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Listed by Torre Realty Elena Pike
$ 1,275,000
Est. payment | /mo
0.27 Acres Lot
$ 1,275,000
Est. payment | /mo
0.27 Acres Lot
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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Angie Sherman
Licensed REALTOR | Client Consultant