Listing Office: Dave Nelson Real Estate Northwest Multiple Listing Service Logo

720 W Division Street, Mount Vernon, WA

$699,000

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0.17

Acres

About 720 W Division Street

Single Story Mid Century Brick Commercial Building with plenty of street parking on busy W Division St. Long time Tenant of 17 years. Building has 3 meters for 3 different tenants. Recently updated HVAC. Newer torchdown roof with 9 years left on the warranty. Current owner will sign 5 year lease of the 3rd unit. 2018 Traffic studies show 18,000 vehicles on W Division St per day. This building is an excellent investment at a 9% cap rate. Tenants pay all taxes, insurance, maintenance, and utilities.

Features of 720 W Division Street

MLS® # 1865671
Price $699,000
Bathrooms 0.00
Acres 0.17
Year Built 1963
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 720 W Division Street
Area 835 - Mount Vernon
Subdivision Mount Vernon
City Mount Vernon
County Skagit
State WA
Zip Code 98273

Amenities

Is Waterfront No

Interior

Interior Features Forced Air, Concrete
Fireplace No

Exterior

Exterior Features Brick
Foundation Slab

Additional Information

Days on Market 179
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDave Nelson Real Estate

Listing Map

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