307 South 1St St Mount Vernon, WA 98273
This exceptional 9,056-square-foot retail and office building, built in 1920, is situated on a 0.106-acre lot in the heart of historic downtown Mount Vernon, WA. The two-story building offers versatile space ideal for owner-users or investors. The street-level space is perfect for retail, a restaurant, or bar, benefiting from high foot traffic and proximity to amenities. Upstairs, private office suites provide flexible options for various businesses. The building features both front and rear entrances for convenient access, and ample nearby parking is available. A unique feature is an integrated approximately 700-square-foot one-bedroom apartment. This property presents a rare opportunity to own a piece of Mount Vernon's vibrant downtown, with its thriving retail scene, diverse dining options, supermarkets, and the scenic riverfront park. The asking price is $799,000, with a price per square foot of $88.23. This is an owner/user investment opportunity not to be missed. The address is 307 S 1st St, Mount Vernon, WA 98273.
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David Bond Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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