Fantastic multifamily development opportunity in the heart of downtown Ferndale. The value is in the land, with architectural and civil design complete for a 9-unit apartment building with an optional retail component along the 3rd Avenue frontage. The completed design work is included in the sale, offering significant time and cost savings for a future developer. City of Ferndale Urban Residential (UR) zoning provides flexibility for mixed commercial and/or high-density residential development. Conveniently located within walking distance of shopping, restaurants, and grocery stores, with quick access to I-5, this property is well positioned for strong long-term rental demand. The existing 2-bedroom home, 2-car garage, and two outbuildings are in need of updating and would require rehabilitation if a buyer intends to preserve and utilize the existing improvements.
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LAST UPDATED
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8/24/2026
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TRACT
|
Ferndale
|
|
YEAR BUILT
|
0
|
COMMUNITY
|
Ferndale
|
|
COUNTY
|
Whatcom
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Lot/Land/Acreage
|
|
|
| AREA |
870 - Ferndale/Custer |
| GARAGE |
Yes |
| HEAT |
None |
| LOT |
8276 sq ft |
| LOT DESCRIPTION |
Curbs, Paved, Sidewalk |
| MLS STATUS |
Active |
| PARKING |
Garage |
| STYLE |
42 - Multi-Family |
| SUBDIVISION |
Ferndale |
| TAXES |
2808 |
| UTILITIES |
Electricity Connected, Natural Gas Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City, Mountain(s), See Remarks, Territorial |
| WATER |
See Remarks |
| ZONING |
Multi-Family,Residential |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/24/26 2:43 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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