1621 Freeway DR Active

Mount Vernon,WA 98273

$ 1299000

0 Bed

0 Bath

0 SqFt


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

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

Exterior

Exterior Feature Cement/Concrete

Roof Type Composition

Building

Sewer Sewer Connected

Water Community

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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