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OFF-MARKET
Specialty properties

2180 Old Highway 99 North Rd Burlington, WA 98233

1.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.59-acre commercial property boasts 160 feet of prime frontage on Highway 99 in Burlington, Washington, offering unparalleled visibility and accessibility. The property includes a substantial building featuring a large convenience store complete with a 29' x 10' walk-in cooler and a spacious shop area, presenting immediate income-generating potential. Adding to its versatility, a separate 2-bedroom, 1-bathroom home situated at the rear of the property provides additional rental income opportunities, enhancing the overall return on investment. This strategic location places the property in close proximity to key attractions and transportation arteries, including the Skagit Casino, Skagit Raceway, Interstate 5, and the cities of Bellingham and Mount Vernon. The property's high-traffic location and diverse income streams make it an ideal investment for entrepreneurs seeking a robust and established commercial venture. The existing structures offer immediate revenue potential, while the ample land provides room for expansion or future development. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential in a thriving area. The property is located at 2180 Old Highway 99 North Road, Burlington, WA 98233, in Skagit County. The asking price is $499,900.

Property profile
Verified
Property type Specialty properties
Lot 1.59 ac (69,260 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alger Towing LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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