1621 Freeway Dr Mount Vernon, WA 98273
Fully occupied commercial property with multiple income streams and upside potential.
Lot size:
0.27 AcresProperty Features for 1621 Freeway Dr
General Information
- Lot size
- 0.27 Acres
Building Details
- Year built
- 1984
Source:
Corcoran
Listing Agent: Elena Pike
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Massage Therapist
Friendly Tech Consultancy
Computer Consultant
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Skagit
- State
- Washington
- Longitude
- -122.3442281
- Latitude
- 48.4351299
Nearby Similar for Sale
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 Dr Mount Vernon, WA.
What is the asking price?
The asking price for this property is $1,275,000.
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