Our Office Locations WINDERMERE COMMERCIAL PROPERTIES. Windermere Bellingham 515 W. Bakerview Rd Bellingham, WA (360) wrecommercial.

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1 Our Office Locations Windermere Bellingham 515 W. Bakerview Rd Bellingham, WA (360) wrecommercial.com WINDERMERE COMMERCIAL PROPERTIES Whatcom County August 2016 Windermere Birch Bay Blaine 8105 Birch Bay Square St Blaine, WA (360) wrecommercial.com Windermere Fairhaven 1200 Old Fairhaven Pkwy, #106 Bellingham, WA (360) wrecommercial.com Windermere Lynden 8071 Guide Meridian, #105 Lynden, WA (360) wrecommercial.com Belle Flora-1201 N State St Listed by Damian Pro For Complete Listing Details, See page 8

2 For Detailed Property Information Contact: Windermere Commercial (360) Jeff Baker (360) Gregg Baker (360) KC Coonc (360) Kevin Geraghty, CCIM (360) Bill Henshaw (360) Jeff Hopwood (360) Jeff Johnson (360) Kirby Jones (360) Jim Kaemingk (360) Mike Kent (360) Table of Contents Buildings For Sale Pages 2-7 Business Opportunities Page 8 Vacant Land for Sale Page 9-18 Mike Kingsley (360) Kingsley@windermere.com Jason Loeb (360) jasonlob@gmail.com Ryan Martin (360) ryan@northsoundcommercial.com John Mitzel (360) johnemitzel@windermere.com Michael P. Reams (360) michael@northsoundcommercial.com Robert Sandoz (425) rsandoz@windermere.com Jon Soine (360) jon@jonsoine.com Lyle Sorenson (360) lylesorenson@windermere.com Karen Timmer (360) Karen@karentimmer.com John Templeton (360) johntempleton@windermere.com Lester Van Mersbergen (360) lestervan@windermere.com Buildings For Lease Pages Broker Contact Info Page 26 Windermere Commercial Whatcom County (360) Page 1 Windermere Commercial Whatcom County (360) Page 26

3 NOTES 1.1 BUILDINGS: FOR SALE th St, Bellingham - Prime bustling Fairhaven business district Judson Plaza commercial condo. Includes 2 connected suites numbered with potential for up to 4 individual units all with outside entry or possible residential/commercial combination. 2 underground secure parking spaces, elevator, private outdoor courtyard area. Shared common area bathroom. Additional parking underground at $50 per month per space. $339,000 CBA# Contact Mike Kent (360) Alderson Rd #104, Blaine - Ideally located commercial space in the heart of Birch Bay! One of WA fastest growing communities! New in 2007 w/ residential condos and townhomes situated in the same building. 2 mi walk to beaches and area attractions. 10 mins to I-5. Occupy your space immediately. Build equity in your address while building your business. 1.3 $111,000 CBA# Contact Mike Kent (360) Alderson Rd #105, Blaine - Ideally located commercial space in the heart of Birch Bay! One of WA fastest growing communities! New in 2007 w/ residential condos and townhomes situated in the same building. 2 mi walk to beaches and area attractions. 10 mins to I-5. Occupy your space immediately. Build equity in your address while building your business. $119,000 CBA# Contact Mike Kent (360) Alderson Rd #106, Blaine - Ideally located commercial space in the heart of Birch Bay! One of WA fastest growing communities! New in 2007 w/ residential condos and townhomes situated in the same building. 2 mi walk to beaches and area attractions. 10 mins to I-5. Occupy your space immediately. Build equity in your address while building your business. $104,000 CBA# Contact Mike Kent (360) Alderson Rd #105 & 106, Blaine - Ideally located commercial space in the heart of Birch Bay! One of WA fastest growing communities! New in 2007 w/ residential condos and townhomes situated in the same building. 2 mi walk to beaches and area attractions. 10 mins to I-5. Occupy your space immediately. Build equity in your address while building your business. 1.6 $208,000 CBA# Contact Mike Kent (360) Central Ave, Bellingham - Historic downtown Four Square style Craftsman property near Courthouse and City Hall. Beautiful original woodwork still intact and in great condition. Spectacular spiral staircase. Original hardwood floors throughout. Over 2700sf with 4BR, 2.75 BA and two kitchens. Most recently used as an apartment upstairs and an antiquarian book store below. Zoned Commercial for many potential uses. New roof. Fresh exterior paint. $345,000 CBA# Contact Ryan Martin (360) Windermere Commercial Whatcom County (360) Page 25 Windermere Commercial Whatcom County (360) Page 2

4 BUILDINGS: FOR SALE BUILDINGS: FOR LEASE Cornwall Ave, Bellingham - Outstanding opportunity to own one of the premium corners in the busiest part of downtown Bellingham. Part of this package includes the corner building along Cornwall Ave and W. Holly Street which is a building of historical significance and features a new roof and good tenancy. Cornwall building is on the National Historic Register. Adjacent to the Key Bank building and the Greenhouse, this offering features 3 unique buildings with eight suites, 7 at street level along Holly and Cornwall Ave. $4,200,000 CBA# Contact Jason Loeb (360) Yew St, Bellingham - A great location for your small business! This is a lease opportunity in a well maintained shopping center with well established tenants. Excellent street frontage and a lot of through traffic. 2,000 square feet of empty commercial space, ready to be transformed to fit your business needs. 1 year lease minimum. $2,166 MO NNN CBA# Contact Travis Fox (360) Cornwall Ave, Bellingham - Located in the center of downtown Bellingham in mixeduse building. Excellent visibility to the street. Located in unique historic district. opportunity in a well maintained shopping center with well established tenants. Excellent street Yew St, Bellingham - A great location for your small business! This is a lease frontage and a lot of through traffic. 1,000 square feet of empty commercial space, ready to be transformed to fit your business needs. 1 year lease minimum. $900,000 CBA# Contact Jason Loeb (360) $1,083 MO NNN CBA# Contact Travis Fox (360) Custer School Rd, Custer - Very unique opportunity to purchase a fire hall that held 3 full size fire trucks. Features include large kitchen, training room, washrooms, abundant storage & ideal potential for Residence/Business Operation (to be verified by purchaser) Large, paved parking area, genset, ari lines, the list goes on. Amazing shop for car collector hobbyist or monster storage space. $340,000 CBA# Contact Mike Kent (360) E Street, Bellingham - Classic, well maintained character Bay View Commercial Office Building! This property was converted to a Law Office in 1983 providing 7 private suites, 1 conference room, reception area, mini kitchen, main floor ADA compliant 1/2 Bath plus additional 3/4 bath, areas for support staff, large attic space for dry storage not included in sqft. The building has 7 parking spaces, manicured fenced yard separated from E Street and Bancroft by large hedge. Close to Civic Center. $525,000 CBA# Contact David Hovde (360) Front St, Lynden - Multi-tenant historic building in downtown Lynden core. Very good location in a growing city with a dynamic and vibrant city center. $595,000 CBA# Contact Jeff Johnson (360) Front St, Lynden - Conveniently located just off the Guide in area of rapid commercial growth. Property was converted to an office in 2003 with new windows, furnace, air conditioning, maple floors, & metal roof. 1,040 sq ft of office with large unfinished basement for storage or expansion. Over 1/3 acre lot with 22 paved parking spaces and 2 handicapped ramps. Plenty of room to add on or reconfigure property. $285,000 CBA# Contact KC Coonc or Ryan Martin (360) Windermere Commercial Whatcom County (360) Page 3 Windermere Commercial Whatcom County (360) Page 24

5 BUILDINGS: FOR LEASE Stonegate Way, Ferndale - FOR LEASE! Brand New 20,000 Sq ft Free Span steel warehouse. 24 eves. 3 phase power. Sprinkler system installed. Shell office space negotiable. 1 dock, 1 grade. Standing seam metal roof. Located very close to a full exchange off 1-5 (Slater Road). City utilities. Available for lease at $0.60/SQFT/NNN. $0.50 NNN CBA# Contact Mike Kinglsey (360) BUILDINGS: FOR SALE 7389 Gemini, Blaine - One of a kind tower was a Radar tower during the Cold war. Six stories tall and one underground. Built like you know what? Has an elevator top floor has 30ft ceilings. Views to Vancouver & the San Juan Islands. Owner will consider partial trades of real estate, vehicles, planes. Property sits right in the middle of Horizon Bay Park. Zoned URM6 Let your imagination run wild you could convert to a doomsday shelter, condos, high end home or family retreat? Helicopter Pad on the roof? 3 other buildings included one is a large shop $1,500,000 CBA# Contact Kevin Geraghty (360) Vista Drive, Ferndale Suite 101 & Vista building located one block off Main St. on the corner of Vista & 4th St. in Downtown Ferndale. Across the street from Ace Hardware and the Ferndale post office. Close proximity to many services, restaurants, and convenience stores. Property offers 34 off street parking spaces as well as an 8 space parking garage for residential tenants. In addition there is unmetered street parking conveniently available. $8.50 SF NNN CBA# Contact David Hovde or Jay Reilly (360) Grover St, Lynden - Professional / Commercial Office Building in downtown Lynden. Excellent corner location with high visibility. Close to banks, medical offices & other amenities. The building was constructed as a bank with 9 parking spaces, drive-up window, safe, open lobby, offices, conference room, ADA restrooms, and kitchen. Excellent office building or possibly convert to café or coffee corner. $439,000 CBA# Contact KC Coonc or Ryan Martin (360) Vista Drive, Ferndale Suite Vista building located one block off Main St. on the corner of Vista & 4th St. in Downtown Ferndale. Across the street from Ace Hardware and the Ferndale post office. Close proximity to many services, restaurants, and convenience stores. Property offers 34 off street parking spaces as well as an 8 space parking garage for residential tenants. In addition there is unmetered street parking conveniently available. $8.50 SF NNN CBA# Contact David Hovde or Jay Reilly (360) Guide Meridian, Bellingham - Almost 500 feet of frontage along Highway 542 (Guide Meridian). Extremely high traffic counts and a high percentage of usable property make this property a high potential find. This site has several warehouse buildings comprising roughly 6,500 square feet, a separate retail type building of 3,492, another manufacturing building at 2,912 with tenant, a residence in the back and a manufactured home that is also rented out $1,600,000 CBA# Contact Jason Loeb (360) Vista Drive, Ferndale Suite Vista building located one block off Main St. on the corner of Vista & 4th St. in Downtown Ferndale. Across the street from Ace Hardware and the Ferndale post office. Close proximity to many services, restaurants, and convenience stores. Property offers 34 off street parking spaces as well as an 8 space parking garage for residential tenants. In addition there is unmetered street parking conveniently available Guide Meridian, Bellingham - Great Light Industrial Property almost 2 acres currently used as a house with large detached shop rents for $1100 per month. Surrounded by office & retail business, one of the highest traffic counts in Whatcom County over 20,000 vehicles per day. In the annexation process currently just outside the city limits of Bham. Mobile office/home not included in the sale belongs to current tenant. Do no disturb tenant. City of Bham Sewer & Water installed in the Guide Meridian. Bellingham water serviced at the property. $8.50 SF NNN CBA# Contact David Hovde or Jay Reilly (360) $500,000 CBA# Contact Kevin Geraghty, CCIM (360) Williamson Way, Bellingham- This 19,821 SF industrial / office building is located in Bellingham, WA and is adjacent to the Bellingham International Airport. With 5,378 SF of available warehouse space and 4,533 SF of available office space this building works well for either a single user or multiple users. This property comes equipped with a security gate, 3 grade level doors, clear span ceilings, ample parking, and a fully fenced yard. Easily accessible from I 5, this property would be ideal for a distribution center, office, and internet sales (etc.). $0.70 NNN CBA# Contact Michael P Reams (360) W Holly, Bellingham - Absolutely prime downtown location with over 13,500 square feet of demisable space is ready for a new owner or tenant. This space is located on Holly Street just west of Cornwall in historic downtown Bellingham and features hardwood floors, great light, offices, 20` + ceilings on the main floor with huge skylights, and a dramatic glass entryway. Previously used as a retail space, this suite features two floors with tremendous street exposure and lots of glass. $1,250,000 CBA# Contact Jason Loeb (360) Woburn St, Bellingham - Outstanding Warehouse space for Lease SF of quality warehouse space. Two 12 ft grade- level roll-up doors, parking and secure access. $800 MO Gross CBA# Contact Kirby Jones (360) Kelly Rd, Bellingham - Over 50,000 square foot building offered as a pre-sale on 6 acres of light industrial property just off Guide Guide Meridian at the Kelly Rd. Septic permit approved, storm water permit & fill & grade all approved & City of Bellingham waterline approved choice of a 8 or 12 inch water line. In city of Bellingham annex area. Great for Manufacturing. Warehouse, Mini storage, show room. natural gas on Kline Rd can service property, 3 phase power in street at Kelly. Wetlands delineation approved. $5,000,000 CBA# Contact Kevin Geraghty (360) Windermere Commercial Whatcom County (360) Page 23 Windermere Commercial Whatcom County (360) Page 4

6 BUILDINGS: FOR SALE BUILDINGS: FOR LEASE Kentucky St, Bellingham - Ideal building and opportunity for 502 growing/distribution. Much due diligence & building enhancements plans and info available for interested parties. High visibility location on corner of two arterials. Large pole sign. Nice offices and extra parking lot-this sale also includes the parking lot south of the building-add'l 4,792sqft for a total of 10,392sqft- tax ID is bay doors, offices, restrooms in place. Close to I-5 North and South. Zoning LI Lincoln St, Everson - Hard to find...great 17,000 SF high visibility warehouse manufacturing space with dock high loading, heavy power and nice office or retail space out in front. $0.45 SF NNN CBA# Contact Lyle Sorenson (360) $800,000 CBA# Contact KC Coonc & Ryan Martin (360) Lincoln St, Everson - Landmark 47,090 SF steel warehouse/manufacturing building with 3,182 SF office space zoned commercial. Heavy power, high ceilings, dock, and grade level doors. Great investor opportunity at 7% cap or 17,000 + SF with office/retail could be split off for a new owner/user, creating income and equity in a facility you can grow in to. $3,500,000 CBA# Contact Lyle Sorenson (360) Main, Ferndale- The Historic Leader Block Building is proudly situated on the corner of Main Street and Second Street in the heart of Ferndale s Historical Business District. The ownership has brought forth a vision of upscale presentation with unique and high end finishes to attract the most discerning tenant. 3 different suite configurations are available that share a large common meeting foyer for your customers or clients use. Ideal suite designs for professional office, café, pizza shop, specialty sandwich shop, bakery, micro-brew pub, wine tasting room, espresso / coffee, or tea shop. $1,000-$1,500 MO CBA# Contact KC Coonc & Ryan Martin (360) Lincoln St, Bellingham - Pads available in Bellingham's newest premier retail location. High traffic planned development with approved site plan from city featuring flexible build-tosuit or from existing planned retail suites. Spaces from 1,500 to over 12,000, some with I-5 visibility Total of up to 55,000 square feet available along 8 buildings. Next to Fred Meyer, Whole Foods and just minutes from two I5 exits. Come take your retail operation to the next level at the Village At Lincoln. Three pads available 3b: 4,717sf building for $525,000 3c: 8,967sf building $995,000, 3d: 6,254sf building $750,000. $3,500,000 CBA# Contact Jason Loeb (360) Mercer Ave, Bellingham - Introducing Marine Drive Business Park. Brand new steel construction located just outside City of Bellingham boundary (No B&0 Tax). Minutes to I-5, Bellingham airport, & downtown. Ideal truck access. 5 individual buildings up to 14,800 SF for largest. Each can be demised with office space and mezzanine capabilities. Excellent retail exposure & ideal shipping warehouse or light manufacturing park. Grade level 12X 14 roll up doors. 200 amp, 120/208v 3 phase power. Sprinkled to allow 18 ft stacking. Space heaters and restrooms included. $ SF / NNN CBA# Contact Mike Kent or Jeff Johnson (360) Lincoln St 3B, Bellingham - Pad 3B available in the Village at Lincoln South in Bellingham's newest premier retail location. High traffic planned development with approved site plan from city of Bellingham I-5 visibility near WWU shuttle parking and minutes from campus and downtown. Project has 55,000 square feet available along 8 buildings. Next to Fred Meyer, Whole Foods and just minutes from two I5 exits. Come take your retail operation to the next level at the Village At Lincoln. Listing includes pad 3B which will accommodate a 4,717 square foot building. $525,000 CBA# Contact Jason Loeb (360) Meridian Street, Bellingham- High visibility retail endcap in Bellingham on Meridian Street in with a 2014 MPSI traffic count of 35,807 trips per day. 26 clear height with 3,600 sq ft on the main floor and 588 sq ft of mezzanine. Ample parking with easy Northbound ingress and signalized intersection access to Bakerview and Southbound Meridian Street. The suite will accommodate a second floor for a retail sales or repair business that requires substantial clear ceiling height. Pylon signage available on Meridian Street. $16.00 NNN CBA# Contact KC Coonc & Ryan Martin (360) Lincoln St 3C, Bellingham - Pad 3C available in the Village at Lincoln South in Bellingham's newest premier retail location. High traffic planned development with approved site plan from city of Bellingham I-5 visibility near WWU shuttle parking and minutes from campus and downtown. Project has 55,000 square feet available along 8 buildings. Next to Fred Meyer, Whole Foods and just minutes from two I5 exits. Come take your retail operation to the next level at the Village At Lincoln. Listing includes pad 3C which will accommodate a 8,967 square foot building. $995,000 CBA# Contact Jason Loeb (360) Meridian St, Bellingham - Vacant but space is under renovation framed up includes 2 bathrooms & storage. $20.00 SF NNN CBA# Contact Kevin Geraghty (360) Lincoln St 3D, Bellingham - Pad 3D available in the Village at Lincoln South in Bellingham's newest premier retail location. High traffic planned development with approved site plan from city of Bellingham I-5 visibility near WWU shuttle parking and minutes from campus and downtown. Project has 55,000 square feet available along 8 buildings. Next to Fred Meyer, Whole Foods and just minutes from two I5 exits. Come take your retail operation to the next level at the Village At Lincoln. Listing includes pad 3D which will accommodate a 6,254 square foot building. $750,000 CBA# Contact Jason Loeb (360) Meridian St, Bellingham - Building under renovation new windows, HVAC, siding, roof new parking lot. This is second floor potential office space. $10.00 SF NNN CBA# Contact Kevin Geraghty (360) Windermere Commercial Whatcom County (360) Page 5 Windermere Commercial Whatcom County (360) Page 22

7 BUILDINGS: FOR LEASE Guide Meridian, Bellingham - Office/Retail/WH in great location off of Guide Meridian. Dock high door. Heavy on power. Fiber optics. 5,000sf of office west side of building, 12,000sf bay, plus approx. 6,700sf of office east side of building. Blended rate at.49mo nnn. $0.49 NNN CBA# Contact Jason Loeb (360) BUILDINGS: FOR SALE 0 Lincoln St 3A, Bellingham - Brand new stand alone retail available in the Village at Lincoln South in Bellingham's newest premier retail location. High traffic planned development with approved site plan from city of Bellingham. I-5 visibility near WWU shuttle parking and minutes from campus and downtown. Complete project has 55,000 square feet available along 8 buildings. Next to Fred Meyer, Whole Foods and just minutes from two I5 exits. Come take your retail operation to the next level at the Village At Lincoln. Listing includes first of 8 buildings (3A) to be completed July $2,800,000 CBA# Contact Jason Loeb (360) Guide Meridian, Lynden- 540 SF of professional office space located in a busy dental complex. 3 offices, reception area, & waiting room. Conveniently located on the Guide Meridian. Lots of parking and great signage. Lease includes all utilities. Office is plumbed with water. Common bathroom shared with Dental offices. Freshly remodeled building- this is a Great Space! W Magnolia #4, Bellingham - Prime downtown retail location with high visibility. Great corner location. W Magnolia and Commercial. Good exposures to street and high volume pedestrian traffic. This condo retail space has 1,344 SF on the main (street) level with an additional 700 SF of Mezzanine. Another 1516 SF lower level storage or?? Well established area with a good mix of successful businesses. $1,200 MO Gross CBA# Contact Mike Kingsley (360) $449,000 CBA# Contact Jason Loeb (360) H Street, Blaine - Well located spaces on busy H St Road immediately across the street from the Post Office. Plenty of parking both on-site and on the street. 525 SF unit. $ Gross CBA# Contact Bill Henshaw (360) Meridian, Bellingham - Fabulous commercial location almost 2 acres across the street from Wal-Mart just north of Bellis Fair a 1 million square foot regional mall. Property has a nice single family house that could be converted to office or retail & room for additional buildings. Traffic count over 30,000 per day one of the highest traffic counts in Whatcom County. Highway in front know as Washington State Route 539 or Guide Meridian direct route to the Canadian border and Lynden/Aldergrove crossing. Property sits behind 4451 Meridian shared driveway to service both parcels. $488,888 CBA# Contact Kevin Geraghty (360) H Street, Blaine - Well located spaces on busy H St Road immediately across the street from the Post Office. Plenty of parking both on-site and on the street. 250 SF unit. $ Gross CBA# Contact Bill Henshaw (360) Mission Rd, Bellingham - This property is a Whatcom County approved School leased year to year by the Nooksack Indian Tribe. The Campus consists of 7 structures totaling roughly 16,358 SQFT situated on 20 acres. The property is served by a class "A" water system and a very large septic system. Parking is plentiful with room to articulate large vehicles. The property has an enclosed swimming pool, however, it currently serves as a fire flow reserve. Great opportunity for a charter school or private facility. $1,300,000 CBA# Contact Dawn Durand or Mike Kingsley (360) Horton Rd, Bellingham - HIGH TECH FLEX space. 2 buildings on 3.1 acres. (Bldg 1):13,000 SF footprint concrete tilt containing 9,013 SF office/medical space; 3,987 SF of warehouse & 1,300 SF storage mezzanine. 2 grade level loading doors in back of building accessed from service yard- totaling roughly 30K SF of fenced blacktop AMPS of 120/208 3 phase w/ back up generator & 15'-24' eve heights. (Bldg 2): 24 x 24 steel stud shop, 12' ceilings. Fully fenced. Previously used for oxygen gas production & storage. Property is beautifully landscaped & well maintained with 113 dedicated parking spaces. $18.00 NNN CBA# Contact Jeff Johnson or Mike Kingsley (360) Montgomery Rd, Bellingham - This is a great 8.5 acre property located in Bellingham, WA that includes 18 buildings, a well-established business and equipment. Cascade Cuts is a highly successful wholesale nursery that has operated their business from this location for over 34 years. Take advantage of this rare opportunity to own a great property with a turn-key business, or redevelop this property, into a potential 51 lot subdivision. $1,000,000 CBA# Contact Michael Reams, KC Coonc,,or Ryan Martin (360) Lincoln St Suite 3A, Bellingham -Bellingham's newest premier retail location. High traffic planned development with approved site plan from city featuring flexible build-to-suit or from existing planned retail suites. Spaces from 1,500 to over 12,000, some with I-5 visibility Total of up to 55,000 square feet available along 8 buildings. Next to Fred Meyer, Whole Foods and just minutes from two I5 exits. Come take your retail operation to the next level at the Village At Lincoln. $25.00 SF NNN CBA# Contact Jason Loeb (360) Pacific Highway, Ferndale - Great commercial property that fronts on I-5 freeway. Almost 2 acres. A office/shop building is on the property. Both tenants are on a month to month lease but will sign a long term lease. Westgate Mobile Home Sales and Zen Motors Auto Sales will provide $4,000/month once the older mobile home is moved. Older mobile home out front goes with the seller. $595,000 CBA# Contact Lester VanMersbergen (360) Windermere Commercial Whatcom County (360) Page 21 Windermere Commercial Whatcom County (360) Page 6

8 BUILDINGS: FOR SALE BUILDINGS: FOR LEASE Stonegate Way, Ferndale- FOR SALE OR LEASE!! Brand New 20,000 SqFt LI Free Span steel warehouse. 24' eves. 3 phase power. Sprinkler system installed. Shell office space negotiable. 1 dock, 1 grade. Standing seam metal roof. Located very close to a full exchange off I-5 (Slater Road). City utilities. Available for lease at $0.60/ SqFt NNN Cornwall Suite , Bellingham - Large 3 room office , all utilities included, elevator, secured building, complimentary weekly limited janitorial service. $950 MO CBA# Contact David Hovde (360) $1,850,000 CBA# Contact Mike Kingsley (360) Timon Rd, Everson - Fabulous premier estate style residence for equestrain, canine, farming or other livestock. Amazing outbuildings, barns, indoor parking for 17!!! and lots of paved parking! Over 29 acres of fenced & cross fenced pastures, indoor riding arena, professionally landscaped grounds including orchard, hardscape. Dedicated pool house with huge indoor/outdoor patios for entertaining sq ft custom single level home w/luxurious master suite, 3 fireplaces, walk-ins & more Cornwall, Bellingham - Terrific street retail availability on one of Downtown Bellingham's most vibrant areas with ample street parking and a sophisticated mix of tenancy. Perfect for office, retail, or a mixed use application with waiting room, back offices and remodeled bathroom. $1,150,000 CBA# Contact Jeff Hopwood (360) $14.00SF NNN CBA# Contact Jason Loeb (360) Trigg Rd, Ferndale - This unique property offers diverse opportunities with turn key commercial green houses & a 56 x 20 shop with loft space. Situated on 14 private acres with excellent freeway access to North & South. 3 greenhouses (2 heated 1 cold) totaling 7850 square feet. Impeccably cared for and thoughtfully designed custom home is 2961 sq ft 3/bed 2.5 bath. Home has a mud room set up for employee area if desired that is separate from main living. Run your own business or live in a home & rent out the space Cornwall Ave, Bellingham- Clean and well located office suite SF of quiet, second floor office space in a great central Bellingham location. Plenty of parking and visibility. $1700 Mo NNN CBA# Contact Kirby Jones (360) $599,000 CBA# Contact Wynden Holman (360) Williamson Way, Bellingham- This 19,821 SF industrial / office building is located in Bellingham, WA and is adjacent to the Bellingham International Airport. With 10,755 SF of warehouse space and 9,066 SF of office space this building works well for either a single user or multiple users. This property comes equipped with a security gate, 3 grade level doors, clear span ceilings, ample parking, and a fully fenced yard. Easily accessible from I 5, this property would be ideal for a distribution center, office, and internet sales (etc.) $1,580,000 CBA# Contact Michael P Reams (360) Front St, Lynden - Clean and Functional Office Space in the heart of Lynden. 830 SF of first floor office. Big windows, plenty of parking and built out office. Adjacent space to the Bank of America in a great corner location. Perfect for financial sector office use. Over 3,000 SF of carpeted basement office space also available for $600 per month + NNN. $500 Mo NNN CBA# Contact Kirby Jones (360) Yew Street, Bellingham - Well established 5 units in Bellingham all on one level. Pride of ownership since U shaped design with parking in the center (some carports) Units are in good condition. low vacancy and long term tenants. Seller replaced all out door faucets and removed all trees that were a roof and root problem this year, washer/dryers and 4 units have fireplaces. Appointment only, Tenants need 48hr notice. $570,000 CBA# Contact Bill Henshaw (360) Front St Suite C, Lynden - High visibility retail storefront on Front Street. The adjacent tenants are a 24 hour gym, yoga studio, and the newly remodeled car wash. The center has plenty of onsite parking and is easy to ingress and egress. The available space is 2,585 square foot being offered at $1,680/mo. $7.80 SF Gross CBA# Contact KC Coonc or Ryan Martin (360) Yew St, Bellingham - Former KinderCare Learning Center previously licensed for Grover St, Lynden - Professional / Commercial Office Building in downtown Lynden. children centrally located in Bellingham near Whatcom Falls Park. The 8,772 sq ft building on a Excellent corner location with high visibility. Close to banks, medical offices & other amenities. 39,600 sq ft lot is situated between a pharmacy and fire station. Conversion/Redevelopment potential for multiple uses such as community center, non-profit although multifamily apartments or assisted care is likely the highest and best use. Quality brick exterior, new roof, fenced, play The building was constructed as a bank with 9 parking spaces, drive-up window, safe, open lobby, offices, conference room, ADA restrooms, and kitchen. Excellent office building or possibly convert to café or coffee corner. area, with 18 plus parking stalls. Current zoning is Neighborhood 9. Residential, Multifamily Duplex. Available for purchase at market rate. Bring offers. $13.97 NNN CBA# Contact KC Coonc or Ryan Martin (360) Market Value CBA# Contact KC Coonc or Ryan Martin (360) Windermere Commercial Whatcom County (360) Page 7 Windermere Commercial Whatcom County (360) Page 20

9 BUILDINGS: FOR LEASE BUSINESS OPPORTUNITIES rd Ave, Ferndale- The space consists of 2 offices, 1 bath, a small lunch area, retail space up front and a small amount of back office space. There are numerous plugs throughout the space. Center has new 5400 sqft tenant, Christ the King Church, who renovated their entire space. Exterior of center has been painted. $9.00 SF/ NNN CBA# Contact Jason Loeb or Mike Kingsley (360) W Champion, Bellingham - One of the Best Bar / Restaurants in the heart of Bellingham. Fabulous location across the street from the Pickford Theater, Bayou on Bay, Woods Coffee, and sandwiched in between The Mount Bakery and Black Drop. Excellent bar, food, service and following. Full financials available with signed NDA. Great long term lease. Check them out on Facebook, Trip Advisor, and Yelp. $190,000 CBA# Contact Jeff Hopwood (360) C Street, Bellingham- Lettered streets medical office building located very close to Bellingham`s City Center. Well maintained building with ample private off street parking that is nicely landscaped. Historical use is medical/office $1000 Mo Mod Gross CBA# Contact Michael Reams (360) Harbor Dr, Blaine - Dave's Water Service has been delivering water in Whatcom and Skagit County for over 40 years and is known for exceptional customer service and well maintained equipment. This is an excellent business opportunity with a NOI of $48,108. This sale includes a 1989 International Diesel truck with a 2,000 gallon stainless steel water tank and the existing BP water service contract. Dave's Water Services also delivers water for pools, hot tubs, and other residential and commercial water needs. $145,000 CBA# Contact Michael P Reams (360) W Champion St, Bellingham SF of office space in a professional building. Elevator, Common restrooms, fiber, Comcast and Century Link in Building. Many professional uses in the building. Great inexpensive office space in a convenient location close to courthouse, city hall, restaurants, businesses and coffee shops. GROSS LEASE ALL UTILITIES PAID. Call to view today N State St, Bellingham - Well established and successful floral business since Located in the prime area of downtown Bellingham. $50,000 CBA# Contact Damian Pro (360) $590 Mo / Gross CBA# Contact Ethan Potts (360) Cornwall Suite 201, Bellingham - This two room office, has an office within an office. Partial bay View, 10 foot ceilings, limited weekly complementary janitorial service. $375 MO CBA# Contact David Hovde (360) Cornwall Suite 209, Bellingham - One room office, 10' ceilings. Building is secured, elevator, complimentary weekly limit janitorial service. $450 MO CBA# Contact David Hovde (360) Cornwall Suite 212, Bellingham - Larger 2 room office, freshly remodeled, rent includes all utilities except internet, complimentary weekly limited janitorial service, elevator, secured building. $375 MO CBA# Contact David Hovde (360) Windermere Commercial Whatcom County (360) Page 19 Windermere Commercial Whatcom County (360) Page 8

10 VACANT LAND: FOR SALE VACANT LAND: FOR SALE rd St, Ferndale - Vacant 8,690 +/- SF lot in downtown Ferndale. All utilities in the street. Zoned Urban Residential- see attached zoning code. Owner will consider carrying a contract 30% to 50% down, 7% interest, 20 year amortization, 5 year call. City is offering fee abatement for projects in this area until the end of the Year! City has acknowledged a 4-plex is permissible. See attached comments from city of Ferndale Prince Avenue, Bellingham - Preliminary approval on this 70 unit multi-family site. Under $8,000 per door. In a prime location close to shopping, services, Guide Meridian, college, employment, etc. makes this ideal for condos or apartments. Cost analysis is completed along with layout, elevations & more. Current owner is pursuing other opportunities outside of area and has priced to sell. $99,500 CBA# Contact Mike Kingsley (360) $599,000 CBA# Contact Mike Kent (360) Allans Rd, Bellingham Exceptional 5.08 acre development site located at the northern end of Cordata Park, a 600-acre mixed use, master planned community. The main corridor roadway was recently built to within approximately 300 ft of subject property- providing City roads, water, sewer, and street lighting for Phase III of the Springs Residential Community immediately west of the property. Excellent holding property until next extension of Cordata Parkway to serve adjacent 70 lots. 70% Seller Financing-3 year term Semiahmoo Pkwy, Blaine - Semiahmoo Resort Village is a PUD proposal covering approximately 15 acres of uplands and additional tidelands on the shoreline of Drayton Harbor at the Northern end of Semiahmoo Spit in Blaine, WA. Included Burnside Village. A 19.6 acre site with a commercial area, multi-family residential, community parking, public mini storage and a public park. Several existing structures currently leased. Last large scale waterfront multipurpose development site in region. $298,000 CBA# Contact Leigh Freeman or Jim Kaemingk (360) $9,800,000 CBA# Contact Mike Kent or Jeff Johnson (360) Albert St, Blaine - A commercial/residential mixed use development on acres. consisting of a number of development options. One option approved by the City of Blaine, "Albert Avenue Mixed Use Development" includes 92 multi family residential units to be developed w/ a mix of building types ranging from paired townhouses to 6-plex buildings plus 42 residential units to be developed as 2 four-story buildings. Ideal for senior living facility, with street level retail & future commercial medical building site W Smith Rd, Ferndale - Prime level Industrial Site with all city services. Property is cleared pasture with no wetlands sloping to the south. $800,000 CBA# Contact David Hovde (360) $2,995,000 CBA# Contact Mike Kent or Leigh Freeman(360) E Badger Rd, Lynden - Multi-Family Zoning up to 24 Units per Acre - The subject property is 3.36 acres situated at the southwest corner of East Badger and Depot Road consisting of 4 separate tax parcels. The City of Lynden has recently amended the current Local Commercial Services Zoning (CSL) text to permit higher density multifamily development within the North Lynden Sub-Area. Existing rental house provides income during hold or development. $875,000 CBA# Contact KC Coonc or Ryan Martin (360) W Bakerview Rd, Bellingham - Planned commercial zoning allows mixed used projects. Zoned RM 2500, can be changed to RM 1500 utilizing density bonuses. 2nd story residential does not count against density calculations. Site is high visibility-approx 550' east of the main entrance to new Costco w/360' abutting W Bakerview. Traffic counts in '09 were 18,600 vehicles. Completion of Costco will double that. Access to site will be shared w / adjacent property owner to provide left ingress/egress as well as right ingress/egress Stonegate Way, Ferndale - Last remaining fully served PAD READY 1 AC corner lot within the high end Stonegate business park in the City of Ferndale. Excellent truck access to a full exchange off I-5 via Slater Road, an all weather heavy haul road. Off site storm water detention allows for 100% usable area. Designs, inclusive of civil, completed for a 10K,12K,16K SQFT building. Zoned manufacturing for flexibility; see attached code. Build to suit services available. Potential for I-502 production, subject to regulations. $300,000 CBA# Contact Mike Kingsley (360) Tull Rd, Bellingham - 81 Unit Multi-family site located on major arterial, close to shopping and easy access in all directions. Tull Road would be required to be built to service site. $1,215,000 CBA# Contact Bill Henshaw (360) $2,430,000 CBA# Contact Bill Henshaw or Damian Pro (360) W Bakerview, Bellingham - Planned commercial zoning allows mixed use projects. Zoned RM 2500 can be changed to RM 1500, utilizing density bonuses. 2nd story residential does not count against density calculations. Site is high visibility approx 325' east of the main entrance to new Costco w/ 263' abutting W Bakerview. Traffic counts in 09' were 18,600 vehicles. Completion of Costco that will double. Access to site will likely be shared w/ adjacent property owner to provide left In & Out turns as well as right In & Out. $2,200,000 CBA# Contact Bill Henshaw or Damian Pro (360) Windermere Commercial Whatcom County (360) Page 9 Windermere Commercial Whatcom County (360) Page 18

11 VACANT LAND: FOR SALE VACANT LAND: FOR SALE Orchard Drive, Bellingham - The property located in the geographic heart of the county is well located close to Western Washington University, Whatcom Community College, and St. Joseph's Hospital Campus. Bus service is available on Birchwood Ave, as well as vehicle access in all directions. All utilities are to the site. Zoning will allow 525 units Bakerview Heights Rd, Bellingham acre industrial park with binding site plan roads, water, sewer and storm already in. Perfect for an end user, business campus or developer of any of the above. $7,875,000 CBA# Contact Bill Henshaw (360) $1,990,000 CBA# Contact Lyle Sorenson (360) Patos Dr, Ferndale - Very rare extra large canal lot in Sandy Point with water share at Closing to Buyer. Located at the end of a quiet street. Boat docks are allowed with proper permits and take advantage of all that sandy point has to offer: marina, golf and saltwater access to the Puget Sound Birchwood, Bellingham - Property located near St. Joseph Hospital has great development potential with lake frontage. $195,000 CBA# Contact Jeff Johnson or Mike Kent (360) $8,000,000 CBA# Contact Jason Loeb (360) Portal Way, Ferndale - Great 4.5 acre parcel that will have city approval for eleven four -plexes anytime now! Before City of Ferndale final approval, the buyer, if they so choose, can amend the current plan to build up to 122 multi family units. This is a great opportunity to build a multi-family complex next to the I-5 interchange only minutes from Bellingham Birchwood Ave, Bellingham - Property located near St. Joseph Hospital has great development potential with lake frontage. $1,120,000 CBA# Contact Lester Van Mersbergen (360) $1,400,000 CBA# Contact Jason Loeb (360) Portal Way, Blaine - Zoned Rural Industrial Manufacturing with a permitted use for Marijuana producing or processing. Multiple 7k sq ft greenhouses or steel buildings are allowed per Whatcom County Code. Seller has drilled a 5000 gallons per day shared well with fire flow to service the property. Preliminary estimate of up to 147k sq ft of canopy opportunity by combining this site with 8306 Portal Way and 8330 Portal Way. $2,415,000 CBA# Contact KC Coonc or Ryan Martin (360) Portal Way, Blaine - Zoned Rural Industrial Manufacturing with a permitted use for Marijuana producing or processing. Multiple 7k sq ft greenhouses or steel buildings are allowed per Whatcom County Code. Seller has drilled a 5000 gallons per day shared well with fire flow to service the property. Preliminary estimate of up to 147k sq ft of canopy opportunity by combining this site with 8306 Portal Way and 8330 Portal Way. $1,035,000 CBA# Contact KC Coonc or Ryan Martin (360) Buchanan Loop, Ferndale- This is a very well located buildable site in a well designed light industrial park with easy access to I-5 and close to all major road systems in Whatcom County. $1,400,000 CBA# Contact Jeff Johnson or Mike Kent (360) Buchanan Loop, Ferndale - Excellent I-5 access and visibility. Access to sign monument on I-5. Located 10 minutes to Bellingham and Canada. Location, price and access make this one of the best ready to build lots in Whatcom County! 12,000 sf concrete building for sale across street. $1,111,295 CBA# Contact Jeff Hopwood (360) Portal Way, Blaine - Zoned Rural Industrial Manufacturing with a permitted use for Marijuana producing or processing. Multiple 7k sq ft greenhouses or steel buildings are allowed per Whatcom County Code. Seller has drilled a 5000 gallons per day shared well with fire flow to service the property. Preliminary estimate of up to 147k sq ft of canopy opportunity by combining this site with 8306 Portal Way and 8330 Portal Way Curtis Rd, Bellingham acres contiguous to 4256 Curtis Rd. Together, they form a rectangle. Site is 160 x 395 Served by Whatcom PUD water Site improved with a 10,000 s.f. Older building that has been used for building boats Easy access to I-5 Easement to the property is across 4256 Curtis Rd $450,000 CBA# Contact Bill Henshaw (360) $690,000 CBA# Contact KC Coonc or Ryan Martin (360) Windermere Commercial Whatcom County (360) Page 17 Windermere Commercial Whatcom County (360) Page 10

12 VACANT LAND: FOR SALE VACANT LAND: FOR SALE D St, Blaine - Bridges Plat Planned Unit Development,36 lots preliminary approved. Minimum changes and engineering required. Possible to start developing in early spring this year. Can be developed in two phases. Some lots will have views. Located next to Lincoln park, walking distance to schools and shopping. Includes fixer home at 4475 Dst. Two parcels included in sale. Lot line adjustment required before closing Mahogany, Bellingham - This 9.04 acre piece is located just west of the proposed new Costco. A new road is proposed to be built in 2016 by the city of Bellingham along an existing right of way that will provide access and road frontage to this property. Currently there is no access. The property has been rezoned to Planned Commercial. Many uses including mini storage, fast food, mixed use, professional offices or retail center. $870,000 CBA# Contact Billy Brown (360) $1,950,000 CBA# Contact Jeff Johnson (360) Delta Ring Rd, Lot# 8, Ferndale - A Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Lots range from acres. Community water and septic (great for tying into city services in the future). Road is improved and utilities are stubbed. Sand soil. Close to refineries. Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, county jurisdiction. $264,017 CBA# Contact Mike Kingsley (360) Meridian St, Bellingham - Prime commercial site across from the Costco power center. High traffic area with secondary access to Kellogg Road. All utilities to site. 60 ft access road at rear of property to match up with Tull Road, 30 ft to be dedicated for road purposes. $1,495,000 CBA# Contact Bill Henshaw (360) Delta Ring Rd Lot# 15, Ferndale - A Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Lots range from acres. Community water and septic (great for tying into city services in the future). Road is improved and utilities are stubbed. Sand soil. Close to refineries. Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, county jurisdiction Meridian St, Bellingham - Excellent parcel of planned commercial on high traffic street, adjacent to listing # Requirement to install Tull road providing additional access to the rear of the site. All Utilities available. $2,848,000 CBA# Contact Bill Henshaw (360) $179,141 CBA# Contact Mike Kingsley (360) Delta Ring Rd, Lot# 17, Ferndale - A Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Lots range from acres. Community water and septic (great for tying into city services in the future). Road is improved and utilities are stubbed. Sand soil. Close to refineries. Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, county jurisdiction. $225,118 CBA# Contact Mike Kingsley (360) Meridian St, Bellingham - Fabulous commercial location almost 2 acres across the street from Wal-Mart just north of Bellis Fair a 1 million square foot regional mall. Property has a nice single family house that could be converted to office or retail & room for additional buildings. Traffic count over 30,000 per day one of the highest traffic counts in Whatcom County. Highway in front know as Washington State Route 539 or Guide Meridian direct route to the Canadian border and Lynden/Aldergrove crossing. Property sits behind 4451 Meridian shared driveway to service both parcels. $488,888 CBA# Contact Kevin Geraghty, CCIM (360) Delta Ring Rd, Lot# 18, Ferndale - A Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Lots range from acres. Community water and septic (great for tying into city services in the future). Road is improved and utilities are stubbed. Sand soil. Close to refineries. Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, county jurisdiction Meridian St, Bellingham Acre Industrial Parcel in the City of Bellingham. This development site sits in a fantastic, visible location and has all services on site and ready to go. City of Bellingham sewer and water, as well as storm water system are all present and ready for your project. Parcel has existing, paved access from both the Guide Meridian and Horton Roads. Flexible planned industrial zoning can accommodate a large number of uses, to include retail sales. $216,676 CBA# Contact Mike Kingsley (360) $1,200,000 CBA# Contact Jeff Johnson & Kirby Jones (360) Delta Ring Rd, Lot #19, Ferndale - A Planned LI Business Park whose individual 1801 Newkirk Rd, Ferndale - This 200 plus unit building site is on 8.82 acres of flat and owners share a common commitment toward responsible environmental stewardship. Lots developable land that is zoned multifamily RM 1.5. Located in the city of Ferndale, this range from acres. Community water and septic (great for tying into city services in property is easily accessed off of I-5 and has stunning views of Mount Baker. The soil the future). Road is improved and utilities are stubbed. Sand soil. Close to refineries. feasibility study and wetland mitigation have been completed and this property comes with Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, county marketable timber. This property is ideal for duplexes, triplexes, quadplexes and other high jurisdiction. density multifamily development. 5.7 $346,224 CBA# Contact Mike Kingsley (360) $413,900 CBA# Contact Michael P. Reams (360) Windermere Commercial Whatcom County (360) Page 11 Windermere Commercial Whatcom County (360) Page 16

13 VACANT LAND: FOR SALE VACANT LAND: FOR SALE Kellogg Rd, Bellingham - 3+ acres Zoned Multi-Family. Possible unit yield. $425,000 CBA# Contact Josh or Jolene Baijot (360) Delta Ring Rd, Lot#20, Ferndale - A Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Lots range from acres. Community water and septic (great for tying into city services in the future). Road is improved and utilities are stubbed. Sand soil. Close to refineries. Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, county jurisdiction. $223,907 CBA# Contact Mike Kingsley (360) E Kellogg Rd, Bellingham - Rare large multi-family development property inside Bellingham city limits. Three parcels totaling approx 32 acres, zoned PRM 2.4 (18 units/acre) potentially allowing over 500 units. Wetlands delineation completed in 2010 shows large dry areas. Property lies generally north of Spring Creek Bible Church. Property has frontage and access onto Kellogg Rd. Water & Sewer available with no latecomers and is accessible at NW corner of church property near playground. $2,400,000 CBA# Contact Kurt Swanson or Brad Howell (360) Delta Ring Rd, Ferndale Acre light industrial lot with services stubbed to lot.l Delta Tech Industrial Park is a Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Community water and septic (great for tying into city services in the future). Sandy loam soils & situated close to refineries. Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, Whatcom County jurisdiction. Priced to sell. Possible Seller Terms. $151,623 CBA# Contact KC Coonc or Ryan Martin (360) Kickerville Rd, Ferndale - Cherry Point Heavy Impact Industrial zoned 5.11 acres. Natural gas, industrial water and power at road. Close to all weather roads Grandview and Mt View roads. BNRR is the west property line and should be enough length to connect to rail road. Industrial area includes Alcoa aluminum corp, BP and Phillips refinery and the proposed Cherry Point coal port terminal. $225,000 CBA# Contact Gary Medearis (360) Delta Ring Rd, Ferndale acre light industrial corner lot with services stubbed to lot. Delta Tech Industrial Park is a Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Community water & septic (great for tying into city services in the future). Sandy loam soils & situated close to refineries. Grandview Road is an all weather heavy haul road situated on a full exchange off I-5, Whatcom County jurisdiction. Priced to sell. Possible Seller terms. $203,929 CBA# Contact KC Coonc or Ryan Martin (360) Kickerville Rd, Ferndale acres of Heavy Impact Industrial land near BP refinery, Alcoa and Phillips. Available heavy power, natural gas, industrial water with fireflow to these properties. House and shop are also on this property. BNSF R.R. is on the west property line. Cherry Point industrial area. Wetland reconnaissance finished July 2015 with favorable results of minimal wetlands. Shop is 30x46 with 18x46 lean to, 3 roll up doors 220 amp. $2,150,000 CBA# Contact Gary Medearis (360) Delta Ring Rd, Ferndale - 1 plus acre light industrial lot with services stubbed to lot. Delta Tech Industrial Park is a Planned LI Business Park whose individual owners share a common commitment toward responsible environmental stewardship. Community water and septic (great for tying into city services in the future). Sandy loam soils & situated close to refineries. Grandview Rd is an all weather heavy haul road situated on a full exchanged off I-5, Whatcom County jurisdiction. Priced to sell. Possible Seller terms. $150,960 CBA# Contact KC Coonc or Ryan Martin (360) Kickerville - This 16.5 acre development site, zoned Light Impact Industrial, is a great investment. Located just outside of Bellingham, WA, this property is easily accessible from I 5 and the utilities are in the street. A recent wetland delineation was approved by Whatcom County that deemed approximately 15 acres to be usable. This site has a proposed 77,000 SF building plan and would be ideal for I producing and processing, manufacturing, distribution, and warehousing (etc.). $975,000 CBA# Contact Michael P Reams (360) X Depot Rd, Lynden - One acre mixed use medium density multi-family lot combined with commercial overlay at the corner of Depot and E. Badger. Lot has dedicated access off E. Badger and Depot Road making the corner ideal for coffee or convenience store. Flat, sandy loam soil, power, water, sewer, and gas available. Property is adjacent to the Homestead Golf and Country Club. Local Commercial Services Zoning. $295,000 CBA# Contact KC Coonc or Ryan Martin (360) Maddox Creek Rd, Mt Vernon - Approximately 27.8 acres comprised of 4 contiguous 887X Depot Rd, Lynden - One acre medium density multi-family lot with potential for up to 24 parcels that were once apart of the Maddox Creek residential development in Mt. Vernon (now units per acre. Ideal site for walk up townhouses or age restricted development. Shovel ready, expired). The property is being priced to sell as a potential one or two lot home site or as a potential development with the Buyer assuming all development entitlement obligations. flat, sandy loam soil, power, water, sewer, gas available. Adjacent parcels available for larger project. Property is adjacent to the Homestead Golf and Country Club. 3.4 $125,000 CBA# Contact Jeff Johnson (360) $275,000 CBA# Contact KC Coonc or Ryan Martin (360) Windermere Commercial Whatcom County (360) Page 15 Windermere Commercial Whatcom County (360) Page 12

14 VACANT LAND: FOR SALE VACANT LAND: FOR SALE Depot Rd, Lynden - One acre medium density multi-family lot with potential for up to 24 units per acre. Ideal site for walk up townhouses or age restricted development. Shovel ready, flat, sandy loam soil, power, water, sewer, gas available. Adjacent parcels available for larger project. Property is adjacent to the Homestead Golf and Country Club. $295,000 CBA# Contact KC Coonc or Ryan Martin (360) Guide Meridian, Bellingham - Great Light Industrial Property almost 2 acres currently used as a house with large detached shop rents for $1100 per month. Surrounded by office & retail business, one of the highest traffic counts in Whatcom County over 20,000 vehicles per day. In the annexation process currently just outside the city limits of Bham. Mobile office/ home not included in the sale belongs to current tenant. Do no disturb tenant. City of Bham Sewer & Water installed in the Guide Meridian. Bellingham water serviced at the property $500,000 CBA# Contact Kevin Geraghty, CCIM (360) O Drayton Harbor Rd, Blaine - Fabulous vistas of Drayton Harbor and the Canadian Coastal Range beyond Semiahmoo Spit. 95 unit potential. Drayton Hillside II is the last remaining large parcel located on the waterfront in the Semiahmoo Development uplands. Minutes to US/Canada border, I-5 and international airports nearby acres of incomparable inland pacific views adjacent to established neighborhood of prestigious homes Guide Meridian, Lynden - Terrific investment and or development site for variety of uses ie: business center, retail & more. High traffic & high visibility site. Former solidly built residence is currently used as offices & is ideal for rental while holding property or use as business enterprise. 2 entrance points. No better Lynden commerce location & level sandy loam soils. 6.5 acres of opportunity. $850,000 CBA# Contact Mike Kent or Jeff Johnson (360) $850,000 CBA# Contact Mike Kent or Jeff Johnson (360) Front St, Lynden - PRICED TO SELL BELOW ASSESSED VALUE 1.65 acres zoned CS2 with a small house. The property is located at the entrance to Lynden on Front Street and can accommodate a variety of uses. The home has rented for about $1,000 per month in the past. The house is currently hooked up to a septic system but the sewer runs in front of the property on Front Street. $429,900 CBA# Contact Jeff Johnson (360) Guide Meridian, Lynden - Great Commercial Guide Meridian frontage property in Lynden. Almost 10 acres for CS2 Commercial zoning use. Great for a strip mall, Motel, and a host of commercial uses. In excess of 25,000 cars per day makes this an awesome location. Call the listing agent for more details. $2,900,000 CBA# Contact Lester Van Mersbergen (360) Grandview Rd, Ferndale - Five level acres just off Grandview Road Exit 266 priced below assessed value. Property is situated between I-5 Business Park to the west and 2010 Grandview Road that was recently rezoned to General Business to the east. Current zoning is Regional Retail with highest and best use being rezoned to General Business. $200,000 CBA# Contact KC Coonc or Ryan Martin (360) XX Kass Rd, Ferndale - Potential Mount Baker view with easy access to I-5. $350,000 CBA# Contact Bill Henshaw (360) Grandview Rd, Ferndale - The purchase price of this special property includes the old Delta Grange building on the property or removal of said building at sellers expense. A portion of the old Delta Road is being vacated and also included in the purchase price. Current zoning of this two acre property is light industrial with a wide variety of allowed uses. It is located at the intersection of Grandview and Vista with an ever increasing traffic flow making it a desirable high visibility site. $495,900 CBA# Contact John Templeton (360) Kelly Rd, Bellingham - 6 acres of light industrial property just off Guide Meridian at the Kelly Rd. Septic permit approved, storm water permit & fill & grade approved & City of Bellingham waterline approved choice of a 8 or 12 inch water line. In city of Bellingham annex area. Great for manufacturing. Warehouse, mini storage, show room, natural gas on Kline Rd can service property, 3 phase power in street at Kelly. Wetlands delineation approved. $850,000 CBA# Contact Kevin Geraghty (360) Grandview Rd, Ferndale - High visibility regional retail site with over 2,000 of I-5 frontage. Located in the NW quadrant of Grandview & I-5 exit #266; the property is an ideal site for a truck stop. This 26.6 acre development site is level, cleared, and ready to go. Great opportunity to purchase property at a value before the City of Ferndale extends the sewer line to property. Site has water, gas, and electricity in the street. Ferndale will allow certain commercial uses on a septic system. Call to discuss options. $3,012,610 CBA# Contact KC Coonc or Ryan Martin (360) Windermere Commercial Whatcom County (360) Page 13 Windermere Commercial Whatcom County (360) Page 14