1501 Cornwall Avenue, Bellingham, WA 98225

$2,399,000

Listing courtesy of Windermere Real Estate Whatcom.

List Price
$2,399,000
Status
ACTIVE
MLS#
2025162
Price Change
▼ $200,000 1709004250
Days on Market
691
Annual Tax Ammount
10972
Internet Provider
Comcast

Property 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.

Additional Information

Community
Bellingham
Building Condition
Very Good
Style
60 - Comm Bldg Und 10K
Year Built
1972
# of Assigned Spaces
18
Roof
Built-Up, Flat, Torch Down
Tax Year
2022
Potential Terms
Conventional, Lease Purchase, See Remarks
Interior Features
Ductless HP-Mini Split, Forced Air, Heat Pump, Ceramic Tile, Concrete, Wall to Wall Carpet
Flooring
Ceramic Tile, Concrete, Vinyl, Carpet
Driving Directions
I-5 to Lakeway. Becomes Holly St. Holly to Cornwall. Right to 1501 Cornwall.
Energy Source
Electric, Natural Gas
Buyer Agency Compensation
2.5
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