$2,399,000
1501 Cornwall - Bank Building
Listing Type: For Sale
Property Type: Retail
Status: Available
CBA ID#: 661076
1501 Cornwall Ave
Bellingham, WA 98225

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Commercial Property

Marketing Description:

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.

Land Features:

  • Lot Size: 14810 SqFt
  • Lot Acreage: 0.34 Acres
  • Zoning: UV

Building Features:

  • Building Size: 8640 SqFt
  • Number of Floors: 2
  • Cap Rate: 0.00%
  • Year Built: 1972
This Listing Supplied Courtesy of Windermere - Whatcom Co.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity