1501 Cornwall AveBellingham, WA 98225

This exceptional Class A retail bank building in downtown Bellingham, WA, presents a unique investment or user opportunity. Located at 1501 Cornwall Ave, this 8,640 square foot, two-story building sits on a 0.34-acre lot and boasts 16 on-site parking spaces. Built in 1972 and extensively renovated in 2017, the property offers a fully functional drive-thru, making it ideal for a bank, insurance agency, or general office. The building features a 4,800 square foot upper level and a 4,800 square foot built-out lower level, with ample power. Zoning allows for expansion, with no setbacks, parking, or height restrictions. Priced at $2,199,000 ($295.14/sq ft), this property is significantly below current replacement cost. Its prime location in the Opportunity Zone, near four major banks, adds to its considerable potential. The 100% occupancy rate ensures immediate cash flow. This is a rare opportunity to acquire a fully operational, high-quality building in a thriving downtown area. APN: 75284.