6231 Portal Way, Ferndale, WA 98248

Property Description

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.