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: Available

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

Ferndale Commercial Real Estate Listings

$289900
Status: Pending

3 Slater Road

3, Slater Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 208217
  • Year Built:
  • CBA #: 675822
$900000
Status: Pending

3128 Brown Road

3128, Brown Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 44156
  • Cap Rate:
  • LOT SQ. FT. 1859380
  • Year Built: 2001
  • CBA #: 672675
$3000000
Status: Pending

1537 Main Street

1537, Main St, Ferndale, WA  98248
  • Available SQ. FT. 2784355
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 2784355
  • Year Built:
  • CBA #: 671633
$840000
Status: Pending

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
$12 /Sq. Ft.
Status: Pending

Stonegate Industrial Park

1355, Stonegate Way, Ferndale, WA  98248
  • Available SQ. FT. 12925
  • Building SQ. FT. 12925
  • Cap Rate:
  • LOT SQ. FT. 38769
  • Year Built: 2023
  • CBA #: 665238
$1995000
Status: Pending

Grandview Park

2010, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT. 0
  • Building SQ. FT. 14497
  • Cap Rate:
  • LOT SQ. FT. 422532
  • Year Built: 2007
  • CBA #: 665184
$2752128
Status: Pending

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
$0.1 /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
$18 /Sq. Ft.
Status: Available

Ferndale Station

1861, Main St, Ferndale, WA  98248
  • Available SQ. FT. 2511
  • Building SQ. FT. 38500
  • Cap Rate:
  • LOT SQ. FT. 158558
  • Year Built: 2008
  • CBA #: 678561
$1150000
Status: Available

2070 Grandview Road

2070, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT. 564973
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 544452
  • Year Built:
  • CBA #: 677948
$330000
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. 1512
  • Year Built: 2020
  • CBA #: 677901
$0.8 /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. 1512
  • Year Built: 2020
  • CBA #: 677782
$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
$2990000
Status: Available

1788 LaBounty Drive

1788, LaBounty Drive, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 21453
  • Cap Rate:
  • LOT SQ. FT. 29152
  • Year Built: 1975
  • CBA #: 676679
$0.81 /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. 1512
  • Year Built: 2020
  • CBA #: 676132
$289900
Status: Available

2 Slater Road

2, Slater Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 236531
  • Year Built:
  • CBA #: 675821
$499900
Status: Available

1 Slater Road

1, Slater Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 1977624
  • Year Built:
  • CBA #: 675820
$1950000
Status: Available

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
$3999000
Status: Available

I-5 Industrial Park - Tract 6

2116, Buchanan Lp, Ferndale, WA  98248
  • Available SQ. FT. 76800
  • Building SQ. FT. 76800
  • Cap Rate:
  • LOT SQ. FT. 412949
  • Year Built: 2024
  • CBA #: 675613
$325000
Status: Available

Delta Park - Lot 21

2664, Delta Ring Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 47916
  • Year Built:
  • CBA #: 673969
$325000
Status: Available

Delta Ring Road - Lot 22

2672, Delta Ring Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 47916
  • Year Built:
  • CBA #: 673968
$0.75 /Sq. Ft.
Status: Available

Grandview Industrial Park

6955, Salashan Parkway, Ferndale, WA  98248
  • Available SQ. FT. 40000
  • Building SQ. FT. 103500
  • Cap Rate:
  • LOT SQ. FT. 304920
  • Year Built: 1998
  • CBA #: 673707
$17.49 /Sq. Ft.
Status: Available

2413 Main Street

2413, Main St, Ferndale, WA  98248
  • Available SQ. FT. 710
  • Building SQ. FT. 8802
  • Cap Rate:
  • LOT SQ. FT. 15322
  • Year Built: 2010
  • CBA #: 673147
$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
$0.7 /Sq. Ft.
Status: Available

Grandview Industrial Park

6920, Salashan Pkwy, Ferndale, WA  98248
  • Available SQ. FT. 9975
  • Building SQ. FT. 33915
  • Cap Rate:
  • LOT SQ. FT. 601128
  • Year Built: 2000
  • CBA #: 672991
$12.08 /Sq. Ft.
Status: Available

6208 & 6214 Portal Way

6208, Portal Way, Ferndale, WA  98248
  • Available SQ. FT. 4462
  • Building SQ. FT. 6853
  • Cap Rate:
  • LOT SQ. FT. 18513
  • Year Built: 2010
  • CBA #: 672175
$0 /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
$18 /Sq. Ft.
Status: Available

Crown Court Business Center

6044, Portal Way, Ferndale, WA  98248
  • Available SQ. FT. 1100
  • Building SQ. FT. 9292
  • Cap Rate:
  • LOT SQ. FT. 44719
  • Year Built: 2009
  • CBA #: 670812
$799000
Status: Available

3100 Slater Road

3100, Slater Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 2368726
  • Year Built:
  • CBA #: 669211
$12 /Sq. Ft.
Status: Available

5220 Industrial Place

5220, Industrial Pl, Ferndale, WA  98248
  • Available SQ. FT. 20000
  • Building SQ. FT. 20000
  • Cap Rate:
  • LOT SQ. FT. 77984
  • Year Built:
  • CBA #: 668131
$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
$2000000
Status: Available

XXXX Grandview Road

0, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 365468
  • Year Built:
  • CBA #: 664221
$25 /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 #: 663206
$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 #: 660503
$18 /Sq. Ft.
Status: Available

Ferndale Station

1861, Main St, Ferndale, WA  98248
  • Available SQ. FT. 1293
  • Building SQ. FT. 38500
  • Cap Rate:
  • LOT SQ. FT. 158558
  • Year Built: 2008
  • CBA #: 660288
$26.03 /Sq. Ft.
Status: Available

Ferndale Station

1861, Main St, Ferndale, WA  98248
  • Available SQ. FT. 899
  • Building SQ. FT. 38500
  • Cap Rate:
  • LOT SQ. FT. 158558
  • Year Built: 2008
  • CBA #: 659866
$0.08 /Sq. Ft.
Status: Available

1695 Main Street

1695, Main St, Ferndale, WA  98248
  • Available SQ. FT. 137214
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 137214
  • Year Built:
  • CBA #: 651292
$19000000
Status: Available

Cherry Point Heavy Impact Industrial Development Site

0, Henry Road & Gulf Road, Ferndale, WA  98248
  • Available SQ. FT. 14636160
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 14636160
  • Year Built:
  • CBA #: 645335
$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

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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