1301-1307 Cornwall Ave Bellingham, WA
Second-floor space suitable for office, retail, or condo units.
- Added:
- Oct 28, 2025
- Days on Market:
- 258
- Last Refresh:
- May 20 at 9:13 pm
Property Features for 1301-1307 Cornwall Ave
General Information
- Standard status
- Active
- Size
- 6,800 SF
- Lot size
- 0.16 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1301-1307 Cornwall Ave Contact usListing office Pacific Asset Advisors, Inc (425) 990-6200
Listing date Oct 28, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Pacific Asset Advisors, Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Prime corner location in downtown Bellingham.
- Windows lining Corner and Holly St.
- Blank canvas space suitable for office, retail, or condo units.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.4k | $22.56 |
| − Vacancy | −$26.5k | −$3.90 |
| EGI | $126.9k | $18.66 |
| − OpEx | −$31.7k | −$4.66 |
| NOI | $95.2k | $13.99 |
