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Downtown Retail Building with Mezzanine
For Lease
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1321-1323 Cornwall Ave, Bellingham, WA 98225

Two adjacent storefronts on the main floor, plus mezzanine office space and basement storage, with back-alley access and two parking spaces.

Space Size7,078 SF
Days on Market182

Property Features for 1321-1323 Cornwall Ave

General Information

Standard status Active
Size 7,078 SF
Total Parking Spaces 2
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1321-1323 Cornwall Ave
Available Space $14/SF/Yr
Size 7,078 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Situated in Bellingham’s Retail Commercial Core, this building is situated next to Peoples Bank on Cornwall Avenue. The building is 7,798 sq ft total, with a main floor area of 6,415 sq ft that has two adjacent storefronts that create an opportunity for two separate suites. There is 663 sq ft of mezzanine for office space plus 720 basement storage. Excellent retail location in the downtown core with back-alley access for shipping and receiving that includes 2 parking spaces. The building is value priced retail space and is also listed for sale for $1.2m.
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Listing Agency: Pacific Continental Realty, LLC
Listed By: KC Coonc · License #17357
Source: Moodyscre
Added: Apr 30 Changed: Oct 25 Last Checked: Oct 26 at 3:51PM

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 Continental Realty, LLC

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Investment Insights

Based on property information with market context.

This downtown retail building includes 6,415 sq ft of main floor space with two adjacent storefronts that can support two separate retail suites. Additional area includes 663 sq ft of mezzanine for office use and 720 sq ft of basement storage.

The property is located in Bellingham’s retail commercial core, next to Peoples Bank on Cornwall Avenue. Back-alley access is available for shipping and receiving, along with two parking spaces.

The offering provides a practical mix of retail frontage, secondary office space, and storage, supported by rear access for operations.

Key Highlights

  • 7,798 sq ft building with 6,415 sq ft main floor retail plus 663 sq ft mezzanine office and 720 sq ft basement storage
  • Main floor features two adjacent storefronts that can be arranged as two separate suites
  • Back‑alley access designed for shipping and receiving

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Fish Market Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,548
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Groceries 20% Dining 6% Home Improvements & Furnishings 6%
Grocery Outlet Bargain Market Groceries
13,469 visits/mo 0.4 miles
Dollar Tree Shops & Services
10,253 visits/mo 0.4 miles
U.S. Bank Shops & Services
6,011 visits/mo 0.1 miles
Chase Bank Shops & Services
4,015 visits/mo 0.1 miles
Peoples Bank Shops & Services
3,812 visits/mo 0.1 miles

Demographics for 98225, WA

49,078
Population
24,202
Households
2
Avg Household Size
31
Median Age
48%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
3,895
Density / Sq Mi
$62,220
Median Household Income
$33,122
Median Earnings
$1,430
Median Rent
$588,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • A New Leaf Flower Shoppe — 1327 Cornwall Ave, Bellingham, WA 98225
  • Johnson's Flower Shop — 121 W Magnolia St, Bellingham, WA 98225
  • All About Flowers — 104 Ohio St, Bellingham, WA 98225
  • Johnson's Flower Shop — 104 Ohio St, Bellingham, WA 98225

Frequently Asked Questions

What type of property is this?
Storefront property - Two adjacent storefronts on the main floor, plus mezzanine office space and basement storage, with back-alley access and two parking spaces.
Where is this storefront property located?
The property is located at 1321-1323 Cornwall Ave Bellingham, WA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 7,798 sq ft building with 6,415 sq ft main floor retail plus 663 sq ft mezzanine office and 720 sq ft basement storage; Main floor features two adjacent storefronts that can be arranged as two separate suites; Back‑alley access designed for shipping and receiving
(360) 305-9977 Call to check price and availability
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