Multi-Use Retail and Warehouse
1593 Market Street Ferndale, CA 95536
1593 Market Street, Ferndale, CA, 95536
$3,250,000
Pending
For Sale
$3,250,000
Pending
A built-in-2006 facility combining retail, warehouse/storage, and office space with extensive parking and outdoor areas.
Property Size36,000 SF
Lot Size5.30 Acres
Days on Market245
Property Features for 1593 Market Street
General Information
- Standard status
- Pending
- Size
- 36,000 SF
- Lot size
- 5.30 Acres
- Property subtype
- Commercial
Listing Agency
COLDWELL BANKER CUTTEN REALTY
(707) 445-8811
Listed by
JOE MATTEOLI · License #01227617
Source
Corcoran
Added: Nov 18, 2025 Updated: Jul 10 at 3:59 pm Checked: Jul 19 at 4:39 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER CUTTEN REALTY
Investment Insights
Based on property information with market context.
Built in 2006, this multi-use commercial building brings together retail space, warehouse/storage areas, and office space under one roof. The configuration is designed to support businesses that need both customer-facing space and operational storage or back-of-house functionality. Outside, the property includes a large parking lot and expansive outdoor areas that were previously developed for a garden center.
The property is located at 1593 Market Street in Ferndale, positioned at the entrance to the historic Victorian Village of Ferndale. The existing site improvements provide practical support for day-to-day operations, with room for retail displays, events, or additional site enhancements tied to the outdoor garden center framework.
For buyers and owner-users, the mix of uses can accommodate a wide range of operating models, including retail with on-site storage and businesses that benefit from having office space adjacent to their warehouse functions. With significant existing infrastructure already in place and outdoor space suitable for programmed activities, this property may also appeal to investors looking for a versatile building format that can be tailored to evolving business needs.
The property is located at 1593 Market Street in Ferndale, positioned at the entrance to the historic Victorian Village of Ferndale. The existing site improvements provide practical support for day-to-day operations, with room for retail displays, events, or additional site enhancements tied to the outdoor garden center framework.
For buyers and owner-users, the mix of uses can accommodate a wide range of operating models, including retail with on-site storage and businesses that benefit from having office space adjacent to their warehouse functions. With significant existing infrastructure already in place and outdoor space suitable for programmed activities, this property may also appeal to investors looking for a versatile building format that can be tailored to evolving business needs.
Key Highlights
- Built in 2006 with a ±36,000 SF commercial building
- 5.3 acres of highly usable land
- Space mix includes retail, warehouse/storage, and office areas
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $324.0k | $9.00 |
| − Vacancy | −$24.0k | −$0.67 |
| EGI | $300.0k | $8.33 |
| − OpEx | −$45.0k | −$1.25 |
| NOI | $255.0k | $7.08 |
36,000 SF · lease $9.00/SF/yr · vacancy 7.40% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$13.60M
$11.90M – $15.86M
NOI $951,659 @ 7.0% cap · market cap 29.28%
Second Best
Office B
$6.70M
$5.86M – $7.81M
NOI $468,893 @ 7.0% cap · market cap 14.43%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nilsen Company
Pet Store & Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - A built-in-2006 facility combining retail, warehouse/storage, and office space with extensive parking and outdoor areas.
Where is this flex space located?
The property is located at 1593 Market Street Ferndale, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Built in 2006 with a ±36,000 SF commercial building; 5.3 acres of highly usable land; Space mix includes retail, warehouse/storage, and office areas
