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EXECUTIVE SUMMARY
OPPORTUNITY ZONE Beautiful downtown Bellingham class "A" building. Million dollar upgrade/remodel in 2015. 4800 sqft up plus 4800 sqft built out lower level. Lots of power. Could be fully operational as a bank (with drive thru), insurance agency, or general office is less than a month. Zoning allows adding onto or up. No setbacks, parking or height restrictions. 16 on site parking spaces. Price far below replacement now with fantastic potential for additional development. This is an exceptional building for an investment or user. Four major banks within one block. Only building available with fully functional drive through.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
9,400 SF
Building Class
C
Year Built
1972
Price
$3,001,228 CAD
Price Per SF
$319.28 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
CA
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 380330-240216-0000 | Improvements Assessment | $635,950 CAD |
| Land Assessment | $1,170,169 CAD | Total Assessment | $1,806,119 CAD |
PROPERTY TAXES
Parcel Number
380330-240216-0000
Land Assessment
$1,170,169 CAD
Improvements Assessment
$635,950 CAD
Total Assessment
$1,806,119 CAD
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1501 Cornwall Ave
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