701 S 1st Street, Mount Vernon, WA 98273 (MLS # 2549983)

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Listing provided courtesy of Northwest MLS; Pettruzzelli Inc

PRICE $2,300,000
SIZE n/a
LOT SIZE 7,227 sqft

Fantastic investment opportunity in prime downtown Mount Vernon location. Fully rented, this 13,000 square foot property features a beloved, long-term retail tenant on the main floor with ample living space above. On the second floor you'll find a mix of 18 rental units which include full apartments and individual rooms along with communal kitchen, restrooms, and coin operated laundry. These units offer a great opportunity for low income housing and are in great demand. Located in the heart of downtown, this historic building is within easy walking distance of the Skagit Riverwalk, grocery stores, restaurants, the Lincoln Theatre, summer concerts, farmers markets, shops, and everything downtown Mount Vernon offers.

LAST UPDATED 7/6/2026 TRACT Downtown
YEAR BUILT 1908 COMMUNITY Downtown
COUNTY Skagit STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 835 - Mount Vernon
HEAT Electric, Natural Gas
LOT 7227 sq ft
LOT DESCRIPTION Level
MLS STATUS Active
STYLE 61 - Comm Bldg Ovr 10K
SUBDIVISION Downtown
TAXES 12015
UTILITIES Sewer Connected
WATER Public
ZONING Business,Commercial,Multi-Family,Office,Retail

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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 7/15/26 2:40 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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