built

1990

County

Whatcom

Area

880 - Blaine/Birch Bay

 Neighborhood

Blaine

 School District

Blaine

Listing ID

2517689

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:
Floor:Laminate,Vinyl Plank,Carpet
Other:City of Blaine

Exterior Features

Lot:Alley,Paved,Sidewalk,Cable TV,High Speed Internet,Zoning: Business
Garage Capacity:4
Zoning:Business
Roof:Composition,Flat
Others:Cement Planked,Updated/Remodeled
Sewer:City of Blaine
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$5,338
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$239

Home Price

$1,099,990

Home Price

Loan Details

30 yrs
6.11%

Interest Rate

Loan Type

Down Payment

20%
$219,998

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,338.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,338.39 $238.67 $0.00 $5,577.06
Yearly $64,060.69 $2,864.00 $0.00 $66,924.69
Total $1,921,820.78 $85,920.00 $0.00 $2,007,740.78
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Blaine, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-06-29T04:33:12.000Z

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