Retail Property in Bellingham,
2500 Cornwall Ave Bellingham, WA
For Sale
Contact for pricing
Retail property available for sale in Bellingham, Washington.
Property Size6,625 SF
Lot Size0.15 Acres
Price / SF$309.43
Days on Market337
Property Features for 2500 Cornwall Ave
General Information
- Standard status
- Active
- Size
- 6,625 SF
- Lot size
- 0.15 Acres
- Property subtype
- RETAIL
Listing Agency:
Westcom Properties, Inc.
(360) 739-9300
Listed By:
Brian Finnegan, CCIM
(360) 739-9300
Source:
Moodyscre
Added: Aug 25, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:34AM
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 Westcom Properties, Inc.
Investment Insights
Based on property information with market context.
This retail property, located at 2500 Cornwall Ave in Bellingham, WA, offers 6,625 square feet of space. The property is suitable for retail and other retail purposes.
Key Highlights
- Retail property for sale
- Located in Bellingham, Washington
Financial Insights For Retail
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 | $119.3k | $18.00 |
| − Vacancy | −$6.3k | −$0.95 |
| EGI | $112.9k | $17.05 |
| − OpEx | −$33.9k | −$5.11 |
| NOI | $79.1k | $11.93 |
6,625 SF · lease $18.00/SF/yr · vacancy 5.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.13M
$988.1K – $1.32M
NOI $79,051 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,402 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Avellino Gluten Free ...
Bakery
Bright & Sunny Wild ...
Food Processing Plant
FAQs
What type of property is this?
Retail property - Retail property available for sale in Bellingham, Washington.
Where is this retail property located?
The property is located at 2500 Cornwall Ave Bellingham, WA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Retail property for sale; Located in Bellingham, Washington
