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Listed by:Torre Realty • Elena Pike

$1,270,000

Est. payment - /mo

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0.27 Acres Lot

Active

1621 Freeway DR Mount Vernon, WA 98273

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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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, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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