512 Poplar Ln Mount Vernon, WA 98273

Property Details for 512 Poplar Ln

Year built

1965

Lot size

0.95 lot acres

Property size

661 SF

Property type

Commercial real estate

APN

P25764, P25745

Description

This exceptional Mount Vernon, WA property presents a unique investment opportunity, encompassing two parcels totaling 0.95 acres. The property includes a 661 square foot, single-building residence constructed in 1965, currently rented on a month-to-month basis. This adds immediate income potential to the investment. The property is situated on a prominent corner lot at the intersection of Poplar Lane and Urban Avenue, conveniently located just off Riverside Drive. One parcel, approximately 0.26 acres, contains the existing residence. The second parcel, comprising roughly 0.69 acres, is undeveloped and level, presenting significant potential for commercial development. The entire property is zoned C-2, designating it as a General Commercial District, offering flexibility for a variety of commercial uses. The asking price is $575,000, translating to $869.89 per square foot. The property's APN is P25764, P25745. This combined residential and commercial offering provides a rare chance to capitalize on both immediate rental income and future development prospects in a desirable location. All information is deemed reliable but not guaranteed.