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401 Stanford Dr Mount Vernon, WA 98273

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For Sale
$7,895,000

Large apartment complex near schools and hospital.

Type:Commercial
Property size:
23,922 SF
Lot size:
1.95 Acres
Price / SF:
$330/SF
Added:
Apr 20, 2026
Days on Market:
5
Last Refresh:
Apr 20 at 8:15 pm

Property Features for 401 Stanford Dr

General Information

Standard status
Active
Size
23,922 SF
Lot size
1.95 Acres
Property subtype
Commercial

Building Details

Year Built
1977

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Listing Contact
GARY FRANKLIN
GARY FRANKLIN

Listing agent GARY FRANKLIN

Listing office WINDERMERE-SAN JUAN ISLAND

Listing date Apr 20, 2026

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 WINDERMERE-SAN JUAN ISLAND


Overview

45-Unit Apartment Complex For Sale

This large apartment complex comprises 45 units across four buildings, situated on two corner lots totaling 1.95 acres. The property is located within walking distance of schools and a hospital. The unit mix includes 44 one-bedroom, one-bath units and one three-bedroom, 3.5-bath unit. On-site amenities include a management office and three coin-operated laundry facilities. Parking is uncovered, with the exception of a two-car garage for the three-bedroom unit. Originally constructed in 1977 and 1979, the buildings have undergone complete renovations. Units feature vinyl floors and stainless steel appliances, including a range/oven, refrigerator, and dishwasher. The property is partially fenced. The siding and roofs are approximately 6 to 7 years old. The total property size is 23,922 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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  • Local Demand
City
Mount Vernon
County
Skagit
State
Washington
Longitude
-122.316465
Latitude
48.423066

FAQs

What type of property is this?
Apartment building - Large apartment complex near schools and hospital.
Where is this apartment building located?
The property is located at 401 Stanford Dr Mount Vernon, WA.
What is the asking price?
The asking price for this property is $7,895,000.
What are key features of this property?
This property features: Large 45‑unit apartment complex, a great investment opportunity.; Walking distance to schools and hospital, offering convenience for residents.; Recent complete rehab renovations make this a move‑in ready property.
More about this property
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