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    1414 Cornwall Ave Bellingham, WA 98225

    • Investment properties
    • 13,750 SF
    • 0.16 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    $700,000
    Location Intelligence
    Property ID
    US90-1386026
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bellingham Axe / Event Venue
    • New ignition key Bellingham WA / Car Repair And Maintenance Service / Repair Service
    • Evergreen Beauty College Bellingham / Beauty School
    • B. P. O. E. Building / Historical Landmark

    Property Details for 1414 Cornwall Ave

    Year built
    1912
    Lot size
    0.16 lot acres
    Property size
    13,750 SF
    Zone code
    CC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    380330 231173 0000
    APU
    3803302311730000

    Description

    This exceptional 2,911 square foot restaurant/retail space is available for lease in the heart of Bellingham, WA. Located at 1414 Cornwall Ave (cross street: E Magnolia), this single-tenancy unit is situated within a beautifully renovated, two-story, 20,120 square foot building (built in 1912, renovated in 2022) in the city's vibrant CBD, zoned accordingly. The property boasts a prime location with exceptionally high foot traffic, benefiting from its proximity to established businesses like Bellingham AXE and Evergreen Beauty College, ensuring a steady stream of customers throughout the day and into the evening. The open layout provides ample space for creative design and flexible use, making it ideal for a variety of concepts, from restaurants and bars to experiential businesses. Significant cost savings are available due to recently upgraded infrastructure and lower tax valuations extending through 2032. One elevator is available in the building. The property features a spacious layout and is ready for immediate occupancy. This is a rare opportunity to establish a thriving business in a highly desirable location. The APN is 3803302311730000. Contact us to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.477
    Latitude
    48.751
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $5,801
    $276,631
    $0.00
    $276,631
    -
    $276,631
    $0.00
    $276,631

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    1414 Cornwall Ave
    Bellingham, WA 98225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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