All homes

$1,700,000

6231 Portal Way

Ferndale, WA 98248

Active
Territorial view

Beds

—

Baths

—

Sq Ft

—

Lot

1.25 ac

Year built

—

Type

Land

Days listed

0

MLS #

2584369

About this home

Exceptional development opportunity in Ferndale! This General Business-zoned property is ready to build, offering three planned building sites with the costly and time-consuming site work already completed. Stormwater infrastructure, water, sewer, and electrical are in place, allowing a developer to move directly toward vertical construction and significantly reducing development time, cost, and uncertainty. A Binding Site Plan is currently in process, creating the ability for each of the three buildings to be separately owned and sold once constructed—providing excellent flexibility for development, financing, and future disposition. Develop all three buildings, sell individually, retain as investments, or occupy one and sell or lease the others. Flexible General Business zoning allows for a broad range of potential uses, including retail, office, industrial, flex, showroom, service businesses, and other commercial uses. The combination of flexible zoning, completed infrastructure, multiple building sites, and the potential for individual building ownership makes this an outstanding opportunity for an owner-user, investor, or developer. Skip much of the expensive groundwork and start with a site positioned for construction and multiple long-term exit strategies.

Property details

View
Territorial
Lot
Curbs, Paved, Sidewalk
Water source
Available
Sewer
On Property
Utilities
Electricity Connected, Natural Gas Available

Estimate your monthly payment

$8,596/mo

Principal & interest
$8,596
Loan amount $1,360,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Ferndale, WA 98248

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere RE Whatcom, Inc.— Dave Rehm.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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