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    Mount Vernon, WA
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    Mount Vernon, WA Shopping Centers for Sale

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    Mount Vernon Retail Center For Sale
    Updated: May 21
    Mount Vernon Retail Center For Sale

    525 E College Way, Mount Vernon, WA 98273

    $15,550,000
    100,155 sqft
    98% occupied neighborhood retail center offering stable income.
    Anchored by Grocery Outlet and Ross Dress for Less (41% of GLA).
    Located in a high‑traffic area (38,695 VPD) with direct access to Interstate 5.
    Below replacement cost at approximately $155 per square foot.
    Strong tenant base with long‑term local operators (34% occupied for 14+ years).
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    This listing looks promising.

    Here's a quick look at some key insights for

    525 E College Way, Mount Vernon, WA 98273

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $846K
      Annual

    • Mortgage

      $300K
      Sep 2018

    • Property Type

      Theater (Movie)
      Built 1977
    View Property Analytics
    Neighborhood Shopping Center Anchored by Grocery Outlet
    Updated: May 4
    Neighborhood Shopping Center Anchored by Grocery Outlet

    525 E College Way, Mount Vernon, WA 98273

    Contact for pricing
    100,155 sqft
    100,155 SF neighborhood shopping center 98% occupied
    Anchors: Grocery Outlet and Ross Dress for Less represent 41% of GLA
    Inline tenants across main building and two adjacent strip centers
    Approximately 38,695 VPD along East College Way with direct I‑5 visibility and access
    Staggered lease expirations intended to minimize rollover risk
    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Vernon, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Retail Strip Center
    Multi-Tenant Retail Strip Center

    2427 W Sims Way, Port Townsend, WA 98368

    $1,900,000
    10,000 sqft 0.68 AC lot

    Multi-tenant retail strip center in Port Townsend with available vacant units for leasing under commercial zoning.

    View details
    Port Townsend Commercial Investment Opportunity
    Port Townsend Commercial Investment Opportunity

    2427 W Sims Way, Port Townsend, WA 98368

    Contact for pricing
    10,000 sqft

    Multi-tenant commercial property with high visibility and income potential.

    View details
    Everett Mall Plaza Retail Space
    Everett Mall Plaza Retail Space

    1201 Southeast Everett Mall Way, Everett, WA 98208

    Contact for pricing
    124,268 sqft

    Shopping plaza with 83% occupancy and strong corridor exposure along Everett Mall Way.

    View details
    Grocery Anchored Retail Center
    Grocery Anchored Retail Center

    5305 Evergreen Way, Everett, WA 98203

    Contact for pricing
    70,935 sqft

    Grocery anchored shopping center in a busy Everett location.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    18215 SW Sargent Road, Rochester, WA 98579

    $649,900
    10.40 AC lot

    10.4 acres of level commercial land with development potential.

    View details
    Spokane Valley Development Opportunity
    Spokane Valley Development Opportunity

    2714 S DISHMAN-MICA Rd, Spokane Valley, WA 99206

    $647,700
    1.45 AC lot

    1.45 acre commercial land in growing Dishman Mica corridor.

    View details
    C3 Zoned Commercial Land
    C3 Zoned Commercial Land

    261 GRANT SMITH Rd, Roseburg, OR 97471

    $750,000
    2.94 AC lot

    C3 commercial site with utilities on-site and a compacted, graded acre ready for development planning.

    View details
    Prime McCall Commercial Land Opportunity
    Prime McCall Commercial Land Opportunity

    303 McBride Street, Mccall, ID 83638

    $1,250,000
    50,529 sqft 1.20 AC lot

    Nearly 1.2 acres of commercial land in McCall, Idaho.

    View details

    Off-Market Properties in Mount Vernon, WA

    Consider similar Off-Market properties in Mount Vernon, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    13576 Bayview Edison Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    13576 Bayview Edison Rd, Mount Vernon, WA 98273-8231

    $2,840,000
    Estimated value
    41,556 sqft 3.14 AC lot
    View details
    15806 Best Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    15806 Best Rd, Mount Vernon, WA 98273-8824

    Value Estimation by Request
    2,820 sqft 6.80 AC lot
    View details
    413 Jacks Ln
    WHOLESALE OUTLET, DISCOUNT STORE

    413 Jacks Ln, Mount Vernon, WA 98273-4507

    $2,730,000
    Estimated value
    28,875 sqft 1.24 AC lot
    View details
    16915 State Rte 20
    WHOLESALE OUTLET, DISCOUNT STORE

    16915 State Rte 20, Mount Vernon, WA 98273-6922

    Value Estimation by Request
    3,200 sqft 0.76 AC lot
    View details
    205 Fir St
    WHOLESALE OUTLET, DISCOUNT STORE

    205 Fir St, Mount Vernon, WA 98273-2865

    $530,000
    Estimated value
    6,895 sqft 0.32 AC lot
    View details
    16631 Laconner Whitney Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    16631 Laconner Whitney Rd, Mount Vernon, WA 98273

    $1,230,000
    Estimated value
    9,600 sqft 2.66 AC lot
    View details
    201 College Way
    WHOLESALE OUTLET, DISCOUNT STORE

    201 College Way, Mount Vernon, WA 98273-5455

    $5,875,000
    Estimated value
    50,624 sqft 5.57 AC lot
    View details
    325 1st St
    WHOLESALE OUTLET, DISCOUNT STORE

    325 1st St, Mount Vernon, WA 98273-3804

    $2,220,000
    Estimated value
    32,470 sqft 0.41 AC lot
    View details
    1321 6th St
    WHOLESALE OUTLET, DISCOUNT STORE

    1321 6th St, Mount Vernon, WA 98273-4919

    $4,250,000
    Estimated value
    62,463 sqft 2.09 AC lot
    View details
    1201 1st St
    WHOLESALE OUTLET, DISCOUNT STORE

    1201 1st St, Mount Vernon, WA 98273-4869

    $1,750,000
    Estimated value
    15,156 sqft 3.22 AC lot
    View details

    Mount Vernon, WA Shopping Centers Market Trends and Statistics

    Explore 12 shopping centers for sale in Mount Vernon, WA on our real estate platform. These investment opportunities span a total of 200,310 square feet of properties for sale, with an estimated market value of $15,550,000.

    Sale prices for plazas in Mount Vernon, WA average $15,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 4
    Storefront properties 4
    Banks 3
    Auto shops 2
    Automotive properties 2

    Demographics Overview

    Population 49K
    Population Growth (5Y) +3.7%
    Median Household Income $81,862
    College Educated 40.6%

    High-Yield Neighborhoods for Investment

    Identify Mount Vernon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98273 $15.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.07%
    Property Tax per SF $8.01 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Mount Vernon fall within the 100,000+ square foot range.

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