42921 Challenger Road, Concrete

$2,295,000


Listing Office: Coldwell Banker Bain.

0 Beds
0 Baths
55 Acres
0 Garages

700 ft of riverfront on 60 plus acres, comprised of 13 parcels w/ a substantial income producing tenant, 10 shovel ready 1/2 acre building lots, $250K of harvestable timber, well w/11,000 gal class B water systems only begin to describe this incredible opportunity. Once a thriving vineyard & winery, acreage includes home w/garage on 1.5ac, a second 2BR dwelling, metal roofed barn/outbuildings totaling approx 9500sf. on 1.4ac. The 53 acre parcel consists of timber acreage above (logging permit submitted), cleared productive farmland and river frontage w/ beach/boat access. Building lots have road in, power, water meters, perk/septic ok. 10 miles to Janicki Industries. Current Cap rate 5.5% potential over 10% by 2023. Possible Owner Terms

Essential Information
MLS® #1738449
Price$2,295,000
Acres55.00
TypeLand
Sub-TypeLand
StatusActive
Community Information
Address42921 Challenger Road
Area845 - Concrete & Up Ri
SubdivisionConcrete
CityConcrete
CountySkagit
StateWA
Zip Code98237
School Information
DistrictConcrete
ElementaryBuyer To Verify
MiddleBuyer To Verify
HighBuyer To Verify
Additional Information
Days on Market70
Listing Details
Listing Office: Coldwell Banker Bain
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Listing information last updated on May 14th, 2021 at 9:19pm PDT.