1501 Cornwall Avenue Bellingham, WA $ 2,399,000
1501 Cornwall Avenue
$ 2,399,000
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1501 Cornwall Avenue

Bellingham, WA, 98225
$ 2,399,000
Baths0.0

Monthly Estimate*

$ 15,944

Listed by Windermere Real Estate Whatcom
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Studio

Commercial Property for sale in Bellingham, WA

for $2,399,000. This building was built in 1972 on a lot size of 0.34.

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.

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Commercial Active

Price

$ 2,399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,972

Style

Comm Bldg Und 10K

Lot Size

0.34

Year Built

1972

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2025162

Features
General
Interior Features Ductless HP-Mini Split Forced Air Heat Pump Ceramic Tile Concrete Wall to Wall Carpet
Sewer Sewer Connected
Possession Closing
Roof Built-Up Flat Torch Down
Exterior Features Brick Cement/Concrete Metal/Vinyl Wood
HOA 0
Year Built 1972
Topography Level
Property SubType Commercial Industrial
Tax Year 2022
County Whatcom
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Bellingham
Possible Use Business Commercial Multi-Family Office Residential Retail
Building Features Disabled Access Signage Included Storage
Special Listing Conditions None
Status Active
Directions I-5 to Lakeway. Becomes Holly St. Holly to Cornwall. Right to 1501 Cornwall.
City Bellingham
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 14810
Carport Y/N N
Street Name Cornwall
Listing Terms Conventional Lease Purchase See Remarks
Tax Annual Amount 10972
Property Condition Very Good
Public Remarks 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
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company City
Zoning Class Business Commercial Multi-Family Office Residential Retail
Property Style 60 - Comm Bldg Und 10K
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Interior
Flooring Ceramic Tile Concrete Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Community Public
Total Parking 18
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions Irregular
Lot Size Acres 0.34
Covered Spaces 2
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 193
Parking Uncovered Total 16
Lot Number 11
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Internal Only
OriginalMLSID NWM2025162
Street Number 1 1501
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* Excluded Features
List By
John Templeton

Listing Agent

Windermere Real Estate Whatcom

Broker

Affordability Calculator

$16,859
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,944
Monthly Property Taxes
$914
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$2,399,000 -4.04% Price Down
1/4/2023$2,500,000 Listed Price

Map


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1501 Cornwall Avenue, Bellingham, WA, 98225 is a Commercial Property for sale at $2,399,000 with a lot size of 0.34. 1501 Cornwall Avenue is a studio with 0.0 baths and was built in 1972. The property's zip code is 98225 which is in Bellingham, WA