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    306 S 1St St Mount Vernon, WA 98273

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    For Sale
    $995,000

    5,687 SF retail/office space in downtown Mount Vernon for sale.

    Property size:
    5,687 SF
    Lot size:
    0.13 Acres

    Property Features for 306 S 1St St

    General Information

    Size
    5,687 SF
    Lot size
    0.13 Acres

    Source: Learned Commercial, Inc. Agent Clay Learned

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Mount Vernon Retail/Office Space

    This property features approximately 5,687 square feet of office or retail space situated on approximately 0.13 acres. It is located in downtown Mount Vernon, benefiting from high foot traffic and proximity to the Skagit Food Co-op, professional offices, and retail shops. The property is located near I-5 exit 226/Kincaid. It is zoned C-1a: Downtown Districts, suggesting a range of potential uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Skagit
    State
    Washington
    Longitude
    -122.336879
    Latitude
    48.420505

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    FAQs

    What type of property is this?
    Retail space - 5,687 SF retail/office space in downtown Mount Vernon for sale.
    Where is this retail space located?
    The property is located at 306 S 1St St Mount Vernon, WA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - 5,687 +/- sf office/retail space; - Located in downtown Mount Vernon with **high foot traffic**; - Zoned C-1a: Downtown Districts
    (360) 770-1388
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    306 S 1St St Mount Vernon, WA 98273
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 S 1St St Mount Vernon, WA 98273
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