Listing provided courtesy of Lifeline EquityNWMLSas Distributed by MLSGrid- MLS# NWM2480140MLS Provider

549 Cherry StreetBlaine, WA 98230

Commercial · 0.24 Acres
$899,900 Pending

549 Cherry Street Overview

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What an Opportunity to own an income-producing property in the heart of Blaine! The Peace Arch Montessori has been a staple Daycare Business in Blaine for over 15 years and has capacity to care for approximately 50 children. The house and school building are both included in the purchase and are both tenanted. The rent for the entire property is $7,000/month including all utilities with an opportunity for additional income via a profit share agreement with the tenant. Both house and school buildings are in very good shape with minimal upgrades needed.

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549 Cherry Street Facts & Features

  • Type Commercial
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 3211
  • Gross Scheduled Income: 7000
  • Insurance Expense: 3935.4
  • Water/Sewer/Garbage: 6219

Building Information

  • Year Built: 1954

Location/Region

  • Country: US
  • County Or Parish: Whatcom
  • MLS Area Major: 880 - Blaine/Birch Bay
  • Subdivision Name: Blaine

Tax Information

  • Tax Annual Amount: $5,335.13
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 4001060533830000
  • Possible Use: Commercial,Residential
  • Property Condition: Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 5218
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.24
  • Lot Size Square Feet: 10454
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Stucco
  • Number Of Units Total: 0
  • Sewer: Sewer Connected

549 Cherry Street Neighborhood

Community

98230 (Blaine) Demographics

46
Median Age
371
Population Density (per sq. mile)
40%
College Educated
$69,060
Estimated Median Income
5,628
Estimated Total Home Owners
1,878
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

549 Cherry Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

549 Cherry Street Market Data

Based on the last 30 days in this zip code

$727,721
Average List Price
$365
Average Price per Square Foot
42
Properties Sold
84
Average Days on Market
317
Properties for Sale
Calculations provided by Reliance Network

549 Cherry Street History

Date Event Value Agent
4/11/2026Source: NWMLS Status Change
Pending
3/4/2026Source: NWMLS Price Reduction
$899,900 -5.3%
2/14/2026Source: NWMLS Added to Database
February 14, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021