Listed By:
COMPASS and NWMLS
Address
1479 W Smith Road, Ferndale, WA
Price
$ 2,760,000
Property Attributes
  • ID#2499846
  • TypeCommercial
  • CountyWHATCOM
  • CityFerndale
  • AreaFerndale-Custer
  • NeighborhoodFerndale
  • Zip98248
  • StyleLight Indrl.
  • Year Built2021
  • Taxes$ 19160
  • Price$ 2,760,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.15 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Discover an exceptional investment opportunity with this pristine storage facility in Ferndale, ideally located just off Smith Road and moments from I-5 for unbeatable visibility and accessibility. Built in 2021, this modern complex features 120 meticulously maintained storage units, a versatile office space (approx. 544 sq. ft.), and a stylish condo (approx. 1,095 sq. ft.)—perfect for onsite living, renting, or housing a manager to oversee operations. The property includes a spacious 2-car garage (approx. 700 sq. ft.) and is fully gated with top-tier security, ensuring peace of mind for both you and your tenants. With impressively low vacancy rates and significant upside potential, this facility offers excellent income growth opportunities through self-management, flexible rental strategies, or enhanced operational efficiencies. Whether you're an investor, an entrepreneur, or someone seeking a live-work opportunity, this near-new complex offers the perfect blend of convenience, security, and growth potential. Don’t miss this rare chance to own a high-demand property in a thriving location!

Price History
4/2/2026 Listed $2,760,000

General Features

Sewer Sewer Connected
Heating 90%+ High Efficiency
Cooling 90%+ High Efficiency
Possession Closing
Roof Composition,Metal
Year Built 2021
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Whatcom
Net Operating Income 138073
Insurance Expense 6276
Property Type Commercial Sale
HOA No
Subdivision Name Ferndale
Possible Use Business,Commercial,Industrial,Office,See Remarks
Building Features Disabled Access,Signage Included,Storage
Special Listing Conditions None
Status Active
Directions From the Slater Road exit (Exit 260) to W Smith Rd,take I-5 to Exit 260,go east on Slater Rd,turn left (north) onto Pacific Hwy,and then turn right (east) onto W Smith Rd.
City Ferndale
Senior Community Y/N No
Zoning Description Business,Commercial,Industrial,Industrial-Light,Office,See Remarks
MLS Area 870 - Ferndale/Custer
Lot Size Units Square Feet
Lot Size Square Feet 50094
Carport Y/N No
Listing Terms Cash,Conventional
Tax Annual Amount 19160
Electric Expense 4653
Property Condition Very Good
Public Remarks Discover an exceptional investment opportunity with this pristine storage facility in Ferndale,ideally located just off Smith Road and moments from I-5 for unbeatable visibility and accessibility. Bu
Structure Type Industrial
Building Area Units Square Feet
Standard Status Active
Water Company City of Ferndale
Water Sewer Garbage 5012
Property Style 71 - Light Indrl.
Cap Rate 5
NWM_ShowMapLink Yes

Interior Features

Flooring Carpet
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Electric,Natural Gas

Exterior Features

Exterior Amenities Metal/Vinyl,Wood
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Lot Dimensions 190x270x181x78x78x117
Lot Size Acres 1.15
Covered Spaces 2
Irrigation Water Rights Y/N No
Site Frontage 3000
Parking Uncovered Total 2
Lot Number NLY 300 FT OF LOT 4 LY ELY OF HWY-EXC PY

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 98248

Price
AVG $2.07M
$2.76M
Taxes
AVG $12,083
$19,160
Year Built
AVG 1965
2021
Visits
AVG 337
602
Data Provided by Inside Real Estate®