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Downtown Bellingham Restaurant/Retail Space
For Lease
$16 SF/Yr NNN

1414 Cornwall Ave, Bellingham, WA 98225

Renovated 2,911 SF space in historic downtown Bellingham building.

Space Size2,911 SF
Property Size20,625 SF
Days on Market151

Property Features for 1414 Cornwall Ave

General Information

Standard status Active
Size 2,911 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 20,625 SF
Year Built 1912

Spaces For Lease

at 1414 Cornwall Ave Contact us

Main Floor Unit $16/SF/Yr

Size
2,911 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: eXp Commercial
Listed By: Diana Choi · License #WA #23036396
Source: 7s
Added: Mar 26 Changed: Aug 23 Last Checked: Aug 22 at 2:11PM

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 eXp Commercial

Investment Insights

Based on property information with market context.

Located in a renovated historic building in downtown Bellingham, this 2,911 square foot space is suitable for a restaurant or retail business. The space has been updated to be fully ADA compliant, offering an accessible atmosphere. The building includes a lobby. The space can be configured to include a bar area. A large hood, cleaned after the previous tenant's departure, is included. The property has access to a back alley for deliveries and waste disposal. The City of Bellingham is focused on revitalizing its downtown core, including enhancing foot traffic and outdoor seating options for restaurants. The building's new infrastructure and lower tax valuations result in reduced NNN costs through 2032. The property is the last available unit in the building and may benefit from foot traffic from day and night patrons. Students from the Evergreen Beauty College and patrons of the nearby Bellingham AXE may provide additional traffic.

Key Highlights

  • Prime downtown Bellingham location in a beautifully renovated, historic building.
  • Significantly reduced NNN costs due to new infrastructure and lower tax valuations through 2032.
  • Grandfathered large hood, thoroughly cleaned.

Property Analytics

Current Use

Bellingham Axe Hotel & Motel New ignition key ... Auto Repair Shop Evergreen Beauty College ... Vocational School B. P. O. ... Tour Operator

Suggested Use

Top Pick Auto Parts Store Storage Facility HVAC Service Butcher (Bike/Boat/Book/etc) Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

3,637
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
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 0.3 miles
Dollar Tree Shops & Services
10,253 visits/mo 0.2 miles
U.S. Bank Shops & Services
6,011 visits/mo 0.2 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

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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated 2,911 SF space in historic downtown Bellingham building.
Where is this conventional restaurant located?
The property is located at 1414 Cornwall Ave Bellingham, WA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime downtown Bellingham location in a beautifully renovated, historic building.; Significantly reduced NNN costs due to new infrastructure and lower tax valuations through 2032.; Grandfathered large hood, thoroughly cleaned.
More about this property
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