Listing Office: Real Estate 2000 Inc. Northwest Multiple Listing Service Logo

1331 S 2nd Street, Mount Vernon, WA

$1,100,000 USD

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0.32

Acres

About 1331 S 2nd Street

Rare 18% Cap Rate – High-Yield Mixed-Use Property In Downtown Mount Vernon. This Is A Prime Opportunity To Own A Fully Leased, Multi-Use Investment With Three Diverse Income Streams In One Well-Maintained Building. Raise The Net Income By Running The Store Yourself! Lots Of Potential! Situated On A 13,769 Sq.Ft. Lot, This 2,612 Sq.Ft. Property Includes A Convenience Store, A Leased Mexican Restaurant ($2,200/Month), And A Rental Apartment ($1,000/Month). Upgrades Feature A Commercial-Grade Kitchen And Sanitation Room. Exceptional Visibility With Over 10,000 Vehicles Passing Daily, Plus Strong Signage Presence. Located In Mount Vernon’s Vibrant Downtown Corridor, This Asset Offers Stability, Cash Flow, And Long-Term Growth Potential.

Features of 1331 S 2nd Street

MLS® # 2151553
Price $1,100,000 USD
Acres 0.32
Year Built 1939
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 1331 S 2nd Street
Area 835 - Mount Vernon
Subdivision Downtown
City Mount Vernon
County Skagit
Province WA
Postal Code 98273

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate 2000 Inc.

Listing Map

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