1909 2nd St Mount Vernon, WA 98273-5207
Property profile & analytics
1909 2nd St, Mount Vernon, WA 98273-5207
- Retail space
- 6,760 SF
- 1.29 lot acres
Property ID
US90-2974693
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 1909 2nd St
- Year built
- 1900
- Lot size
- 1.29 lot acres
- Property type
- Retail space
- APN
- 3739-008-006-0009
- APU
- 37390080060009
Description
This exceptional Mount Vernon, WA investment opportunity presents a unique blend of retail and multifamily potential. Situated on a generous 2.06-acre lot at 1909 S 2nd Street, this property boasts a substantial 6,760 square foot building, encompassing both retail and residential spaces. The main structure, built in 1959, is a two-story building offering ample space for various commercial ventures. The property also includes a separate shop building, adding to its versatility. Further enhancing its appeal is a 1908 two-story rental house, providing additional income streams. The property features 30 parking spaces, a significant advantage for both tenants and customers. Its strategic location near I-5 and access from two major roads offers excellent visibility and accessibility, making it ideal for a variety of uses. The property's zoning and potential for redevelopment should be explored. This property is located in a Federal Opportunity Zone, presenting additional investment incentives. With a total asking price of $999,999, and a price per square foot of $147.93, this property offers a compelling return on investment. The APN is P53491. This is a rare opportunity to acquire a substantial mixed-use property in a thriving Washington state location. Serious inquiries are encouraged to explore the full potential of this remarkable asset.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,275,000
- ML approach
- $1,210,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $950,000
- 6.5%
- $880,000
- 7%
- $815,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $885,000
Market price range: $563k - $1.56M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,070,000 Current use
- AUTO REPAIR, GARAGE
- $1,630,000 Change: +52% Conversion: Difficult
- RESTAURANT
- $1,425,000 Change: +33% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,210,000 Change: +13% Conversion: Difficult
- OFFICE BUILDING
- $1,145,000 Change: +7% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,110,000 Change: +4% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $960,000 Change: -10% Conversion: Difficult
- WAREHOUSE, STORAGE
- $885,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Skagit
- State
- Washington
- Longitude
- -122.338
- Latitude
- 48.4072
- CBSA code
- 34580
- CBSA name
- MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,460
$472,900
$210,400
$683,300
-
$472,900
$210,400
$683,300
