$189,000
Est. $954/mo0 Riverside Drive, Ferndale, WA 98248
• Listed 2026-05-28•11 days on market
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Based on information submitted to the MLS GRID as of May 28, 2026 at 09:57am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Prime opportunity in the growing Ferndale market! This 35,719 square foot vacant land parcel offers exceptional visibility and immediate access to I-5, making it a strategic location for future development or investment. Positioned on Riverside Drive at the corner neighboring North Coast Credit Union and the former Motel 6 property, this site benefits from strong commercial exposure and convenient access for customers, tenants, or commuters.Currently uncleared and treed, the property presents a blank canvas for your vision. Zoned MCD (Mixed Commercial District), potential uses may include a blend of retail, office, service-based business, or multi-family residential development, subject to buyer verification with the City of Ferndale. No studies have been completed, offering flexibility for buyers to explore possibilities that fit their goals.Whether you are looking to develop now, secure a future commercial site, or add a long-term investment hold to your portfolio, this is a rare opportunity in a highly accessible location with strong growth potential in Ferndale.
Listed by Travis Fox • Windermere RE Whatcom, Inc.
Listing updated: May 28, 2026 at 09:57am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2530949
$625,000
+$436,000 over list price
Nearby comparable homes
RexMont uses 1 strongest recent nearby sale, priced between $625K and $625K.
Rental earnings
$1,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
0 Riverside Drive, Ferndale, WA 98248
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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More homes in this area that match your range.
Ferndale is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 17 days.
$550,000 Sold
4 months ago
6 bd•2 ba•~3,284 sq ft•Single Family
5861 Malloy Avenue, Ferndale, WA 98248
8%
Under list
—
Days on market
1.0 mi
Distance
$390,000 Sold
5 months ago
3 bd•1 ba•~1,362 sq ft•Single Family
5802 2nd Avenue, Ferndale, WA 98248
13%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.