Fantastic investment opportunity! Great opportunity to own a multi-purpose historic building in downtown Mt. Vernon. Currently operated as a restaurant, with space set up for a specialty grocery store and a three bedroom, one bathroom apartment upstairs. Great store fronts and large warehouse offer potential for expansion into brewery, bakery, fitness center, you name it! Zoned multi-family for up to 36 units! Tons of potential for rental income as is or build to suit your needs. Currently offered at 7 percent cap rate!!
MLS# | 635169 |
---|---|
Listing Type | For Sale |
Sub-Type | Retail |
Status | Available |
Year | 1931 |
Days On Site | 38 |
Building(s) | 1 |
---|---|
Zoning | Central Business District |
Acreage | 0.16 |
Area Information | |
---|---|
State | WA |
County | Skagit |
City | Mt. Vernon |
Zip Code | 98273 |
Area | Skagit County |
Listing VS Median (in 98273) | |
Price: $600,000 low | high Med: $354,868 On Site: 38 low | high Med: 934.5 Sourced by Back At You |