Our Office Locations Windermere Bellingham Windermere Birch Bay Blaine Windermere Fairhaven Windermere Lynden

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1 Our Office Locations Windermere Bellingham 515 W. Bakerview Rd Bellingham, WA February 2016 WINDERMERE COMMERCIAL PROPERTIES Whatcom County (360) wrecommercial.com 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 638 Peace Portal Drive, Blaine Listed by Mike Kent Information on Page 24

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) Mike Hinkle, CCIM (360) Jeff Hopwood (360) Jeff Johnson (360) Kirby Jones (360) Jim Kaemingk (360) Mike Kent (360) Table of Contents Buildings For Sale Pages 2-6 Vacant Land For Sale Page 8-18 Mike Kingsley (360) Jason Loeb (360) Ryan Martin (360) John Mitzel (360) Michael P. Reams (360) Jon Soine (360) Lyle Sorenson (360) Karen Timmer (360) John Templeton (360) Lester Van Mersbergen (360) 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 4819 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. 1.2 $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 $208,000 CBA# Contact Mike Kent (360) B St, Blaine & 2075 Vista Dr, Ferndale - 50 Units HUD subsidized senior housing combined property sale. Property is for independent seniors & is not an assisted living facility. 100% leased w/ HUD leases w/ audited financials. Both properties have been inspected and upgraded within the last 12 months including, roofs, siding, gutters, and much more. The HAP program these properties are in requires the owner, manager, & lender be HUD approved. There is HUD approved lender & management proposal in place and ready to go. $3,000,000 CBA# Contact KC Coonc or Ryan Martin (360) Birch Bay-Lynden Rd, Lynden - Birch Bay`s most important commercial corner at Harborview and Birch Bay Lynden Rd. Located directly across from waterslides. Zoned resort commercial. Ideal for variety of retail or professional office uses. Value is primarily in land but existing structure has had tenant for a number of years. High traffic corner. Location, location, location. $850,000 CBA# Contact Mike Kent (360) Windermere Commercial Whatcom County (360) Page 25 Windermere Commercial Whatcom County (360) Page 2

4 BUILDINGS: FOR SALE 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) Guide Meridian, Bellingham - Located off of Guide Meridian in retail corridor. Lots of power. Land available for additional buildings. Close to Whatcom Community College, Bellis Fair Mall, Costco and Bellingham Athletic Club. Whatcom Transportation nearby. Bays include 7,500sf 12,000sf 9,000sf 13,500sf. Lots of parking, yard space. Fiber Optics in building. Could possibly be sold as Condos. $5,100,000 CBA# 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 Kevin Geraghty, CCIM (360) Guide Meridian Rd, Lynden - Perfect location commercial property in Lynden feet Guide Meridian Frontage, just under 4.5 total acres, retail and shop space. Easy access in and out and access from Duffner Dr. Very high traffic area with great visibility. $3,000,000 NWMLS # Contact Jason Loeb (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 Mike Hinkle, CCIM (360) Contact Jason Heutink (360) Iron St, Bellingham- Modernized professional office building in Sunnyland that has retained its turn of the century charm. Ideal location for a growing business to set roots and lease offices. Built in 1905 and in 2008 with waiting area, ADA restroom, and 4 offices added. Building features 10 separate offices, kitchen, 3 restrooms, common area waiting/reception area, alarm, client notification, & voic systems installed. 700 SF dry basement for storage. 7 onsite parking spaces plus available on-street spaces. $597,000 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 BUILDINGS: FOR SALE 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. $2,300 MO NNN CBA# Contact Travis Fox (360) Kelly Rd, Bellingham - Over 50,000 square foot building. 6 acres of light industrial property just off Guide Meridian at the Kelly Rd. Septic permit approved, storm water permit & fill & grade, wetlands 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) 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) 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. $500,000 CBA# Contact Kevin Geraghty (360) Meridian St, Bellingham - Turn-key Auto Body Paint Shop with established name and business. $375,000 CBA# Contact David Hovde (360) Information Provided by CBA on December 28, 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) 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) Windermere Commercial Whatcom County (360) Page 23 Windermere Commercial Whatcom County (360) Page 4

6 BUILDINGS: FOR SALE BUILDINGS: FOR LEASE Stonegate Way, Ferndale - FOR LEASE! Brand New 20,000 Sq ft Free Span steel 834 Old Samish Way, Bellingham - Welcome to Hidden Valley Mobile Home Park! This 8 unit rental property has many recent upgrades. Brand new well and septic system means low utility costs for the tenants and no maintenance for a long time. There are 7 mobiles and 1 home situated on this 1.32 acre piece of land. Fantastic location with a very private feel yet close to downtown Fairhaven and I5. Great long term tenants with a high cap rate should make for a quick sale. Recently appraised above list price! $545,000 CBA# Contact Travis Fox (360) 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. $0.60 NNN CBA# Contact Mike Kinglsey (360) Peace Portal Dr, Blaine - Outstanding character building conveniently located in downtown Blaine. Most recently used as an office but has potential for retail, coffee shop, nail salon, and much more! Bring your creativity! Located across from Drayton Harbor with beautiful views of the water and marina. Only blocks to I-5 and the Canadian Border. Priced to sell. $249,900 CBA# Contact Wynden Holman (360) XX Stonegate Way, Ferndale - TO BE CONSTRUCTED 16,260 SQFT of light industrial steel warehouse building in close proximity to a full exchange off I-5 (Slater Road Exit) within the Stonegate Industrial area in Ferndale, WA. 24 eves, free span, heavy 3 phase pwr, sprinkled, dock high and grade level loading, utilities in slab, 1000 SQFT of vanilla shell open office, light structural mezz, lighting package installed, sprinklers installed, 2 single bathrooms Male/ Female. On street parking for semi-trucks associated with this property. $0.60 NNN CBA# Contact Mike Kinglsey (360) Squalicum Way #107, Bellingham - Condo Office/Retail/W/H units W/Mez. Superb location close to waterfront, downtown and I-5, next to park. Radiant heated floors, security gate system (6pm-7am and Sundays)storefronts, radiant heated floors. $241,250 CBA# Contact Jason Loeb or Mike Hinkle, CCIM (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. $9.50 SF NNN CBA# Contact David Hovde or Jay Reilly (360) Squalicum Way # 103 &122, Bellingham- Excellent condo units - office/retail/warehouse space close to Bellingham waterfront next to Squalicum Creek Park with quick access to I-5. Mezzanine has 5 offices with conference room and warehouse below. Warehouse has radiant heated floors. 16` wide and 14` high roll-up door. Will lease space for $2,400nnn month 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. $529,000 CBA# Contact Jason Loeb or Mike Hinkle, CCIM (360) $9.64 SF NNN CBA# Contact David Hovde or Jay Reilly (360) Squalicum Way #106, Bellingham Condo Office/Retail/WH W/mezzanine in Superb Location near Bellingham waterfront, I-5 downtown and next to Squalicum Cr. Park. Storefronts, radiant heat, internet access 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 $335,000 CBA# Contact Jason Loeb or Mike Hinkle, CCIM (360) $9.64 SF NNN CBA# Contact David Hovde or Jay Reilly (360) Squalicum Way # 105, Bellingham - Condo Office/Retail/WH W/mezzanine in Superb Location near Bellingham waterfront, I-5 downtown and next to Squalicum Cr. Park. Storefronts, radiant heat, internet access $339,000 CBA# Contact Jason Loeb or Mike Hinkle, CCIM (360) Vista Drive, Ferndale Suite 100B - 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. $9.64 SF NNN CBA# Contact David Hovde or Jay Reilly (360) Windermere Commercial Whatcom County (360) Page 5 Windermere Commercial Whatcom County (360) Page 22

7 BUILDINGS: FOR LEASE E Maple St, Bellingham - At Gateway Centre Executive Suites, they have built all of the features into the monthly rent, by bundling all the services they make it cheaper for you and your business. This way you're not caught off guard by surprise expenses that you might not have initially budgeted for. Start or grow a business worry free on your end, let them take care of the minor details so that you can work on your business - and grow with confidence. $ CBA# Contact Ethan Potts (360) BUILDINGS: FOR SALE State Route 20 - I-502 development site with 3-Phase Power, Water and I-502 compliant zoning. Located in Skagit County, this property is approximately 9 acres of flat and usable land that comes equipped with a 6,000 SF warehouse and a security gate. Cash offers are encouraged, however, seller financing is offered at a 5.5% interest rate, 5 year term and a minimum down payment of $200,000. Take advantage of this great opportunity to own a turn-key I-502 property that is private and easily accessed from I-5. $500,000 CBA# Contact Michael Reams, KC Coonc, Ryan Martin (360) Meridian, Bellingham - High traffic location with ideal exposure to the major retail corridor in Whatcom County. $18-21 NNN CBA# Contact Jeff Johnson (360) 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. $2,000,000 CBA# Contact Mike Kingsley (360) Meridian St, Bellingham - Prime restaurant across the st from Walmart over 30,000 cars a day of traffic on Meridian just north of Bellis Fair Mall $14.00 /Modified Gross CBA# Contact Kevin Geraghty, CCIM (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. $1,150,000 CBA# Contact Jeff Hopwood (360) Peace Portal Dr, Blaine - Brand new 2nd story executive office space in heart of downtown Blaine. Minutes to US / Canadian Border. Near I-5 on and off ramps with views of beautiful Blaine Harbor and Gulf islands. High traffic exposure and front and back entrances with ample parking both on and off street. Very competitive Gross lease includes heat, water, sewer and electricity. Ideal for professional office i.e. attorney, accountant, physician, brokerage etc. From 186 SF to 1249 SF sized spaces. Over 3000 feet of combined space currently available. $9.00 SF/ NNN CBA# Contact Mike Kent (360) Vista Dr #101, Ferndale- Ideally located on the corner of Vista Drive and 4th Ave in downtown Ferndale. Close to restaurants, essential services including US Post Office and Civic buildings. Previous tenants included ReMax of Ferndale and Edward Jones Investments. Building remodel completed in Commercial condos available separately or together. $300,000 CBA# Contact David Hovde or Jay Reilly (360) Old Fairhaven Pkwy, Bellingham - Anchored by the Whatcom Farmers Co-op True Value, the Fairhaven Shopping Center is an ideal location for QSR and neighborhood services with good visibility and pylon signage available. Available suites range in size from 1,500 SF up to a 3,000 SF standalone with drive thru potential. This 50,000 GLA neighborhood center is located directly off I-5 Exit 250 on the south side of Bellingham. Old Fairhaven Parkway is the main thoroughfare connecting Fairhaven, Chuckanut, and Edgemoor to I-5 at Exit 250. $ NNN CBA# Contact Ryan Martin or KC Coonc (360) Vista Dr #102, Ferndale- Ideally located on the corner of Vista Drive and 4th Ave in downtown Ferndale. Close to restaurants, essential services including US Post Office and Civic buildings. Previous tenants included ReMax of Ferndale and Edward Jones Investments. Building remodel completed in Commercial condos available separately or together. $319,900 CBA# Contact David Hovde or Jay Reilly (360) E Stuart Rd, Bellingham - Last spot in newer strip. Counter adjacent to Bev Mo. 3 year minimum term. $20.00 NNN CBA# Contact Bill Henshaw (360) Vista Dr #101 & 102, Ferndale- Ideally located on the corner of Vista Drive and 4th Ave in downtown Ferndale. Close to restaurants, essential services including US Post Office and Civic buildings. Previous tenants included ReMax of Ferndale and Edward Jones Investments. Building remodel completed in Commercial condos available separately or together. $549,900 CBA# Contact David Hovde or Jay Reilly (360) Windermere Commercial Whatcom County (360) Page 21 Windermere Commercial Whatcom County (360) Page 6

8 BUILDINGS: FOR LEASE Dupont, Bellingham - Terrific new construction in the new old town urban village area to be constructed and finished in April 2015 This space is 1,100 square feet and can be demised down to 542, or any combination in increments of roughly 540 square feet. 94 feet of frontage along Dupont. Customization available during construction phase of project so call now. Suites are on main floor with 20 upscale residential units above. $16.00 Mod Gross CBA# Contact Jason Loeb (360) Front St, Lynden - The Waples Mercantile project is a complete remodel of a 100 year old Nationally Registered Historical Place. 9,571 sq ft of mixed use of retail and restaurant space. The location is a prime downtown Lynden retail corner 5th Street and Front Street. Individual leases can be divided into smaller spaces of 366 sq ft. The Inn at Lynden is anchor tenant. This is a 35 room boutique Inn to occupy the second floor of the building. Several leases are already in place in anticipation of November 2015 occupancy. $ NNN CBA# Contact Jeff Johnson (360) 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 or Mike Hinkle, CCIM (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) King Street, Bellingham King St Office Space. 1,301 SF of Clean Office Space, centrally located near I-5, with good parking. This office suite has three offices and a large common area, quiet neighbors and a competitive rate. $9.27 SF NNN CBA# 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. $ SF/ NNN CBA# Windermere Commercial Whatcom County (360) Page 7 Contact Kirby Jones (360) Contact Lyle Sorenson (360) Windermere Commercial WhatcomCounty (360) Page 20

9 BUILDINGS: FOR LEASE VACANT LAND: FOR SALE 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) st Ave, Ferndale - Prime property in downtown Ferndale adjacent to the riverwalk. Beautiful views of the river and Mt. Baker. Zoned downtown commercial. Perfect apartment complex and or mixed use. Three parcels to work with. Great location for condo/apartment site looking over the river. Walking distance to downtown restaurants, parks, ball fields and other amenities. Easy access to I-5. Drawings for possible use available. City center zoning allowing for a variety of uses. $850,000 CBA# Contact Jim Kaemingk, Jr (360) rd Ave, Ferndale - Formerly Guido`s Italian restaurant, this space is now available in Pioneer Center on 3rd Ave in Ferndale. This space has a full kitchen set up with a recently installed hood. Tons of parking and great access in this retail center anchored by Christ the King Ferndale. $6.00 SF/ NNN CBA# Contact Jason Loeb (360) Xx 4th Street, Ferndale - Excellent location in the heart of Ferndale. Across from City Hall. $118,500 CBA# Contact Bill Henshaw (360) W Champion St, Bellingham - Lease opportunity in a professional building. Close proximity to Courthouse, City Hall, restaurants, coffee shops, shopping, etc. Would be great for a law office, CPA office, or any other professional use! 4 private offices. Slate tile entry area. Kitchen/copy storage area. Large open work area. 1 private restroom and common restrooms. Extensive wood trim throughout. 8' solid wood doors. Comes with 1 parking stall in parking lot with shared customer parking. Comcast, fiber or Century Link ready usable SF 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. Cash sale preferred- Seller terms. $10.06 SF/ NNN CBA# Contact Ethan Potts (360) $345,000 CBA# Contact Leigh Freeman or Jim Kaemingk (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 $590 Mo / Gross CBA# Contact Ethan Potts (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) 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 Birch Bay Drive, Birch Bay - Prime corner lot in heart of Birch Bay on Terrell Creek just in front of the C" Shop. Plans already drawn for condo project or resubmit for your own plan for this high profile corner." $128,000 CBA# Contact Mike Kent (360) $14.00SF NNN CBA# Contact Jason Loeb (360) Cornwall Ave, Bellingham - Available Space 4,528 Sq Ft. Fantastic location close to restaurants and Courthouse. Great street visibility on Cornwall Avenue. Large reception & conference room area with 5 offices Birchwood, Bellingham - Property located near St. Joseph Hospital has great development potential with lake frontage. $10.75 NNN CBA# Contact Mike Hinkle, CCIM (360) $8,000,000 CBA# Contact Jason Loeb or Mike Hinkle, CCIM (360) Windermere Commercial Whatcom County (360) Page 19 Windermere Commercial Whatcom County (360) Page 8

10 VACANT LAND: FOR SALE 210 Birchwood Ave, Bellingham - Property located near St. Joseph Hospital has great development potential with lake frontage. $1,400,000 CBA# Contact Jason Loeb or Mike Hinkle, CCIM (360) Blaine Rd, Blaine - Level 3 lot plat in prime area of Birch Bay with access to main arterials including Birch Bay Lynden Rd, I-5, etc. Lots 1,2 & 3 to be sold as one unit. Zoned General Commercial and located in one of Washington`s fastest growing communities. $650,000 CBA# Contact Mike Kent or Jeff Johnson (360) VACANT LAND: FOR SALE Stonegate Way, Ferndale - TO BE CONSTRUCTED 16,260 SQFT of light industrial steel warehouse building in close proximity to a full exchange off I-5 (Slater Rd Exit) within the Stonegate Industrial area in Ferndale, WA. 24 eves, free span, heavy 3 phase pwr, sprinkled, dock high and grade level loading, utilities in slab, 1000 SQFT of vanilla shell open office, light structural mezz, lighting package and sprinklers installed, 2 single bathrooms Male/Female. On street parking for semi-trucks associated with this property. $1,500,000 CBA# Contact Mike Kingsley (360) Vista Drive, Ferndale - The property described here is in two parcel #`s and includes a one acre farmstead with numerous outbuildings. The property is potentially available in two parcels of buyer`s choosing via a lot line adjustment. Total acreage is approximately 45 acres. Several studies have been completed that are available upon request including: Wetland/Geo/topo. The property is in the Ferndale UGA and utilities are available to the property including a power supply large enough to power any industrial use. $4,900,000 CBA# Contact John Templeton (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. $1,600,000 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) Cherry St, Sumas - Located in Sumas, this is a great commercial property that is zoned Business District General, BG. This highly visible property is conveniently positioned on a corner lot that is flat and would be ideal for retail, office, or other commercial development. In addition to the many commercial opportunities, this property has a cute 1,660 SF home with 3 BR, 1 full BTH and comes equipped with an updated kitchen, hardwood floors, a wood burning stove and more! $199,000 CBA# Contact Michael P. Reams (360) 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) Windermere Commercial Whatcom County (360) Page 9 Windermere Commercial Whatcom County (360) Page 18

11 VACANT LAND: FOR SALE VACANT LAND: FOR SALE 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 - Excellent parcel of industrial acreage. Property slopes to road. Good freeway access. All weather road. $3,114,500 CBA# Contact Bill Henshaw (360) $690,000 CBA# Contact KC Coonc or Ryan Martin (360) 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 Delta Ring Rd, Lot #4, 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 al all weather heavy haul road situated on a full exchange off I-5, county jurisdiction. $599,000 CBA# Contact Mike Kent (360) $160,824 CBA# Contact Mike Kingsley (360) Sapphire Trail, Bellingham - Potential for multiple spectacular view homesites. Approx 22 acres. Just minutes from Bellingham. 4 individual parcels with views from some of saltwater, West Whatcom County and Canadian Mtns. This is an estate sale priced to move and buyer to complete feasibility and seller to provide reasonable time to do so. Unique opportunity. Owner financing possible. $179,000 CBA# Contact Mike Kent (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. $179,141 CBA# Contact Mike Kingsley (360) Semiahmoo Parkway, Blaine - Beautiful development acreage at door step to Semiahmoo Spit, Hotel & Resort. Community referred to as "Zone 3" and site of Semiahmoo Resort Village proposed master plan, "Burnside Village" portion. Potential retail, multi-family or single family residences. Strategically located in heart of Semiahmoo and only 15 minute drive to I-5, US/ Canada Border & two International Airports under 1 hour. In path of progress. Take Semiahmoo Pkwy to 4-way stop at convergence of Semiahmoo Dr and Drayton Harbor Rd $650,000 CBA# Contact Jeff Johnson or Mike Kent (360) 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 multi-purpose development site in region. $9,800,000 CBA# Contact Mike Kent or Jeff Johnson (360) E Stuart Rd, Bellingham - Excellent location adjacent to Wal-Mart off of Meridian. High traffic location. Site is compacted to 95% according to BAS development services. No wetlands. Planned commercial, retail, office. $395,000 CBA# Contact Bill Henshaw or Mike Hinkle (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) Delta Ring Rd, Lot# 1, 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. $195,489 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) Windermere Commercial Whatcom County (360) Page 17 Windermere Commercial Whatcom County (360) Page 10

12 VACANT LAND: FOR SALE VACANT LAND: FOR SALE Delta Ring Rd, Lot #19, 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 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. $7,875,000 CBA# Contact Bill Henshaw (360) $346,224 CBA# Contact Mike Kingsley (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 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. $195,000 CBA# Contact Jeff Johnson or Mike Kent (360) $223,907 CBA# Contact Mike Kingsley (360) Delta Ring Rd, Lot #14, 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 al all weather heavy haul road situated on a full exchange off I-5, county jurisdiction. $179,510 CBA# Contact Mike Kingsley (360) Peace Portal Drive, Blaine - Water views from this prime downtown retail/condo site in the heart of Blaine central business district. Incredible vistas of Drayton Harbor, Semiahmoo Spit and marina. Location, Location, location only trumped by its remarkable price. $650,000 CBA# Contact Mike Kent (360) Delta Ring Rd, Lot # 16, 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. $217,735 CBA# Contact Mike Kingsley (360) Peace Portal Drive, Blaine - Amazing marina & bay views from this choice commercial property made up of 3 parcels. Lots 7, 8, & 9 near boardwalk and in heart of business district. Multitude of opportunities including retail, office, water view condominiums or all three. Excellent location, investment and priced to sell. Call listing agent for package. $365,000 CBA# Contact Mike Kent (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 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. $295,000 CBA# Contact KC Coonc or Ryan Martin (360) $2,415,000 CBA# Contact KC Coonc or Ryan Martin (360) X 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) 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) Windermere Commercial Whatcom County (360) Page 11 Windermere Commercial Whatcom County (360) Page 16

13 VACANT LAND: FOR SALE VACANT LAND: FOR SALE E Main St, Ferndale- Prime mixed use development site located on Ferndale`s east side. 57 of the 83 acres are usable. Approved as Pioneer Plaza in Permits have subsequently expired. All utilities are to the site, easy on and off I-5. 5 minutes to Bellingham, 12 minutes to Canada and 6 minutes to Bellingham International Airport 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. $4,995,000 CBA# Contact Bill Henshaw (360) $295,000 CBA# Contact KC Coonc or Ryan Martin (360) Main St, Ferndale - 60k sq ft of premium commercial development site right off I-5 on Main Street in Ferndale. Mixed Use Commercial Zoning allows broad range of uses such as hotels, restaurants, or strip center for the entire lot. Subdividing the property into more than one lot would support quick serve restaurants, micro brewery, financial intuitions, along with many other possibilities. Traffic count will further increase when Walmart opens. 3.6 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. $1,140,000 CBA# Contact KC Coonc or Ryan Martin (360) $975,000 CBA# Contact Mike Kent or Jeff Johnson (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) Dumas Ave, Bellingham acres zoned RS! One of City of Bellingham's largest undeveloped parcels! Located in the desirable and convenient Samish neighborhood. Predevelopment site analysis shows a maximum of 111 SFR units. The property has western exposure and some bay views. A recent wetland delineation has been completed and is available as well as a recent pre-development site analysis. Zoned RS...use is designated forest. $1,995,000 CBA# Contact Mike Kent or Chet Kenoyer (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. $500,000 CBA# Contact Kevin Geraghty, CCIM (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. $215,000 CBA# Contact KC Coonc or Ryan Martin (360) Mountain View Rd, Ferndale - Multi-family site in close Ferndale location. Wetland Delineation and mitigation have been completed. Zoning allows for up to Approximately 110 units. $600,000 CBA# Contact Jeff Johnson or Kirby Jones (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) Newkirk Rd, Ferndale - This 200 plus unit building site is on 8.82 acres of flat and developable land that is zoned multifamily RM 1.5. Located in the city of Ferndale, this property is easily accessed off of I-5 and has stunning views of Mount Baker. The soil feasibility study and wetland mitigation have been completed and this property comes with marketable timber. This property is ideal for duplexes, triplexes, quadplexes and other high density multifamily development 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 $413,900 CBA# Contact Michael P. Reams (360) $500,000 CBA# Contact Kevin Geraghty, CCIM (360) Windermere Commercial Whatcom County (360) Page 15 Windermere Commercial Whatcom County (360) Page 12

14 VACANT LAND: FOR SALE VACANT LAND: FOR SALE Guide Meridian, Lynden - Prime general commercial site within Lynden city limits at SW edge of town on busy Guide Meridian. High traffic location ideally suited for major retailer, business offices, shopping center & much more. Great sandy loam soil. Generous 5.64 acre easy to develop site. Recent widening of Guide delivers increasing number of vehicles to boost business success. Adjacent to Lynden`s primary retail center 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. $2,000,000 CBA# Contact Mike Kent or Jeff Johnson (360) $800,000 CBA# Contact Kevin Geraghty, CCIM (360) 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) 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) 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 - 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) Home Lane- Pad ready 1.3+ acre restaurant site in front of brand new Hilton Hotel-Home2 Suites, across the street from a brand new Marriott SpringHill Suites and TownePlace Suites and one block away from a brand new LaQuinta-over 400 rooms are walking distance! Huge Starbucks 1 blk away. A brand new 200,000 SF Costco plus an additional 200,000 SF of brand new retail about 2 blocks away will be opening soon! See aerial location map for detail. 100 yds from I-5! Poss build to suit w/lt lease 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 $1,450,000 CBA# Contact Jeff Hopwood (360) $500,000 CBA# Contact Kevin Geraghty, CCIM (360) Horton Rd, Bellingham - Approximately acres of high traffic Light Industrial Land within the established and well located Cordata Business Park. The Property has a wetland mitigation plan approved that provides for approximately 2.14 acres of wetlands to be filled which would create an approximate 7.9 acres of contiguous property for development. Light Industrial product is in demand and this piece could be used for a variety of uses. $1,400,000 CBA# Contact Jeff Johnson (360) Lakeway Dr, Bellingham - High visibility commercial development site in the core of Bellingham. This is an approximately 6,500 SF lot that offers great signage and has a 26,000 average daily traffic count. Currently, this property is a paved parking lot, however, the opportunities are endless as this would be an ideal location for retail, office and other commercial development. This property is easily accessed from I-5 and is in close proximity to Fred Meyer, restaurants, shopping, hotels (etc.) $375,000 CBA# Contact Michael P. Reams (360) XX Kass Rd, Ferndale - Potential Mount Baker view with easy access to I-5. $350,000 CBA# Contact Bill Henshaw (360) 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. $1,950,000 CBA# Contact Jeff Johnson (360) Windermere Commercial Whatcom County (360) Page 13 Windermere Commercial Whatcom County (360) Page 14