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Financial
Distress signals
Property profile

2120 E College Way Mount Vernon, WA 98273

FOR SALE
Grocery and convenience stores
Property ID
US90-0812117
5,620 SF 1.39 ac lot Built 1966
Last sale Feb 2026 · $1,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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2120 E College Way, Mount Vernon, WA 98273 For Sale
Contact for pricing 5,620 SF
2120 E College Way, Mount Vernon, WA 98273
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Property summary

AI-generated overview

This commercial land parcel is located on a hard corner across from Skagit Valley College, forming a prominent intersection frontage with a lighted signal. The site is sized to accommodate development for up to two separate users and offers access and visibility from a high-traffic intersection.

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 · 2022

What does the county charge?
$11k
Tax billed · 2022
Assessed value · 2021$955k
Assessed land$614k
Assessed improvement$341k
Effective rate1.17%

Value estimate

· Oct 2026
$775k
$698k – $853k
CAP approach$730k
Submarket $/SF estimate$761k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$158/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$83 – $231
Qualifying comparables3

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant25.8
Law Firm25.5
Building Supply25.2

Location

2120 E College Way Mount Vernon, WA 98273
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17695 State Rte 536, Mount Vernon, WA 98273-3272 $710,000 Dec 2025 4,041 SF
17737 State Rte 536, Mount Vernon, WA 98273-8754 $1,900,000 Mar 2024 9,826 SF
1930 Market, Mount Vernon, WA 98273-5402 $1,170,000 Dec 2023 6,000 SF
628 Division, Mount Vernon, WA 98273-3220 $350,000 Dec 2023 5,272 SF
427 4th, Mount Vernon, WA 98273-2885 $929,550 Feb 2023 4,269 SF
800 Division, Mount Vernon, WA 98273-3224 $430,000 Jun 2022 7,358 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

Comparable nearby

  • Value Estimation
    $690,000
    6,102 SF
    110 1st St
    RETAIL STORES (PERSONAL SERVICES)
    110 1st St, Mount Vernon, WA 98273-2881
    View Details
  • Value Estimation
    $525,000
    6,450 SF
    2222 Riverside Dr
    RETAIL STORES (PERSONAL SERVICES)
    2222 Riverside Dr, Mount Vernon, WA 98273-5430
    View Details
  • Value Estimation
    $980,000
    6,888 SF
    18729 Fir Is Rd
    RETAIL STORES (PERSONAL SERVICES)
    18729 Fir Is Rd, Mount Vernon, WA 98273-8159
    View Details
  • Value Estimation
    $400,000
    7,358 SF
    800 Division St
    GROCERY, SUPERMARKET
    800 Division St, Mount Vernon, WA 98273-3224
    View Details
  • Value Estimation
    $615,000
    8,136 SF
    17929 State Rte 536
    RETAIL STORES (PERSONAL SERVICES)
    17929 State Rte 536, Mount Vernon, WA 98273-3216
    View Details
  • Value Estimation
    $505,000
    8,580 SF
    1801 Riverside Dr
    FINANCIAL BUILDING
    1801 Riverside Dr, Mount Vernon, WA 98273-5412
    View Details

Similar Nearby for Sale

  • New
    $3,000,000
    19,700 SF
    Flex Space with Loading Doors
    An open commercial floor plan is complemented by a mezzanine office, restrooms, and grade-level and dock-high access.
    1333 Riverside Drive, Mount Vernon, WA 98273
    View Details
  • New
    $425,000
    1,472 SF
    Turnkey Standalone Office-Retail Building
    Single-story standalone building with 14 off-street parking spaces and recent capital improvements.
    915 McLean Rd, Mount Vernon, WA 98273
    View Details
  • New
    $2,495,000
    28,000 SF
    Modern Building in Skagit Valley
    Flourishing furniture business with endless possibilities for growth and expansion.
    916 Division, Mount Vernon, WA 98273
    View Details
  • $15,550,000
    100,155 SF
    Neighborhood Shopping Center Anchored by Grocery Outlet
    98%-occupied neighborhood retail center anchored by Grocery Outlet and Ross Dress for Less with direct I-5 visibility.
    525 E College Way, Mount Vernon, WA 98273
    View Details
  • $695,000
    Renovated Mixed-Use Gallery Building
    Renovated commercial space includes gallery improvements and a private residential studio.
    511 S 1st St, Mount Vernon, WA 98273
    View Details
  • New
    $850,000
    Commercial Building Prime Location
    Commercial building in prime location suitable for retail or office.
    1610 Laventure, Mount Vernon, WA 98273
    View Details

Similar in This City for Lease

  • Contact for pricing
    3,264 sqft
    Mount Vernon Retail/Showroom/Office Space
    3,264 SF space ideal for retail, showroom, or offices.
    3302 Cedardale Rd, Mount Vernon, WA
    View Details
  • New
    Contact for pricing
    3,000 sqft
    Remodeled Retail Space Available
    High-traffic, updated retail space in downtown Mount Vernon.
    221 S 1st St, Mount Vernon, WA
    View Details
  • Contact for pricing
    19,700 sqft
    Retail and Warehouse Building
    Versatile commercial building with open retail layout, office mezzanine, and both grade-level and dock-high loading doors.
    1333 Riverside Dr, Mount Vernon, WA 98273
    View Details
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