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Mixed-Use Retail Building with Storefront
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1321-1323 Cornwall Ave, Bellingham, WA 98225

Single building with a small storefront and the remainder configured for retail online sales, with month-to-month occupancy.

Property SizeContact for details
Days on Market246

Property Features for 1321-1323 Cornwall Ave

General Information

Standard status Active
Property subtype RETAIL
Listing Agency: Pacific Continental Realty, LLC
Listed By: KC Coonc · License #17357
Source: Moodyscre
Added: Jan 23 Changed: Sep 12 Last Checked: Sep 26 at 1:26PM

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

Investment Insights

Based on property information with market context.

Situated in Bellingham’s retail commercial core, this building is positioned next to Peoples Bank on Cornwall Avenue. The property currently operates with a small storefront, while the balance of the building is set up for retail online sales. The long-term tenant is month to month.

Prior to the current use, the building was segregated for two separate retail tenants. The layout also presents an opportunity to create second-floor apartments over the commercial space, subject to applicable approvals and maintaining the operating business. Appointments are required and the operating business should not be disturbed.

A closing is handled through Guardian NW Title & Escrow. Seller financing is available, offer and terms are subject to the listed terms: 20% down, 6% P&I, 25-year amortization, with a 5-year balloon, OAC.

Key Highlights

  • Located in Bellingham’s retail commercial core next to Peoples Bank on Cornwall Avenue
  • Current setup includes a small storefront plus space configured for retail online sales
  • Long‑term tenant is on a month‑to‑month basis

Property Analytics

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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.

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
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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
Rey
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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 - Single building with a small storefront and the remainder configured for retail online sales, with month-to-month occupancy.
Where is this storefront property located?
The property is located at 1321-1323 Cornwall Ave Bellingham, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Located in Bellingham’s retail commercial core next to Peoples Bank on Cornwall Avenue; Current setup includes a small storefront plus space configured for retail online sales; Long‑term tenant is on a month‑to‑month basis
(360) 305-9977 Call to check price and availability
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