1501 Cornwall Ave
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 380330-240216-0000 | Improvements Assessment | $453,524 |
Land Assessment | $834,500 | Total Assessment | $1,288,024 |
PROPERTY TAXES
Parcel Number
380330-240216-0000
Land Assessment
$834,500
Improvements Assessment
$453,524
Total Assessment
$1,288,024
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1501 Cornwall Ave
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