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720 W Division Street

Mount Vernon, WA 98273
  • $699,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 1865671
UPDATED: 127 min ago
$699,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Listing Courtesy of Dave Nelson Real Estate.

Description

Single Story Mid Century Brick Commercial Building with plenty of street parking on busy W Division St. Long time Tenant of 17 years. Building has 3 meters for 3 different tenants. Recently updated HVAC. Newer torchdown roof with 9 years left on the warranty. Current owner will sign 5 year lease of the 3rd unit. 2018 Traffic studies show 18,000 vehicles on W Division St per day. This building is an excellent investment at a 9% cap rate. Tenants pay all taxes, insurance, maintenance, and utilities.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Snow Group at The Preview Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-01-17T00:14:06.087.

www.jeffsnowgroup.com/homes/123366625
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720 W Division Street Mount Vernon, WA 98273

  • Price: $699,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 127 min ago
  • ID#: 1865671
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1963
Built
Neighborhood:
Mount Vernon
County:
Skagit
Area:
Mount Vernon
Property Description
Single Story Mid Century Brick Commercial Building with plenty of street parking on busy W Division St. Long time Tenant of 17 years. Building has 3 meters for 3 different tenants. Recently updated HVAC. Newer torchdown roof with 9 years left on the warranty. Current owner will sign 5 year lease of the 3rd unit. 2018 Traffic studies show 18,000 vehicles on W Division St per day. This building is an excellent investment at a 9% cap rate. Tenants pay all taxes, insurance, maintenance, and utilities.
Exterior Features

Carport YN No Exterior Features Brick Lot Size Dimensions 120 X 60 Open Parking YN No Parking Total 0 Roof Built-Up Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K

Interior Features

Building Area Total 0 Fireplace YN No Flooring Concrete Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirConcrete Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No Energy Source ElectricNatural Gas First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventionalLease PurchaseOwner Financing Net Operating Income 5500 Possession Closing Possible Use CommercialRetail Power Company Pse Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Of Mount Vernon Special Listing Conditions None Tax Annual Amount 0 Tax Year 2021 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Mount Vernon Water Source Public Year Built Effective 1978 Zoning Class CommercialRetail Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Snow Group at The Preview Group and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Snow Group at The Preview Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-01-17T00:14:06.087.

 
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The Snow Group at The Preview Group
2150 North 107th Street #170
Seattle WA, 98133
Listing Courtesy of Dave Nelson Real Estate.