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    Property profile & analytics

    2008 Main St Ferndale, WA 98248-9468

    • Turn key restaurants
    • 2,400 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Jan 05, 2023
    $370,000
    Location Intelligence
    Property ID
    US90-1389768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Oyiso teriyaki / Japanese Restaurant
    • Uppercut Salon / Hair Salon / Beauty Salon
    • Simbus Solutions / Website Designer

    Property Details for 2008 Main St

    Year built
    1920
    Lot size
    0.04 lot acres
    Property size
    2,400 SF
    Zone code
    CTC
    Property type
    Turn key restaurants
    APN
    390229 135501 0000
    APU
    3902291355010000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $370,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $385,000
      Mixed-Use
      $380,000
      Hospitality
      $330,000
      Educational
      $325,000
      Residential Income
      $380,000
      Energy
      $355,000
      Income-Based Land
      $375,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.59
    Latitude
    48.8466
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,559
    $107,250
    $261,028
    $368,278
    -
    $107,250
    $261,028
    $368,278

    Comparable in this City

    • Value Estimation
      $505,000
      6,972 SF

      2038 Main St

      RESTAURANT • 6,972 SF
      2038 Main St, Ferndale, WA 98248-9468
      View Details
    • Value Estimation
      $385,000
      1,593 SF

      1851 Main St

      RESTAURANT • 1,593 SF
      1851 Main St, Ferndale, WA 98248-9454
      View Details
    • Value Estimation
      $415,000
      3,220 SF

      5694 3rd Ave

      RESTAURANT • 3,220 SF
      5694 3rd Ave, Ferndale, WA 98248-8394
      View Details
    • Value Estimation
      $2,300,000
      2,735 SF

      5623 Riverside Dr

      RESTAURANT • 2,735 SF
      5623 Riverside Dr, Ferndale, WA 98248-9443
      View Details
    • Value Estimation
      $335,000
      2,302 SF

      6104 Portal Way

      RESTAURANT • 2,302 SF
      6104 Portal Way, Ferndale, WA 98248-9363
      View Details
    • Value Estimation by Request
      2,848 SF

      1819 Main St

      RESTAURANT • 2,848 SF
      1819 Main St, Ferndale, WA 98248-9454
      View Details

    Similar Nearby for Sale

    • $699,000
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      Visible Building in Central Whatcom

      Stand-alone building in shell condition, ready for its next phase.
      1990 Main St, Ferndale, WA 98248
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    • $3,600,000
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      Ferndale Retail Property for Sale

      Retail property with 11,040 square feet of space.
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      Ferndale Commercial Land - Lot A

      Prime Ferndale development opportunity, grocery-anchored.
      0 Labounty Dr, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
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      View Details
    • $699,000

      Ferndale Commercial Building - Main Street

      High-visibility Ferndale commercial space. Ideal for retail & warehouse.
      1990 Main St, Ferndale, WA 98248
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    • $1,500,000
      16.88 Acres

      Ferndale Industrial Land - $1.5M

      16.88-acre industrial land, prime location.
      5391 Labounty Dr, Ferndale, WA 98248
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      7,158 SF

      New Retail & Office Space

      New construction retail and office space in a growing area.
      6252 Portal Way, Ferndale, WA 98248
      View Details
    • $18 SF/Yr
      9,785 SF

      Ferndale Retail Space Available

      9,785 SF retail space with natural light in Ferndale.
      1904 Main St, Ferndale, WA 98248
      View Details
    • $24 SF/Yr
      28,000 SF

      Ferndale Crossings Medical Office Space

      Prime Ferndale Retail/Office Opportunity
      5905 Portal Way, Ferndale, WA 98248
      View Details
    • $23 SF/Yr
      1,000 SF

      Retail Space in Grocery Outlet

      Former salon in a busy shopping center, Ferndale, WA.
      1730-1750 Labounty Dr, Ferndale, WA 98248
      View Details
    • $16 SF/Yr
      5,850 SF

      High-Visibility Retail Space Available

      Retail spaces available along I-5 with ample parking.
      5100 Pacific Hwy, Ferndale, WA 98248
      View Details
    • $20 SF/Yr
      1,560 SF

      Retail and Office Complex

      Commercial retail and office space for lease in Ferndale.
      1887 Main St, Ferndale, WA 98248
      View Details
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    2008 Main St
    Ferndale, WA 98248-9468
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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