1600 Continental Place

Mount Vernon, WA 98273
$3,500,000
  • 2005 Year Built
  • 0.93 Acres

Property Highlights

Acreage:
0.93 acres

Listing Courtesy of Northwest MLS / Windermere RE Anacortes Prop.

  • Property Description
    Great Investment Property on approximately 1 acre of land. Building is approximately 12,400 sq. ft. with 5 separate units but they are not condominiums. Units 101 thru 104 are leased and Unit 105 is vacant but available for lease. Units 101, 102 & 104 lease is with Rosario Skin Clinic and the lease goes to 12-31/2031. Unit 103 is Cascade Facial and their lease goes to 2024 with one 5 year extension remaining. Leases are NNN with income and expense in the supplemental pages. Both leases have 3% annual increases. Unable to show without a mutually agreed upon P & S Agreement.
  • Property Details
    • MLS ID:
      1722819
    • Area:
      Mount Vernon
    • Community:
      College
    • County:
      Skagit County
    • Flooring:
      Ceramic Tile, Laminate, Wall to Wall Carpet
    • Lot Size:
      135 x 300
    • Lot Size Sq. Ft.:
      40,511
    • Property Type:
      Commercial/Industrial
    • Status:
      Active
    • Year Built:
      2005
  • Additional Highlights
    • Approx. Office Sq. Ft.:
      12400
    • Exterior:
      Stone, Wood Products
    • Gross Income:
      $194,198
    • Heating / Cooling:
      90%+ High Efficiency
    • Roofing:
      Composition, Metal
    • Water Source:
      Public
    • Zoning:
      Commercial, Office
  • Taxes and Fees
    • Taxes (Est):
      $41,707
    • Taxes (Year):
      2020

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Location

1600 Continental Place, Mount Vernon Washington, 98273 United States

Mount Vernon Neighborhood

Price Range :
$275K-$4.5M

Mount Vernon

Tulips—in every color you can imagine. The city of Mount Vernon is host to the Tulip Festival Street Fair, one of the many events that comprise the Skagit Valley Tulip Festival, and adorns the community in every color of the rainbow during beautiful (and sometimes stormy) spring days. With a  climate similar to Northern France, the town of 30 thousand-plus has been rated as the #1 “Best Small City in America” by the New Rating Guide to...

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1600 Continental Place, Mount Vernon Washington, 98273 United States

Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.

Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.