Just Listed
Address
1981 Main Street, Ferndale, WA
Price
$ 6,500,000
Property Attributes
- ID#2578592
- TypeCommercial
- CountyWHATCOM
- CityFerndale
- AreaFerndale-Custer
- NeighborhoodFerndale
- Zip98248
- StyleComm Bldg Ovr 10K
- Taxes$ 12931
- Price$ 6,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.3278 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Property Highlights at a Glance - Zoning: City Center (CC) • 6 contiguous parcels. Incentives - SIGNIFICANT Permit and Tax Benefits. Building Size: ~220,000+ GSF • 5 stories + garage. Frontage: Main St, 1st Av, Alder St, and River Walk. Possible Seller Carry: $3,000,000 2nd note @ 6% I/O (36 mo.).The Ridgewater is a premier 1.25+ acre urban riverfront mixed-use development situated directly on the Nooksack River and Centennial Riverwalk Park in historic Downtown Ferndale, WA. Designed by Glenn Wells Architect, the 5-story podium projectfeatures 203 high-demand apartment units, 12,971 SF streetlevel commercial/retail space, and 270 structured parking stalls with panoramic views of Mount Baker and the river corridor. The asset seamlessly bridges urban downtown pedestrian vibrancywith the Pacific Northwest's outdoor lifestyle, commanding strong rental premiums across all floor plans.Shovel-Ready Trophy Waterfront Infill Positioned in the heart of Ferndale's downtown master plan. SIGNIFICANT municipal development incentives, tax abatements, and fee waiver programs are available for qualified developers (Request Confidential Underwriting Addendum).
| Price History | |
|---|---|
| 9/11/2026 | Listed $6,500,000 |
General Features
| Sewer | Available,Sewer Connected |
|---|---|
| Possession | Closing |
| Topography | Level,Sloped |
| Property Subtype | Commercial Industrial |
| Tax Year | 2026 |
| Waterfront Features | Medium Bank,Bulkhead,River |
| County | Whatcom |
| Property Type | Commercial Sale |
| HOA | No |
| Subdivision Name | Ferndale |
| Possible Use | Business,Commercial,Multi-Family,Office,Residential,Retail |
| Building Features | Tenant Association |
| Special Listing Conditions | None |
| Status | First Look |
| Directions | Main Street Ferndale,Cross Nooksack River,Property is on the left. |
| City | Ferndale |
| Senior Community Y/N | No |
| Zoning Description | Business,Commercial,Multi-Family,Office,Residential,Retail |
| MLS Area | 870 - Ferndale/Custer |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 57840 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,See Remarks |
| Tax Annual Amount | 12931 |
| Public Remarks | Property Highlights at a Glance - Zoning: City Center (CC) 6 contiguous parcels. Incentives - SIGNIFICANT Permit and Tax Benefits. Building Size: ~220,000+ GSF 5 stories + garage. Frontage: Ma |
| Structure Type | Unspecified |
| Building Area Units | Square Feet |
| Standard Status | Coming Soon |
| Water Company | Ferndale |
| Property Style | 61 - Comm Bldg Ovr 10K |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Concrete |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Power Production Type | Electric,Natural Gas |
Exterior Features
| Exterior Amenities | Cement/Concrete,Stone,Wood,Wood Products |
|---|---|
| Vegetation | Wooded |
| Water Source | Public |
| Lot Size Acres | 1.3278 |
| Waterfront Y/N | Yes |
| Irrigation Water Rights Y/N | No |
| Waterfront Footage | 127 |
| Site Frontage | 738 |
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
Taxes
THIS IS A SAMPLE MLS FEED, COURTESY OF NORTHWEST MLS
