$1,700,000

Prime Luxury Development Opportunity With Completed Infrastructure

  • Updated: Today
  • MLS#2584369

About the Property

Exceptional development opportunity in Ferndale! This General Business-zoned property is ready to build, offering three planned building sites with the costly and time-consuming site work already completed. Stormwater infrastructure, water, sewer, and electrical are in place, allowing a developer to move directly toward vertical construction and significantly reducing development time, cost, and u
Exceptional development opportunity in Ferndale! This General Business-zoned property is ready to build, offering three planned building sites with the costly and time-consuming site work already completed. Stormwater infrastructure, water, sewer, and electrical are in place, allowing a developer to move directly toward vertical construction and significantly reducing development time, cost, and uncertainty. A Binding Site Plan is currently in process, creating the ability for each of the three buildings to be separately owned and sold once constructed—providing excellent flexibility for development, financing, and future disposition. Develop all three buildings, sell individually, retain as investments, or occupy one and sell or lease the others. Flexible General Business zoning allows for a broad range of potential uses, including retail, office, industrial, flex, showroom, service businesses, and other commercial uses. The combination of flexible zoning, completed infrastructure, multiple building sites, and the potential for individual building ownership makes this an outstanding opportunity for an owner-user, investor, or developer. Skip much of the expensive groundwork and start with a site positioned for construction and multiple long-term exit strategies.
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  • Property type

    Land

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6231 Portal Way Ferndale WA 98248, Washington, United States View on Google Maps
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David Rehm

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David Rehm
Washington, United States
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2026
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Windermere Real Estate
Windermere Real Estate
1151 Fairview Avenue North, 98109, Seattle, Washington, United States
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Windermere Real Estate is the largest regional real estate company in the Western U. S. with over 300 offices and 6
Windermere Real Estate is the largest regional real estate company in the Western U. S. with over 300 offices and 6,500 agents. We are a full-service company with agents who specialize in residential real estate, new construction, commercial real estate, relocation services, and property management. To further facilitate the home buying and selling process, Windermere also has affiliated partners that provide, mortgage, title, and escrow services. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation which funds services for low-income and homeless families. Since 1989, the Windermere Foundation hsa contributed more than $56 million toward lives in the communities where we live and work. For more information, visit [hidden information].
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Last updated
Today
First listed
September 30
Listing reference
c44b4dd9-bbc1-11f1-831f-6045bdd61ac4
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