$350,000

0 Beds 0 Baths 0 SQFT 0.39 Acres
Type: Land

5870 Portal Way
Ferndale, WA 98248

MLS#: 2490543
Presented by: eXp Realty and NWMLS

Property Description

 

Prime High Density Multifamily Development Opportunity Positioned for efficient infill development, this 16,988 square foot (0.39-acre) parcel offers a rare opportunity in Ferndale’s Residential Multifamily High (RMH) zone, allowing 15 or more units per acre and building heights up to 55 feet. The site features a functional, buildable footprint with approximately 78 feet of frontage and 247 feet of depth, providing flexibility for a well-designed multifamily project. Conceptual planning supports a three-story apartment development in the 9 to 10 unit range, totaling approximately 12,000 square feet, with parking in the range of 16 to 20 stalls achievable through an efficient site layout. This property is well suited for developers seeking a high-density infill opportunity with a clear path to development and flexibility in design, including townhomes, small-scale multifamily, or a hybrid concept. With minimal excess land and a layout that naturally supports development, this is a strong opportunity for builders targeting a clean, efficient, and profitable project. Buyer to verify all development potential, density, parking, and design requirements with the City of Ferndale.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces0

General

Building Area Units0 sqft
Building NameB & J Short
Carport Y/NNo
CityFerndale
CountyWhatcom
DirectionsGPS Friendly!
Gas StatusIn Street
HOANo
HOA Fee$0
High School DistrictFerndale
Listing TermsCash
Living Area0 sqft
Lot Size Square Feet16,988 sqft
Lot Size UnitsSquare Feet
MLS Area870 - Ferndale/Custer
NWM_ShowMapLinkY
PossessionClosing
Possible UseCommercial, Multi-Family
Property Style42 - Multi-Family
Property SubtypeLand
Property TypeLand
Public RemarksPrime High Density Multifamily Development Opportunity Positioned for efficient infill development, this 16, 988 square foot (0.39-acre) parcel offers a rare opportunity in Ferndales Residential Mul
Senior Community Y/NNo
SewerOn Property
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeNone
Subdivision NameFerndale
Tax Annual Amount$2,022
Tax Year2025
TopographyLevel
UtilitiesElectricity Connected, Natural Gas Available
Zoning DescriptionCommercial, Multi-Family

Exterior

Building Area Total0 sqft
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk
Lot Number2
Lot Size Acres0.39
Road Surface TypePaved
Water SourceOn Property
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

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$350,000

0 Beds 0 Baths 0 SQFT 0.39 Acres
Type: Land

5870 Portal Way
Ferndale, WA 98248

MLS#: 2490543