Business Blog

Ferndale property up for auction

A Ferndale property is being auction off through a sealed bid process.

The Crown Court commercial condo development project on 6046 Portal Way is available for bid. The project plans are for seven condominium office buildings on a little more than 5 acres of land. Two buildings have already building, with one building not being a part of the sale.

The published reserved price for the property is $475,000. The property went through a auction bid process in May 2011; at that time the reserve published price was $900,000.

Sealed bids are due at 5 p.m. on Wednesday, May 21. It is being handled by Realty Marketing/Northwest of Portland, Ore. For details ab out these and other properties, visit