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Property profile & analytics
OFF-MARKET
Warehouses

1929 Baltic Way Ferndale, WA 98248

Property ID
Property summary
AI-generated overview

This exceptional flex space condo, located at 1929 Baltic Way in Ferndale, Washington, 98248, offers 2,228 square feet of versatile space ideal for a variety of light commercial uses. Situated off Portal Way, this unit provides convenient access to Interstate 5, enhancing logistical efficiency. The well-finished interior boasts two overhead doors (measuring 14' x 14' and 9' x 8'), a full bathroom equipped with a toilet, sink, and shower, and a unique timber-framed loft area, adding extra storage or office space. The property is wired for Comcast, features a sprinkler system, and includes a 100-amp service and a 50-amp RV plug-in. Natural gas heating ensures comfortable year-round operation. While suitable for personal and commercial storage, office space, and other light commercial applications, uses must adhere to Condo Association guidelines and are not permitted to be open to the public. This is a multi-tenant building with one unit currently available. The property's strategic location and comprehensive amenities make it an attractive opportunity for businesses seeking a functional and well-appointed workspace.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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