Mount Vernon, WA 98273 1621 Freeway Drive
$1,275,000
16 more
Presented By: Torre Realty and NWMLS
- MLS# 2379823
- 06/13/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
This exceptionally well-maintained commercial property presents a rare investment opportunity with strong cash flow and a solid rental history. Conveniently located just off I-5, it offers excellent visibility and easy access. The fully occupied office building with stable, long-term tenants, additionally 13 storage units remain consistently rented with a waitlist—underscoring strong demand. Additional upside potential comes from virtual office rentals that include access to a shared conference room. With an impressive 8% cap rate and multiple income streams, this is a turn-key asset in a prime location. Don’t miss out!
Presented By: Torre Realty and NWMLS
Interior Features for 1621 Freeway Drive
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
General for 1621 Freeway Drive
Building Area UnitsSquare Feet
Building FeaturesSignage Included, Storage
Cap Rate6
Carport Y/NNo
CityMount Vernon
CoolingHeat Pump
CountySkagit
DirectionsFrom I-5 West on College to property
HOANo
HOA Fee$
HeatingHeat Pump
Insurance Expense1243
Listing TermsCash Out, Conventional
Lot Size Square Feet11671
Lot Size UnitsSquare Feet
MLS Area835 – Mount Vernon
ModificationTimestamp2025-09-04T03:43:10.854Z
NWM_ShowMapLinkY
Net Operating Income74441
Number Of Units Total18
PossessionClosing
Possible UseCommercial
Property Style60 – Comm Bldg Und 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksThis 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 v
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameMount Vernon
Tax Annual Amount9338
Tax Year2024
TopographyLevel
Total Actual Rent10200
Water CompanySkagit PUD
Water Sewer Garbage7168
Year Built1984
Zoning DescriptionCommercial
Exterior for 1621 Freeway Drive
Building Area Total
Exterior AmenitiesCement/Concrete
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions116 x 100
Lot Size Acres0.2679
Parking Uncovered Total18
Total Parking18
Water SourceCommunity
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®