1522-1530 Cornwall Avenue – Bellingham, WA

  • $7,600,000
1522 Cornwall Ave, Bellingham, WA, 98225
For Sale
1522-1530 Cornwall Avenue – Bellingham, WA
1522 Cornwall Ave, Bellingham, WA, 98225
  • $7,600,000

Overview

Property ID: 692894
  • Retail
  • Property Type
  • For Sale
  • Listing Type
  • 25000
  • Building (sq ft)
  • 70567
  • Lot Size
  • 1974
  • Year Built
  • Retail,Multi-Family
  • Asset Class

Description

1522-1530 Cornwall Avenue #692894
Status: Available
Unique redevelopment opportunity in Bellingham’s Central Business District. The 25,059 sq ft building was initially constructed as a neighborhood Safeway grocery store on multiple parcels that total 77,101 sq ft providing an abundance of parking for a user. The building has heavy power, grease trap, plumbing upgrades, recent HVAC upgrades, and more. Uses for the property include gym, brewery with restaurant, specialty foods, recreational facility, or public use for community support. Developers have flexibility with the Interim Parking Reform Ordinance that allows developers more flexibility of providing less parking to maximize residential development projects for this high-density development site. Seller is in the process of providing an independent redevelopment study for the property.

Market Area: Whatcom County
County: Whatcom
Listing Type: For Sale
Asset Class: Retail,Multi-Family
General Zoning: UV
Cap Rate: 0
Year Built: 1974
Construction Type:
Floors: 1
Parking: 96  (Covered: 0 & Uncovered: 96)

Flyer:


Listing Courtesy of: Pacific Continental Realty, LLC – KC Coonc (#14295)

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.

Property Documents

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  • 1522 - 1530 Cornwall Ave
    Bellingham, WA 98225
    USA
  • Whatcom County

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Disclaimer: The information contained in this listing has not been verified by Muljat Group Inc. - Bellingham and should be verified by the buyer.

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