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Modern Building in Skagit Valley
For Sale
$2,495,000

916 Division, Mount Vernon, WA 98273

Flourishing furniture business with endless possibilities for growth and expansion.

Property Size28,000 SF
Price / SF$89.11
Days on Market243

Property Features for 916 Division

General Information

Standard status Active
Size 28,000 SF
Property subtype Commercial

Building Details

Year Built 2016
Listing Agency: Muljat Group
Listed By: Kena Greer Brashear · License #NWM45515
Source: Skylineproperties
Added: Feb 18 Changed: Oct 16 Last Checked: Oct 16 at 9:27AM

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 Muljat Group

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Investment Insights

Based on property information with market context.

Established in 1947, the property houses a flourishing furniture business that has been honored as Skagit's Best for eight consecutive years. The building, completely rebuilt in 2016, is a modern structure with over 28,000 square feet. Located in the heart of Skagit Valley, the property is easily accessible and highly visible. Its versatile C-2 zoning allows for various uses, including eating and drinking establishments, retail, offices, banks, and financial institutions. This property offers possibilities for growth and expansion.

Key Highlights

  • Completely rebuilt in 2016: A modern 28,000+\/- sq ft building.
  • Flourishing furniture business included: Opportunity for growth and expansion.
  • Established business: Honored as Skagit's Best for eight consecutive years.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Daycare Center Computer & Electronic Repair Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

1,873
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Flourishing furniture business with endless possibilities for growth and expansion.
Where is this mixed-use property located?
The property is located at 916 Division Mount Vernon, WA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Completely rebuilt in 2016: A modern 28,000+\/- sq ft building.; Flourishing furniture business included: Opportunity for growth and expansion.; Established business: Honored as Skagit's Best for eight consecutive years.
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