Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    420 1St St Mount Vernon, WA 98273

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $250,000

    Downtown Mount Vernon development lot with high foot traffic.

    Property size:
    5,663 SF

    Property Features for 420 1St St

    General Information

    Size
    5,663 SF

    Source: LEARNED COMMERCIAL, INC. Agent JARROD BALL

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

    Overview

    Downtown Development Lot For Sale

    This 0.13 +/- acre development lot is located in downtown Mount Vernon, an area characterized by high foot traffic. The surrounding area includes the historic Lincoln Theatre, retail shops, restaurants, and professional offices. The property is zoned C-1a: Downtown Districts and offers potential for various development projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Skagit
    State
    Washington
    Longitude
    -122.3367
    Latitude
    48.42476

    Nearby Similar for Sale

    • $775,000
      4,500 SF

      Mount Vernon Commercial/Industrial Property

      Versatile property with shop, home, and high visibility.
      2401-2407 Old Highway 99 S Rd S, Mount Vernon, WA 98273
      View Details
    • $37,500
      728 SF

      Renovated Manufactured Home in 55+ Park

      Updated 728 SF manufactured home in Mountain View Estates.
      2522 Old Highway 99 S Rd, Mount Vernon, WA 98273
      View Details
    • $565,000
      1,612 SF

      Versatile Office Building in Mount Vernon

      Two office spaces in one building with flexible zoning.
      1101 S 2Nd St, Mount Vernon, WA 98273
      View Details
    • $1,100,000
      2,612 SF

      Mount Vernon Commercial Investment Opportunity

      Three diverse commercial investments in one strategically positioned building.
      1331 2Nd St, Mount Vernon, WA 98273
      View Details
    • $799,000

      Established Brewery with Expansion Potential

      Successful brewery for sale with immediate income and growth opportunity.
      17406 State Route 536, Mount Vernon, WA 98273
      View Details
    • $25,800,000

      Skagit Valley Manufactured Home Lots

      172 lots with public utilities and strong occupancy history.
      1400 30Th St, Mount Vernon, WA 98273
      View Details

    FAQs

    What type of property is this?
    Commercial land - Downtown Mount Vernon development lot with high foot traffic.
    Where is this commercial land located?
    The property is located at 420 1St St Mount Vernon, WA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Located in downtown Mount Vernon with high foot traffic.; - Zoned C-1a: Downtown Districts.; - 0.13 +/- acres downtown development lot.
    Request Owner's contact information
    420 1St St Mount Vernon, WA 98273
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    420 1St St
    Mount Vernon, WA 98273
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 1St St Mount Vernon, WA 98273
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.