7
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Listed by:Windermere RE Whatcom, Inc. • Dave Rehm
$1,700,000
Est. payment /mo
1.25 Acres Lot
New
6231 Portal WAY Ferndale, WA 98248
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Ferndale
MLS Listing ID 2584369
Style 41 - Res-Over 1 Acre
Lot Size 1.250 Acres
Property Sub-Type Land
Property Description
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.
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Curbs, Paved, Sidewalk
Sewer On Property
Water Available
Schools
School District Ferndale
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS