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    FOR LEASE
    Office buildings

    2413 Main St, Ferndale, WA 98248

    5,985 SF 0.35 ac lot Built 2010
    Trust Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US90-0668850
    2413 Main St, Ferndale, WA 98248 For Lease
    $950/Mo 802 SF available
    2413 Main St, Ferndale, WA 98248
    View Listing →
    Property summary
    AI-generated overview

    This exceptional Ferndale office space offers a variety of configurations ideal for coworking, creative, executive, or traditional office needs. The 5,986 square foot building, constructed in 2010, features ten suites across two stories, with two currently available, ranging from 480 to 710 square feet. Each suite boasts modern amenities including mini-split electric air conditioning and ample natural light from numerous windows. The building is secured with key fob entry and an alarm system. Shared amenities include restrooms and seventeen parking spaces. Conveniently located on a 0.35-acre lot, the property is zoned for residential and office use and features a clean, bright aesthetic. Additional benefits include Sunday janitorial service for common areas and the availability of heated, secure basement storage units for lease at an additional monthly cost (subject to availability). The property's APN is 3902300865500000. This is a fantastic opportunity for businesses seeking a modern, functional, and secure workspace in a desirable location. The minimum divisible space is 480 square feet.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 2010
    Total area 5,985 SF
    Lot 0.35 ac (15,320 SF)
    Zoning code RO
    APN 390230 086550 0000
    UPID US90-0668850
    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
    Current use
    Occupant on record · Public records
    • Summit Engineering & Design Engineering Consultant
    • Kohera3D Engineering Consultant
    • Siren Skin and Lash Studio Hair Salon
    • Elizabeth Isaacs Real Estate Agency
    • Ariel Larson Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.44M
    CAP Approach CAP
    $1.38M
    Comparable Approach Comparable
    $1.30M
    Blend (final) Blend
    $1.40M
    Owner & transaction history
    Lewis,t & R Living Trust · 5 yrs held
    Lewis,t & R Living Trust
    since 2020
    Last sale
    $1.1M
    4 recorded transactions
    2020
    $1.1M
    2009
    2009
    1969
    Zoning & alternative use
    RO · Ferndale, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.0M +16.9%
    Medical building $1.9M +6.7%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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