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Mixed-Use Center with Executive Offices
For Sale
Contact for pricing
Pending

205 Stewart Rd, Mount Vernon, WA 98273

Fully occupied commercial center combining medical office, fitness, traditional office, and executive office uses.

Property SizeContact for details
Days on Market142

Property Features for 205 Stewart Rd

General Information

Standard status Pending
Property subtype Retail, Office, Industrial, Mixed Use
Listing Agency: Kidder Mathews Seattle
Listed By: Erik Swanson · License #WA 82677
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:36PM

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 Kidder Mathews Seattle

Investment Insights

Based on property information with market context.

Riverbend Station is a remodeled mixed-use commercial center with medical office, fitness, and office occupants. The property includes 13 executive offices, while seven tenants lease approximately 91% of the space. The building was originally constructed in 1987 and received a substantial remodel in 2012, including a 30-year membrane roof, steel framing, metal siding, and fiber optic cable.

The center is positioned at a signalized intersection adjacent to Interstate 5 and across from a 220,000 square foot Super Walmart center. Skagit Regional Hospital and Lowe’s Home Improvement are among the neighboring businesses. A majority of tenants have remained at the property since 2017 or earlier, and contracted annual increases apply to most occupied space.

Key Highlights

  • 100% occupied mixed‑use center with medical office, fitness, and office tenants
  • Seven tenants lease approximately 91% of the space
  • 13 executive offices comprise the remaining 9% of the space

Property Analytics

Current Use

Sally Ann Mcpherson Physician Margaret Aubin Physician DOC Mount Vernon ... State Government Office A New Tomorrow Therapy Crisis Center Marissa Capasso Pediatrician

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Plumbing Service Florist Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

874
Businesses Nearby

Demographics for 98273, WA

31,243
Population
11,991
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
87%
High-School Grad
83.9 sq mi
ZIP Area
372
Density / Sq Mi
$74,247
Median Household Income
$42,168
Median Earnings
$1,171
Median Rent
$448,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied commercial center combining medical office, fitness, traditional office, and executive office uses.
Where is this mixed-use property located?
The property is located at 205 Stewart Rd Mount Vernon, WA.
What are key features of this property?
This property features: 100% occupied mixed‑use center with medical office, fitness, and office tenants; Seven tenants lease approximately 91% of the space; 13 executive offices comprise the remaining 9% of the space
(206) 296-9628 Call to check price and availability
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