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408 Edson Street, Lynden, WA, 98264

2beds
1baths
863sqft
$449,000
$520price/sqft
$2,775/moest. monthly cost
$111,000/yrincome needed

About This Home

Unique mixed-use opportunity in a prime location in Lynden. This versatile property features a 40' x 36' commercial shop on Main Street with excellent access and visibility, plus a separate two-bedroom, one-bath home that offers strong rental income potential or comfortable owner occupancy.The commercially zoned shop was originally designed as a 3-bay space. One overhead door was removed to create a dedicated office area, but the door could easily be reinstalled if desired. The shop is heated, includes its own bathroom, and is well suited for a business, contractor space, office, storage, or multiple commercial uses.The detached home provides additional flexibility as a rental property, live/work setup, or owner residence. The current owner has successfully rented the home and shop separately, creating multiple income streams. With strong income potential, commercial zoning, and a highly desirable Main Street location, this is a rare investment opportunity with an attractive CAP rate and long-term upside. Across the street from the old Lynden High School on Main.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

6/10
Fisher Elementary SchoolGrades K-50.6 mi
5/10
Lynden Middle SchoolGrades 6-82.0 mi
6/10
Lynden High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1895

Materials

  • Roof: Composition
  • Construction materials: Cement/Concrete,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Entry Hall

  • Level: Main

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Baseboard,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 863
  • Total interior livable area: 863 sqft

Living Room

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 4003202154180000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Fireplace
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level

Lot

  • Lot size: 7,405 sqft
  • Features: Curbs,Paved,Sidewalk,Cable TV,Gas Available,Shop

Parking

  • Total spaces: 3
  • Parking features: Driveway
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Ice Storm
Cold Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in Whatcom County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,270$27,240
Home Insurance *$86$1,032
Property Taxes $270$3,240
Electricity $149$1,793
Total$2,775$33,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,142/yr
40% on housing$83,250/yr
45% on housing$74,000/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.8%
3.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$520This listing

vs Other Active Listings

Avg $/sqft

ZIP 98264$307
Whatcom County$301

vs Homes Sold Last Month

Median $/sqft

ZIP 98264$321
Whatcom County$335

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$425,000
2026-07-13Price change$449,000
2026-06-25Price change$460,000
2026-06-02Listed for sale$499,000
2022-03-11Sold$432,500
2015-08-28Sold$220,000
2015-07-16Pending sale$229,900
2015-07-10Listed for sale$229,900
2015-06-30Pending sale$229,900
2015-04-16Price change$229,900
2015-03-05Listed for sale$239,900

For Sale by Agent

AgentDuane I. VanderYacht
BrokerageWindermere RE Whatcom, Inc.

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