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Listed by:COMPASS • Michelle R Harrington

Listed by:COMPASS • Michelle R Harrington
$ 2,760,000
Est. payment | /mo
1.15 Acres Lot
$ 2,760,000
Est. payment | /mo
1.15 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Ferndale
MLS Listing ID 2499846
Style 71 - Light Indrl.
Year Built 2021
Annual Tax Amount $19,160
Lot Size 1.150 Acres
Lot Dimensions 190x270x181x78x78x117
Property Sub-Type Commercial Industrial
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! Seller financing available! With $500k down, the seller will carry $2.26M at 5.5% interest (25-yr amort) for up to 5 years. Enjoy the flexibility of no prepayment penalties.
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Flooring Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Wood
Roof Type Composition,Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional, Owner Will Carry, See Remarks
Listing Terms Cash, Conventional, Owner Will Carry, See Remarks

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