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Waterfront Resort Commercial Development Site
For Sale
$799,888

4817 Alderson Road, Blaine, WA 98230

Development site with water views near Birch Bay, zoned resort commercial and supporting mixed-use and drive-through uses.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market1101

Property Features for 4817 Alderson Road

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Land
Zoning resort commercial

Additional Details

Multifamily Units 18

Taxes and HOA fees

Annual Taxes $3,516

Amenities

0, 0, 0, 0
No
Paved
Listing Agency: Windermere Real Estate Whatcom
Listed By: Kevin Geraghty · License #20363
Source: Compass
Added: Aug 21, 2023 Changed: Aug 24 Last Checked: Aug 23 at 2:55AM

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 Windermere Real Estate Whatcom

Investment Insights

Based on property information with market context.

This waterfront development site is just steps to Birch Bay beach and includes older existing buildings that the owner states could be fixed up for income prior to new development. The property is described as nearly one acre and is noted as zoned resort commercial, with flexibility for apartments, condos, retail, restaurants, and mixed-use development. Drive-through is also permitted, and the remarks indicate time-share or hotel-style development is feasible under the site’s unit parameters.

According to the provided details, condo/apartment development is outlined as a minimum of 8 units and a maximum of 18 units. Time share/hotel development is outlined as a minimum of 16 units and a maximum of 22 units. The property is also described as having water views.

A mobile home and garage on the site are currently leased, with the provided rent stated at $650, and tenants should not be disturbed.

Key Highlights

  • 0.8225‑acre development site with water views just steps to Birch Bay beach
  • Zoned resort commercial; supports apartments, condo, retail, restaurants, mixed‑use, and drive‑through use
  • Condo/apartment unit plan: minimum 8 units, maximum 18 units

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Nail Salon Parking Lot & Garage Grocery & Convenience Store Furniture & Home Goods Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 98230, WA

18,754
Population
9,395
Households
2
Avg Household Size
48
Median Age
32%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
441
Density / Sq Mi
$82,716
Median Household Income
$45,603
Median Earnings
$1,255
Median Rent
$467,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Development site with water views near Birch Bay, zoned resort commercial and supporting mixed-use and drive-through uses.
Where is this apartment building located?
The property is located at 4817 Alderson Road Blaine, WA.
What is the asking price?
The asking price for this property is $799,888.
What are key features of this property?
This property features: 0.8225‑acre development site with water views just steps to Birch Bay beach; Zoned resort commercial; supports apartments, condo, retail, restaurants, mixed‑use, and drive‑through use; Condo/apartment unit plan: minimum 8 units, maximum 18 units
More about this property
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