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Ardivus Brivity

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1981 Main St , Ferndale, WA 98248
$6,500,000
Est. Payment: $35,268.83/mo
1.33 Acres
Status: active | Days on site: 42
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5756 - 92771
By proceeding you are providing Ardivus Brivity with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

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Ardivus Brivity
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House 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).
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Highlights

Listed by Lyle Sorenson , 360-927-8685 Windermere RE Whatcom, Inc. , 360-398-6800. Northwest Multiple Listing Service mls logo

Property Type

Commercial Sale
Lot/Acreage
1.33

County

Whatcom

Area

870 - Ferndale/Custer

 Neighborhood

Ferndale

Listing ID

2578592

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Interior Features

Floor:Concrete
Water:Ferndale

Exterior Features

Lot:Medium Bank,Bulkhead,River,Zoning: Business,Commercial,Multi-Family,Office,Residential,Retail
Garage Capacity:0
Zoning:Business,Commercial,Multi-Family,Office,Residential,Retail
Others:
  • ▪ Additional:Cement/Concrete, Stone, Wood, Wood Products
Sewer:Ferndale
Principal Interest
$35,269
Taxes
$1,078

Home Price

$6,500,000

Loan Details

30 yrs
7.192%

Down Payment

20%
$1,300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$35,268.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $35,268.83 $1,077.58 $0.00 $36,346.41
Yearly $423,225.96 $12,931.00 $0.00 $436,156.96
Total $12,696,778.81 $387,930.00 $0.00 $13,084,708.81
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Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Ferndale, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-10-24T01:23:13.000Z

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