1621 Freeway Drive Mount Vernon, WA 98273

Building Details

Year Built

1984

Listing Agency TORRE REALTY Show Phone

Listed by ELENA PIKE

Source Corcoran

Added: Jun 13, 2025 Checked: Jul 17 at 3:06 am

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Investment Insights

Based on property information with market context.

This well-maintained commercial property is located just off I-5, providing excellent visibility and easy access. The property features a fully occupied office building with stable, long-term tenants. In addition to the office space, the property includes 13 storage units that are consistently rented and have a waiting list, indicating strong demand. There is additional upside potential from virtual office rentals, which include access to a shared conference room. The property has an 8% cap rate and multiple income streams.

Key Highlights

• Strong 8% Cap Rate
• Multiple Income Streams from office, storage, and virtual office components
• Fully Occupied with Stable, Long‑Term Tenants

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FAQs

What type of property is this?

Office building - Fully occupied commercial property with multiple income streams and upside potential.

Where is this office building located?

The property is located at 1621 Freeway Drive Mount Vernon, WA.

What is the asking price?

The asking price for this property is $1,265,000.

What are key features of this property?

This property features: Strong 8% Cap Rate; Multiple Income Streams from office, storage, and virtual office components; Fully Occupied with Stable, Long‑Term Tenants