21
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Listed by Torre Realty
$1,299,000
Est. payment /mo
0.27 Acres Lot
Active
1621 Freeway DR Mount Vernon, WA 98273
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Mount Vernon
MLS Listing ID 2379823
Style 60 - Comm Bldg Und 10K
Year Built 1984
Annual Tax Amount $9,338
Lot Size 0.268 Acres
Lot Dimensions 116 x 100
Property Sub-Type Commercial Industrial
Property Description
This exceptionally well-maintained commercial property presents a rare investment opportunity with strong cash flow and a solid rental history. Conveniently located just off I-5, it offers excellent visibility and easy access. The fully occupied office building with stable, long-term tenants, additionally 13 storage units remain consistently rented with a waitlist—underscoring strong demand. Additional upside potential comes from virtual office rentals that include access to a shared conference room. With an impressive 8% cap rate and multiple income streams, this is a turn-key asset in a prime location. Don't miss out!
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Flooring Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Roof Type Composition
Building
Sewer Sewer Connected
Water Community
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.