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
Featured
$16,350,000 /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: 5.68
  • LOT SQ. FT. 61,567
  • Year Built: 2024
  • CBA #: 41488161

Ferndale Commercial Real Estate Listings

$425000
Status: Pending

6600 Portal Way

6600, Portal Way, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 534917
  • Year Built:
  • CBA #: 697094
$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
$425000
Status: Available

6600 Church Rd

6600, Church Rd, Ferndale, WA  98248
  • Available SQ. FT. 729194
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 744538
  • Year Built:
  • CBA #: 704988
$800000
Status: Available

5545 Labounty Drive

5545, Labounty Dr, Ferndale, WA  98248
  • Available SQ. FT. 48453
  • Building SQ. FT. 17950
  • Cap Rate:
  • LOT SQ. FT. 145676
  • Year Built:
  • CBA #: 704983
$0.6 /Sq. Ft.
Status: Available

Grandview Industrial Park - Building C100

6920, Salashan Pkwy, Ferndale, WA  98248
  • Available SQ. FT. 10000
  • Building SQ. FT. 20000
  • Cap Rate:
  • LOT SQ. FT. 601128
  • Year Built: 2004
  • CBA #: 704735
$0.6 /Sq. Ft.
Status: Available

Grandview Industrial Park - Building C100

6920, Salashan Pkwy, Ferndale, WA  98248
  • Available SQ. FT. 8588
  • Building SQ. FT. 20000
  • Cap Rate:
  • LOT SQ. FT. 601128
  • Year Built: 2004
  • CBA #: 704728
$3600000
Status: Available

1720 La Bounty Drive

1720, La Bounty Dr, Ferndale, WA  98248
  • Available SQ. FT. 11040
  • Building SQ. FT. 11040
  • Cap Rate:
  • LOT SQ. FT. 64478
  • Year Built:
  • CBA #: 704514
$510000
Status: Available

5330 Barrett Road

5330, Barrett Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 349351
  • Year Built:
  • CBA #: 704287
$0.99 /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 #: 703897
$0.82 /Sq. Ft.
Status: Available

1971 Baltic Way - Building F

1971, Baltic Way, Ferndale, WA  98248
  • Available SQ. FT. 2200
  • Building SQ. FT. 40104
  • Cap Rate:
  • LOT SQ. FT. 27268
  • Year Built: 2021
  • CBA #: 703593
$0.9 /Sq. Ft.
Status: Available

1400 Commerce Place

1400, Commerce Pl, Ferndale, WA  98248
  • Available SQ. FT. 50000
  • Building SQ. FT. 50000
  • Cap Rate:
  • LOT SQ. FT. 120029
  • Year Built: 2021
  • CBA #: 703580
$0.81 /Sq. Ft.
Status: Available

1915 Baltic Way - Building B

1915, Baltic Way, Ferndale, WA  98248
  • Available SQ. FT. 2228
  • Building SQ. FT. 40104
  • Cap Rate:
  • LOT SQ. FT. 27270
  • Year Built: 2022
  • CBA #: 703405
$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 #: 702955
$0.72 /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 #: 702234
$300000
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 #: 701898
$450000
Status: Available

5802 2nd Avenue

5802, 2nd Ave, Ferndale, WA  98248
  • Available SQ. FT. 1362
  • Building SQ. FT. 1362
  • Cap Rate:
  • LOT SQ. FT. 5708
  • Year Built:
  • CBA #: 701418
$345000
Status: Available

5400 Barrett Road

0, Barrett Rd, Ferndale, WA  98248
  • Available SQ. FT. 161172
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 161172
  • Year Built:
  • CBA #: 700598
$15.5 /Sq. Ft.
Status: Available

5616 3rd Avenue

5616, 3rd Ave, Ferndale, WA  98248
  • Available SQ. FT. 3571
  • Building SQ. FT. 3571
  • Cap Rate:
  • LOT SQ. FT. 17691
  • Year Built: 1969
  • CBA #: 700066
$5800000
Status: Available

5788 Barrett Road

5788, Barrett Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 34952
  • Cap Rate:
  • LOT SQ. FT. 115377
  • Year Built:
  • CBA #: 700060
$0.85 /Sq. Ft.
Status: Available

Delta Ring Industrial Building

2693, Delta Ring Rd, Ferndale, WA  98248
  • Available SQ. FT. 2325
  • Building SQ. FT. 16280
  • Cap Rate:
  • LOT SQ. FT. 50530
  • Year Built: 2009
  • CBA #: 699809
$0.85 /Sq. Ft.
Status: Available

Delta Ring Industrial Building

2693, Delta Ring Rd, Ferndale, WA  98248
  • Available SQ. FT. 4650
  • Building SQ. FT. 16280
  • Cap Rate:
  • LOT SQ. FT. 50530
  • Year Built: 2009
  • CBA #: 699808
$1.13 /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 #: 699190
$23 /Sq. Ft.
Status: Available

Grocery Outlet Center

1730, Labounty Dr, Ferndale, WA  98248
  • Available SQ. FT. 1000
  • Building SQ. FT. 61524
  • Cap Rate:
  • LOT SQ. FT. 219904
  • Year Built: 1975
  • CBA #: 699006
$6800000
Status: Available

7135 Delta Line Road

7135, Delta Line Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 20676
  • Cap Rate:
  • LOT SQ. FT. 266290
  • Year Built:
  • CBA #: 698800
$1695000
Status: Available

2265 Grandview Road

2265, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT. 217800
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 217800
  • Year Built:
  • CBA #: 698736
$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 #: 698666
$11250000
Status: Available

Ferndale Apartments

2363, Main St, Ferndale, WA  98248
  • Available SQ. FT. 0
  • Building SQ. FT. 52572
  • Cap Rate:
  • LOT SQ. FT. 99317
  • Year Built: 2008
  • CBA #: 698649
$687918
Status: Available

5865 Anderson Avenue

5865, Anderson Ave, Ferndale, WA  98248
  • Available SQ. FT. 32758
  • Building SQ. FT. 12000
  • Cap Rate:
  • LOT SQ. FT. 150353
  • Year Built: 1975
  • CBA #: 698641
$709935
Status: Available

5865 Anderson Avenue

5865, Anderson Ave, Ferndale, WA  98248
  • Available SQ. FT. 37365
  • Building SQ. FT. 12000
  • Cap Rate:
  • LOT SQ. FT. 150353
  • Year Built: 1975
  • CBA #: 698640
$1100000
Status: Available

5865 Anderson Avenue

5865, Anderson Ave, Ferndale, WA  98248
  • Available SQ. FT. 29921
  • Building SQ. FT. 12000
  • Cap Rate:
  • LOT SQ. FT. 150353
  • Year Built: 1975
  • CBA #: 698639
$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 #: 698344
$2000000
Status: Available

2036 Grandview Road

2036, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 311454
  • Year Built:
  • CBA #: 698342
$14.21 /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 #: 696929
$17.46 /Sq. Ft.
Status: Available

2413 Main Street

2413, Main St, Ferndale, WA  98248
  • Available SQ. FT. 653
  • Building SQ. FT. 8802
  • Cap Rate:
  • LOT SQ. FT. 15322
  • Year Built: 2010
  • CBA #: 696909
$17000000
Status: Available

EV Manufacturing Facility

5457, Pacific Fern Drive, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 62370
  • Cap Rate:
  • LOT SQ. FT. 224579
  • Year Built: 0
  • CBA #: 692869
$2700000
Status: Available

2184 Buchanan Loop

2184, Buchanan Loop, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 396396
  • Year Built:
  • CBA #: 690661
$1150000
Status: Available

2070 Grandview Road

2070, Grandview Rd, Ferndale, WA  98248
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 544452
  • Year Built:
  • CBA #: 690385
$16350000
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
$11000000
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

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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