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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Stacy Sauer

Stacy Sauer

+1(253) 457-1137
Listed by Real Estate 2000 Inc. David M. Hilbert 
$ 999,999
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.
SCHOOLSPROPERTIES
Elementary Schools 12
  • 6

    Jefferson Elementary School

    Public | KG - 6

  • 4

    Centennial Elementary School

    Public | KG - 6

  • 3

    Little Mountain Elementary School

    Public | KG - 6

  • 3

    Lincoln Elementary School

    Public | KG - 6

  • 3

    Washington Elementary School

    Public | KG - 6

  • 3

    Madison Elementary School

    Public | KG - 6

  • 0

    Skagit Family Learning Center Mvsd

    Public | KG - 12

  • 0

    Mount Vernon Christian School

    Private | PK - 12

  • 0

    Mount Vernon Special Education

    Public | PK - 12

  • 0

    Immaculate Conception Regional School

    Private | PK - 8

  • 0

    Foothills Christian School

    Private | PK - 8

  • 0

    Learning Ladder Child Devt Center

    Private | PK - KG

Middle Schools 2
  • 4

    Mount Baker Middle School

    Public | 7 - 8

  • 1

    La Venture Middle School

    Public | 7 - 8

High Schools 3
  • 1

    Mount Vernon High School

    Public | 9 - 12

  • 0

    Emerson High School

    Private | 9 - 12

  • 0

    Northwest Career & Technical Academy

    Public | 9 - 12

School and business data provided by Attom Data.

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Stacy Sauer
Stacy Sauer

Agent | License ID: 20112332

+1(253) 457-1137

reagentstacy.com

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1331 S 2nd ST