1929 Baltic Way Ferndale, WA 98248
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.