Property Details
549 Cherry Street
Blaine, WA 98230
$899,900
Pending
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Property Overview
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.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Pending
County
Whatcom
Neighborhood
Blaine
Listed
Feb 14, 2026
Original Price
$949,900
Financial Summary
Cap Rate
6.00%
Gross Scheduled Income
$7,000
Building & Use
Building Sq Ft
5,218
Zoning
Commercial,Residential
Possible Use
Commercial, Residential
Lot Size
10,454 sqft
Year Built
1954
Exterior & Lot
Lot Size
0.24 sqft
Year Built
1954
Exterior Materials
Stucco
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Stucco
Location
City
Blaine
County
Whatcom
Coordinates
48.98936, -122.74593
Additional Information
Tax Year
2024
Annual Taxes
$5,335
Possession
Array
Based on information submitted to the MLS GRID as of April 14, 2026 6:35 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
