For Sale
Property summary
This exceptional 1.13-acre commercial property at 5644 Barrett Road in Ferndale, WA, presents a remarkable investment opportunity. Its prime location, just off Interstate 5, offers unparalleled accessibility and visibility, placing it within easy reach of both Vancouver, BC, and Bellingham. The nearly 50,000 square foot, level, asphalt-paved lot is zoned MXD (Mixed Use District), allowing for a diverse range of commercial and residential possibilities. Imagine a thriving mixed-use development incorporating retail, restaurants, offices, or even a multi-family component. The generous zoning opens doors to a wide array of businesses, from a convenient drive-through coffee shop to a full-service bank, pharmacy, or restaurant. The property's strategic location near Main Street and I-5 ensures high traffic counts, providing significant potential for businesses seeking a high-visibility location. Other suitable uses include a hotel, office center, auto/truck repair facility, convenience store with fuel, or contractor offices, all benefiting from ample parking and storage space. This is a rare chance to acquire a well-positioned, versatile commercial property with significant growth potential. The asking price is $750,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
MCD · Ferndale, WAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for MCD in Ferndale, WA.
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Find the owner behind the property.
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