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1501 Cornwall Ave

9,400 SF Retail Building Bellingham, WA 98225 $2,399,000 ($255/SF)

Executive Summary

OPPORTUNITY ZONE Beautiful downtown Bellingham class "A" building. Million dollar upgrade/remodel in 2015. 4800 sqft up plus 4800 sqft built out lower level. Lots of power. Could be fully operational as a bank (with drive thru), insurance agency, or general office is less than a month. Zoning allows adding onto or up. No setbacks, parking or height restrictions. 16 on site parking spaces. Price far below replacement now with fantastic potential for additional development. This is an exceptional building for an investment or user. Four major banks within one block. Only building available with fully functional drive through.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
9,400 SF
Building Class
C
Year Built
1972
Price
$2,399,000
Price Per SF
$255
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Land Acres
0.34 AC
Opportunity Zone
Yes
Zoning
CA

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,400 SF
  • Retail
  • Outparcel
  • 30 Days
Space Size Space Use Position Available
1st Floor 8,400 SF Retail Outparcel 30 Days

1st Floor

Size
8,400 SF
Space Use
Retail
Position
Outparcel
Available
30 Days
Walk Score ®
Walker's Paradise (99)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
WaFd Bank
Heritage Bank
Banner Bank
CrossFit
Jazzercise
The YMCA
KeyBank
Umpqua Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
380330-240216-0000
Land Assessment
$834,500
Improvements Assessment
$453,524
Total Assessment
$1,288,024
  • Listing ID: 18735506

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 1501 Cornwall Ave, Bellingham, WA 98225

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