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1621 Freeway Drive Mount Vernon, WA 98273

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For Sale
$1,270,000

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

Type:Commercial
Lot size:
0.27 Acres
Added:
Jun 13, 2025
Days on Market:
310
Last Refresh:
Apr 5 at 8:52 pm

Property Features for 1621 Freeway Drive

General Information

Standard status
Active
Lot size
0.27 Acres
Property subtype
Commercial

Building Details

Year Built
1984

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Listing Contact
ELENA PIKE

Listing agent ELENA PIKE

Listing office TORRE REALTY

Listing date Jun 13, 2025

Source Corcoran

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

All listing content including descriptions, pricing, images are the copyrighted material of TORRE REALTY


Overview

Well-Maintained Commercial Property For Sale

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

MV Therapeutic Massage Alternative Medicine Practice Friendly Tech Consultancy IT Consulting Firm

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon Auto Repair Shop Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Mount Vernon
County
Skagit
State
Washington
Longitude
-122.344
Latitude
48.4351

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 $1,270,000.
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
More about this property
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