702 Main, Mount Vernon, WA 98273
- $775,000
Listing courtesy of NextHome Preview Properties.
- List Price
- $775,000
- Status
- ACTIVE
- MLS#
- 2554088
- Days on Market
- 17
- Annual Tax Ammount
- 3958
- Internet Provider
- COMCAST
Property Description
First Time on the Market – Downtown Mount Vernon Commercial Opportunity!This well-positioned building features multiple office suites, making it ideal for investors, owner-users, or those seeking a value-add in one of Skagit County’s most desirable business districts. Enjoy beautiful views of the Skagit River while being just steps from downtown shops, restaurants, professional services, and the vibrant riverfront promenade. Mount Vernon’s continued investment in its historic downtown and waterfront has strengthened the area’s appeal for businesses, mixed-use development, and future growth. Inside, the flexible layout offers numerous private offices and shared workspaces that can accommodate a variety of professional, medical, creative, or service-based businesses. Whether you’re looking to maintain the current office configuration, lease individual suites, or reimagine the property for a new use, the possibilities are extensive.Properties with this location, flexibility, and history rarely become available. Don’t miss your chance to invest in a premier downtown asset with river views, strong long-term potential, and endless opportunities to add value. Schedule your private tour today and explore everything this commercial property has to offer.
Additional Information
- Community
- Downtown
- Building Condition
- Average
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1961
- Waterfront
- Yes
- Waterfront Description
- High Bank, River
- Roof
- Flat
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
- Driving Directions
- GPS Friendly.
- Energy Source
- Electric
- Net Operating Income
- $14,292
- Gross Adjusted Income
- $22,800
- Gross Scheduled Income
- $40,800
- Water/Sewer/Garbage Expenses
- $2,800
- Cap Rate
- 2
- Vacancy Rate
- 56
- Total Expenses
- $8,508
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.