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Financial
Distress signals
Property profile

320 1st St Mount Vernon, WA 98273

OFF-MARKET
Turn key restaurants
Property ID
US90-1007943
1,856 SF 0.04 ac lot Built 1915
Last sale Jul 2026 · $615,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial retail space located in central Mount Vernon. It contains 1,856 square feet of interior space and includes a second-floor loft area that can be used for office and storage. Building systems and finishes include two electrical panels and refreshed storefront updates. The space is equipped with sinks and a range hood intended for use with a gas stove, with designated food preparation areas, including a kitchen area with a durable rubber floor suitable for restaurant…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2022$205k
Assessed land$88k
Assessed improvement$117k
Effective rate1.09%

Value estimate

· Oct 2026
$505k
$455k – $556k
AI approach$550k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$211/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$125 – $315

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSKAGIT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Smoke and Vape Shop10.0
HVAC Service9.9

Location

320 1st St Mount Vernon, WA 98273-3805
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 4th, Mount Vernon, WA 98273-2832 $615,000 Feb 2026 2,438 SF
1225 Riverside, Mount Vernon, WA 98273-2437 $207,500 Nov 2024 1,496 SF
2001 College, Mount Vernon, WA 98273-2317 $445,000 Dec 2023 1,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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