WA > Mount Vernon > Downtown
Mount Vernon, WA 98273,1331 S 2nd ST
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Mount Vernon, WA 98273,1331 S 2nd ST
Mount Vernon, WA 98273,1331 S 2nd ST
Mount Vernon, WA 98273,1331 S 2nd ST
Mount Vernon, WA 98273,1331 S 2nd ST
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ONE Real Estate

ONE Real Estate

+1(360) 201-0908
Listed by Real Estate 2000 Inc.
$ 1,100,000
Est. payment /mo
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Active

1331 S 2nd ST Mount Vernon, WA 98273

0.32 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2151553

Style 60 - Comm Bldg Und 10K

Year Built 1939

Lot Size 0.316 Acres

Property Sub-Type Commercial Industrial

Property Description

Rare 18% Cap Rate – High-Yield Mixed-Use Property In Downtown Mount Vernon. This Is A Prime Opportunity To Own A Fully Leased, Multi-Use Investment With Three Diverse Income Streams In One Well-Maintained Building. Raise The Net Income By Running The Store Yourself! Lots Of Potential! Situated On A 13,769 Sq.Ft. Lot, This 2,612 Sq.Ft. Property Includes A Convenience Store, A Leased Mexican Restaurant ($2,200/Month), And A Rental Apartment ($1,000/Month). Upgrades Feature A Commercial-Grade Kitchen And Sanitation Room. Exceptional Visibility With Over 10,000 Vehicles Passing Daily, Plus Strong Signage Presence. Located In Mount Vernon's Vibrant Downtown Corridor, This Asset Offers Stability, Cash Flow, And Long-Term Growth Potential.

Location

State WA

County Skagit

Area 835 - Mount Vernon

Interior

Fireplace false

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Virtual Tour https://www.tourfactory.com/idxr2959966

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
agent

ONE Real Estate

Broker

+1(360) 201-0908

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