1621 Freeway Drive, Mount Vernon, WA 98273 (MLS # 2379823)

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Listing provided courtesy of Northwest MLS; Torre Realty

PRICE $1,299,000
SIZE n/a
LOT SIZE 11,670 sqft

This exceptionally well-maintained commercial property presents a rare investment opportunity with strong cash flow and a solid rental history. Conveniently located just off I-5, it offers excellent visibility and easy access. The fully occupied office building with stable, long-term tenants, additionally 13 storage units remain consistently rented with a waitlist"”underscoring strong demand. Additional upside potential comes from virtual office rentals that include access to a shared conference room. With an impressive 8% cap rate and multiple income streams, this is a turn-key asset in a prime location. Don't miss out!

LAST UPDATED 6/13/2025 TRACT Mount Vernon
YEAR BUILT 1984 COMMUNITY Mount Vernon
COUNTY Skagit STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Heat Pump
AIR CONDITIONING Yes
AREA 835 - Mount Vernon
CONSTRUCTION Concrete
HEAT Electric, Heat Pump
LOT 0.2679 acre(s)
LOT DESCRIPTION Level
LOT DIMENSIONS 116 x 100
MLS STATUS Active
STYLE 60 - Comm Bldg Und 10K
SUBDIVISION Mount Vernon
TAXES 9338
UTILITIES Sewer Connected
ZONING Commercial

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/7/25 6:54 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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