1501 Cornwall Ave $2,150,000

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    1501 Cornwall Ave Bellingham, WA 98225

    • 0.34 Acres
    • Commercial/Industrial
    Listing# 1508154 | Active
    Days On Market: 61 2 Views
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    Property Details

    Class "A" building in premium condition. 6.5 Cap Rate. Property has no setback, height or parking restrictions. Current configuration is set up as a bank with vault, private offices drive thru and drive up window, as well as the building being serviced by fiber optic cable. Fantastic downtown location in opportunity zone. City center urban village designation. Excellent signage and high visibility. Owner/Agent.

    • General Features
      • County Whatcom
      • Approx Building SqFt 10,000
      • Approx Office SqFt 4,400
      • Approx Whse/Mfg SqFt 4,400
      • Zoning Class Business, Commercial, Multi-Family, Office, Residential, Retail
      • Lot Dimensions Irregular
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 2
      • Total Uncovered Parking 16
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Brick, Cement/Concrete, Wood
      • Foundation Poured Concrete
      • Roof Built-Up, Flat, Torch Down
      • Floor Covering Ceramic Tile, Concrete, Vinyl, Wall-to-Wall Carpet
      • Features Signage Included, Storage
      • Heating and Cooling Forced Air, Heat Pump
    • Property Features
      • Depth of Lot 130
      • Site Frontage 193
      • Expansion Area Y
      • Environment Survey Y
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City
      • Energy Source Electric, Natural Gas
      • Power Company PSE
      • Number of Available Pads 0
      • Pad Ready Y
      • Lot Square Footage 14,810
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 8,640
      • Total Monthly Rent $12,600
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $11,903
      • Heating Expense $0
      • Insurance Expense $0
      • Other Expenses $0
      • Tax Year 2019
      • Annual Assoc. Dues $0

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    Neighborhood

    98225 (Bellingham) Demographics

    29Median Age
    3,901Population Density (per sq. mile)
    52%College Educated
    $40,370 Estimated Median Income
    7,991Estimated Total Home Owners
    11,632Estimated Total Renters
    41% / 59%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    49,240Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $467,500 Median Sales Price
    34 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,150,000
        8/21/2019 12:11:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.