1331 S 2nd Street, Mount Vernon, 98273
MLS® #: 2151553
Active, 729 Days on Market
Listing Office: Real Estate 2000 Inc.
Last Update: 2025-05-17
0
Garages
729
Dom
0.32
Acres
1939
Built
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.
Price & Status History
Date | Details | Change |
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Date: | Details: Status Changed from Pending to Active | – |
Date: | Details: Status Changed from Active to Pending | – |
Date: | Details: Status Changed from Pending Feasibility to Active | – |
Date: | Details: Status Changed from Active to Pending Feasibility | – |
Date: | Details: Price Reduced from $1,200,000 to $1,100,000 | |
Show More (2) | ||
Date: | Details: Status Changed from Pending Feasibility to Active | – |
Date: | Details: Status Changed from Active to Pending Feasibility | – |
Features of 1331 S 2nd Street
MLS® # | 2151553 |
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Price | $1,100,000 |
Bathrooms | 0.00 |
Acres | 0.32 |
Year Built | 1939 |
Type | Commercial Sale |
Sub-Type | Commercial Industrial |
Status | Active |
Community Information
Address | 1331 S 2nd Street |
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Area | 835 - Mount Vernon |
Subdivision | Downtown |
City | Mount Vernon |
County | Skagit |
State | WA |
Zip Code | 98273 |
Amenities
Is Waterfront | No |
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Interior
Fireplace | No |
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Additional Information
Days on Market | 729 |
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Cumulative Days on Market | 729 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Real Estate 2000 Inc. |
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