Property Highlights at a Glance - Zoning: City Center (CC) "¢ 6 contiguous parcels. Incentives - SIGNIFICANT Permit and Tax Benefits. Building Size: ~220,000+ GSF "¢ 5 stories + garage. Frontage: Main St, 1st Av, Alder St, and River Walk. Possible Seller Carry: $3,000,000 2nd note @ 6% I/O (36 mo.).The Ridgewater is a premier 1.25+ acre urban riverfront mixed-use development situated directly on the Nooksack River and Centennial Riverwalk Park in historic Downtown Ferndale, WA. Designed by Glenn Wells Architect, the 5-story podium projectfeatures 203 high-demand apartment units, 12,971 SF streetlevel commercial/retail space, and 270 structured parking stalls with panoramic views of Mount Baker and the river corridor. The asset seamlessly bridges urban downtown pedestrian vibrancywith the Pacific Northwest's outdoor lifestyle, commanding strong rental premiums across all floor plans.Shovel-Ready Trophy Waterfront Infill Positioned in the heart of Ferndale's downtown master plan. SIGNIFICANT municipal development incentives, tax abatements, and fee waiver programs are available for qualified developers (Request Confidential Underwriting Addendum).
|
LAST UPDATED
|
10/2/2026
|
TRACT
|
Ferndale
|
|
YEAR BUILT
|
0
|
COMMUNITY
|
Ferndale
|
|
COUNTY
|
Whatcom
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
| AREA |
870 - Ferndale/Custer |
| CONSTRUCTION |
Stone |
| HEAT |
Electric, Natural Gas, None |
| LOT |
1.3278 acre(s) |
| LOT DESCRIPTION |
Level, Sloped, Waterfront, Wooded |
| MLS STATUS |
Active |
| STYLE |
61 - Comm Bldg Ovr 10K |
| SUBDIVISION |
Ferndale |
| TAXES |
12931 |
| UTILITIES |
Sewer Connected, Sewer Available |
| WATER |
Public |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
River Front, Waterfront |
| ZONING |
Business,Commercial,Multi-Family,Office,Residential,Retail |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Crystal
O'Neill to contact you even if your name is on a Federal or State
"Do not call List".
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/10/26 11:50 AM 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.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2026.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email