Ferndale Commercial Real Estate

Ferndale Commercial Real Estate Information

The City of Ferndale has 30,000 residents within its unincorporated borders. Residing four miles north of Bellingham and 15 miles south of the Canadian Border. The city of Ferndale and the surrounding area have seen consistent growth over the last 10 years and are projected to continue growing.

The Ferndale commercial real estate market has remained steady since the end of the great recession. There are several main areas of commercial development located within Ferndale’s city center and the outlying areas. Downtown Ferndale is enriched with commercial retail along Main Street with pockets of light industrial near the city center. There is not a great deal of room for growth within Ferndale’s city center, but there is the opportunity for retail commercial lease space. We can help you find the right location for your Ferndale commercial real estate investment or business location.

Ferndale’s largest commercial, industrial, and manufacturing land supply for development includes the area on both sides of I-5 north of Bellingham and South of Ferndale’s City Center. The area on the east side of the freeway along the Pacific Highway between Slater Road and East Axton Road is leaning towards larger commercial retail centers due to high freeway exposure. There are portions of Ferndale commercial real estate that have storage facilities and warehouse distribution centers that typically sit further back from Pacific Highway’s frontage.

The area west of the freeway along Labounty Road is primarily industrial and manufacturing including businesses that require small retail storefronts incorporated into a larger warehouse. Freeway visibility is limited in this area near Slater road with high visibility freeway exposure dominating the area South of East Axton to just South of Smith Road. Ferndale commercial real estate is strong and is continuing to grow stronger east of Interstate 5.

Featured Ferndale Commercial Real Estate

Featured
$6952176
Status: Pending

26.6 Level Acres For Sale

2240 Grandview Rd, Ferndale, WA 98248, USA
  • Available SQ. FT. n/a
  • Building SQ. FT. n/a
  • Cap Rate: n/a
  • LOT SQ. FT. 1,158,696
  • Year Built: n/a
  • CBA #: 10803171
Featured
$16,600,000 /Sale Price
Status: Available

The Corner Apartments

1655 Main St, Ferndale, WA 98248, USA
  • Available SQ. FT. 39.299
  • Building SQ. FT. 39,299
  • Cap Rate: 5.50
  • LOT SQ. FT. 61,567
  • Year Built: 2024
  • CBA #: 41488161

Ferndale Commercial Real Estate Listings

$2752128
Status: Available

Labounty Road

0, Labounty Rd, Ferndale, WA  98248
  • Available SQ. FT. 152896
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 152896
  • Year Built:
  • CBA #: 654401
$0.08 /Sq. Ft.
Status: Available

1695 Main Street Pads

1695, Main St, Ferndale, WA  98248
  • Available SQ. FT. 137214
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 137214
  • Year Built:
  • CBA #: 651292
$999000
Status: Available

6850 Portal Way

6850, Portal Way, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 176418
  • Year Built:
  • CBA #: 638019
$24 /Sq. Ft.
Status: Available

Ferndale Crossings

5905, Portal Way, Ferndale, WA  98248
  • Available SQ. FT. 7500
  • Building SQ. FT. 28000
  • Cap Rate:
  • LOT SQ. FT. 60469
  • Year Built: 2015
  • CBA #: 581477
$24 /Sq. Ft.
Status: Available

Ferndale Crossings

5905, Portal Way, Ferndale, WA  98248
  • Available SQ. FT. 7500
  • Building SQ. FT. 28000
  • Cap Rate:
  • LOT SQ. FT. 60469
  • Year Built: 2015
  • CBA #: 574593
$1250000
Status: Pending

6160 Portal Way

6160, Portal Way, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 3312
  • Cap Rate:
  • LOT SQ. FT. 10172
  • Year Built: 2019
  • CBA #: 681641
$339000
Status: Pending

2020 Grandview Road

2020, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT. 217800
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 217800
  • Year Built:
  • CBA #: 678937
$1950000
Status: Pending

1495 - 1505 Main Street

1495, Main Street, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 659238
  • Year Built:
  • CBA #: 675699
$6952176
Status: Pending

Grandview

2240, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 1158696
  • Year Built:
  • CBA #: 596002
$16600000
Status: Available

1655 Main Street

1655, Main St, Ferndale, WA  98248
  • Available SQ. FT. 39299
  • Building SQ. FT. 39299
  • Cap Rate:
  • LOT SQ. FT. 58620
  • Year Built:
  • CBA #: 689797
$1.02 /Sq. Ft.
Status: Available

Pioneer Commercial Center

5420, Barrett Rd, Ferndale, WA  98248
  • Available SQ. FT. 1362
  • Building SQ. FT. 33030
  • Cap Rate:
  • LOT SQ. FT. 176880
  • Year Built: 2008
  • CBA #: 689584
$8750000
Status: Available

Sawarne Lumber

5530, Nordic Way, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 57964
  • Cap Rate:
  • LOT SQ. FT. 646645
  • Year Built: 1993
  • CBA #: 689542
$0.78 /Sq. Ft.
Status: Available

Sawarne Lumber

5530, Nordic Way, Ferndale, WA  98248
  • Available SQ. FT. 57964
  • Building SQ. FT. 57964
  • Cap Rate:
  • LOT SQ. FT. 646645
  • Year Built: 1993
  • CBA #: 689541
$0.65 /Sq. Ft.
Status: Available

Grandview Industrial Park Properties - Ferndale

2425, Salashan Loop Rd, Ferndale, WA  98248
  • Available SQ. FT. 7280
  • Building SQ. FT. 7345
  • Cap Rate:
  • LOT SQ. FT. 126508
  • Year Built: 1991
  • CBA #: 689407
$328000
Status: Available

1986 Baltic Way - Building G

1986, Baltic Way, Ferndale, WA  98248
  • Available SQ. FT. 2200
  • Building SQ. FT. 20052
  • Cap Rate:
  • LOT SQ. FT. 13633
  • Year Built: 2022
  • CBA #: 689280
$328000
Status: Available

1972 Baltic Way - Building F

1972, Baltic Way, Ferndale, WA  98248
  • Available SQ. FT. 2200
  • Building SQ. FT. 40104
  • Cap Rate:
  • LOT SQ. FT. 27268
  • Year Built: 2021
  • CBA #: 689279
$335000
Status: Available

1986 Baltic Way - Building G

1986, Baltic Way, Ferndale, WA  98248
  • Available SQ. FT. 2200
  • Building SQ. FT. 20052
  • Cap Rate:
  • LOT SQ. FT. 13633
  • Year Built: 2022
  • CBA #: 689271
$1.1 /Sq. Ft.
Status: Available

Pioneer Commercial Center

5420, Barrett Rd, Ferndale, WA  98248
  • Available SQ. FT. 952
  • Building SQ. FT. 33030
  • Cap Rate:
  • LOT SQ. FT. 176880
  • Year Built: 2008
  • CBA #: 689222
$0.65 /Sq. Ft.
Status: Available

Grandview Industrial Park - Building C100

6920, Salashan Pkwy, Ferndale, WA  98248
  • Available SQ. FT. 20000
  • Building SQ. FT. 20000
  • Cap Rate:
  • LOT SQ. FT. 601128
  • Year Built: 2004
  • CBA #: 689063
$9250000
Status: Available

5094 LaBounty Road

5082, LaBounty Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 1068373
  • Year Built:
  • CBA #: 688574
$996644
Status: Available

Labounty Road

0, Labounty Rd, Ferndale, WA  98248
  • Available SQ. FT. 45302
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 152896
  • Year Built:
  • CBA #: 687334
$16 /Sq. Ft.
Status: Available

1943 Main Street

1943, Main St, Ferndale, WA  98248
  • Available SQ. FT. 2000
  • Building SQ. FT. 2609
  • Cap Rate:
  • LOT SQ. FT. 9148
  • Year Built: 1972
  • CBA #: 685450
$1100000
Status: Available

Trigg Road Mobile Park

1870, Trigg Rd, Ferndale, WA  98248
  • Available SQ. FT. 58806
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 134165
  • Year Built: 0
  • CBA #: 685355
$16.23 /Sq. Ft.
Status: Available

2413 Main Street

2413, Main St, Ferndale, WA  98248
  • Available SQ. FT. 802
  • Building SQ. FT. 8802
  • Cap Rate:
  • LOT SQ. FT. 15322
  • Year Built: 2010
  • CBA #: 685338
$1995000
Status: Available

Trigg Road Mobile Park

1870, Trigg Rd, Ferndale, WA  98248
  • Available SQ. FT. 134165
  • Building SQ. FT. 0
  • Cap Rate: 3.62
  • LOT SQ. FT. 134165
  • Year Built: 0
  • CBA #: 685215
$16 /Sq. Ft.
Status: Available

5711 Barrett Road

5711, Barrett Road, Ferndale, WA  98248
  • Available SQ. FT. 2843
  • Building SQ. FT. 5408
  • Cap Rate:
  • LOT SQ. FT. 129373
  • Year Built: 2006
  • CBA #: 685201
$0.72 /Sq. Ft.
Status: Available

Pioneer Flexspace - Building C

1929, Baltic Way, Ferndale, WA  98248
  • Available SQ. FT. 2228
  • Building SQ. FT. 41095
  • Cap Rate:
  • LOT SQ. FT. 27270
  • Year Built: 2020
  • CBA #: 685099
$179000
Status: Available

5604 3rd Avenue

5604, 3rd Ave, Ferndale, WA  98248
  • Available SQ. FT. 8712
  • Building SQ. FT. 3570
  • Cap Rate:
  • LOT SQ. FT. 8712
  • Year Built: 1969
  • CBA #: 684515
$1500000
Status: Available

LaBounty Land

5391, LaBounty, Ferndale, WA  98248
  • Available SQ. FT. 735293
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 736108
  • Year Built:
  • CBA #: 683725
$725000
Status: Available

2080 Alder Street

2080, Alder St, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 3448
  • Cap Rate: 5.58
  • LOT SQ. FT. 6970
  • Year Built: 1977
  • CBA #: 683716
$18.12 /Sq. Ft.
Status: Available

2413 Main Street

2413, Main St, Ferndale, WA  98248
  • Available SQ. FT. 480
  • Building SQ. FT. 8802
  • Cap Rate:
  • LOT SQ. FT. 15322
  • Year Built: 2010
  • CBA #: 682339
$0 /Sq. Ft.
Status: Available

Can-Am Border Logistics

2240, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT. 600000
  • Building SQ. FT. 600000
  • Cap Rate:
  • LOT SQ. FT. 1168931
  • Year Built: 2025
  • CBA #: 682325
$18 /Sq. Ft.
Status: Available

1904 Main Street

1904, Main St, Ferndale, WA  98248
  • Available SQ. FT. 9785
  • Building SQ. FT. 20785
  • Cap Rate:
  • LOT SQ. FT. 281833
  • Year Built: 1992
  • CBA #: 680122
$0.1 /Sq. Ft.
Status: Available

2020 Grandview Road

2020, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT. 217800
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 217800
  • Year Built:
  • CBA #: 678894
$20 /Sq. Ft.
Status: Available

1887 Main Street

1887, Main St, Ferndale, WA  98248
  • Available SQ. FT. 1560
  • Building SQ. FT. 9810
  • Cap Rate:
  • LOT SQ. FT. 65776
  • Year Built: 2018
  • CBA #: 677130
$15 /Sq. Ft.
Status: Available

2417 Main Street

2417, Main Street, Ferndale, WA  98248
  • Available SQ. FT. 480
  • Building SQ. FT. 8802
  • Cap Rate:
  • LOT SQ. FT. 15246
  • Year Built: 2010
  • CBA #: 673057
$10.2 /Sq. Ft.
Status: Available

1400 Commerce Place

1400, Commerce Pl, Ferndale, WA  98248
  • Available SQ. FT. 10000
  • Building SQ. FT. 50000
  • Cap Rate:
  • LOT SQ. FT. 120029
  • Year Built: 2021
  • CBA #: 670936
$840000
Status: Available

1990 Main Street

1990, Main St, Ferndale, WA  98248
  • Available SQ. FT. 5656
  • Building SQ. FT. 5656
  • Cap Rate:
  • LOT SQ. FT. 13068
  • Year Built: 1984
  • CBA #: 670505
$930000
Status: Available

2131 Main St

2131, Main St, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 26572
  • Year Built:
  • CBA #: 664412
$1650000
Status: Available

2127 Main Street

2127, Main St, Ferndale, WA  98248
  • Available SQ. FT. 224770
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 199509
  • Year Built:
  • CBA #: 664231

Ferndale Commercial Real Estate Market Growth

There is currently growth in the Ferndale commercial real estate market. One area for commercial growth in Ferndale is located along I-5 on Portal Way. Portal Way parallels the freeway between Ferndale and Blaine with some heavy industrial and railroad access but this area has a lot of Highway Commercial zoning. There have been some new multi-family developments along this corridor as well as some planned industrial manufacturing facilities. The industrial market and multi-family market account for the majority of the growth of the Ferndale commercial real estate market.

Ferndale’s City Government has made a huge effort to attract commercial, industrial, and manufacturing users away from the City of Bellingham with obvious success. The permitting process is notably much quicker in Ferndale with smaller impact fees along with a more friendly development environment than the City of Bellingham. Ironically this same tactic was used successfully by the City of Burlington drawing a huge commercial and industrial base away from the City of Mount Vernon over the last 25 years.

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