5709 3rd Avenue, Ferndale, WA 98248

• 2 beds |
• 1 bath |
• 902 sqft

Property Description

Fantastic multifamily development opportunity in the heart of downtown Ferndale. The value is in the land, with architectural and civil design complete for a 9-unit apartment building with an optional retail component along the 3rd Avenue frontage. The completed design work is included in the sale, offering significant time and cost savings for a future developer. City of Ferndale Urban Residential (UR) zoning provides flexibility for mixed commercial and/or high-density residential development. Conveniently located within walking distance of shopping, restaurants, and grocery stores, with quick access to I-5, this property is well positioned for strong long-term rental demand. The existing 2-bedroom home, 2-car garage, and two outbuildings are in need of updating and would require rehabilitation if a buyer intends to preserve and utilize the existing improvements.

Listing Status:

Active

Data Last Updated:

September 5, 2026 at 5:21PM

Listing Office:

Windermere RE Whatcom, Inc. : 360-354-4455

Listing Agent:

Mike Kooy : 360-354-4455

MLS ID:

2573323

Interior

• Basement: None
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Wood
• Parking: DrivewayDetached GarageOff StreetParking spaces: 2

Construction

• Roofing: Composition
• General: One

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Ferndale
• County: Whatcom

Lot

• Topography: Level
• Zoning: 3902201050040000
• View: CityMountainsSee RemarksTerritorialView

Utilities

• Water: See Remarks
• Sewer: Sewer Connected

Financial

• Source: nwmls