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Listing Firm: Dave Nelson Real Estate: Dave Nelson

Bought With: Dave Nelson Real Estate : Dave Nelson

SOLD On June 30, 2022
NWMLS # 1865671

$650,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

720 W Division Street , Mount Vernon, WA 98273

Listings with the three tree icon are courtesy of NWMLS

About This Property

Single Story Mid Century Brick Commercial Building with plenty of street parking on busy W Division St. Long time Tenant of 17 years. Building has 3 meters for 3 different tenants. Recently updated HVAC. Newer torchdown roof with 9 years left on the warranty. Current owner will sign 5 year lease of the 3rd unit. 2018 Traffic studies show 18,000 vehicles on W Division St per day. This building is an excellent investment at a 9% cap rate. Tenants pay all taxes, insurance, maintenance, and utilities.

Buyer's Agent: Dave Nelson • Dave Nelson Real Estate

Listed by: Dave Nelson • Dave Nelson Real Estate

Aris360 Last Checked: Just Now (May 24, 2025 10:36 AM)

  • Source: NWMLS as Distributed by MLS Grid #1865671

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Division
  • Zip/Postal Code: 98273
  • City: Mount Vernon

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$3,847 per month
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Property Features

  • County
    • Mount Vernon
  • Community
    • 835 - Mount Vernon
  • MLS Area
    • 835 - Mount Vernon
  • Longitude
    • -122.344472
  • Latitude
    • 48.421373
  • Directions
    • From I-5 take exit 226 onto Highway 536, west across the Skagit River. Property will be on the left on the corner of Barker & W Division (also known as 536).

  • Interior
    • Forced Air
    • Concrete
  • Floors
    • Concrete
    • Vinyl
  • Power Production Type
    • Electric
    • Natural Gas
  • Furnished
    • Unfurnished

  • Style
    • 60 - Comm Bldg Und 10K
  • Foundation
    • Poured Concrete,
    • Slab,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Brick
    • Wood Products
  • Roof
    • Built-Up,
    • Torch Down,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • City of Mount Vernon
  • Building Total Area (Sq. Ft.)
    • 7200
  • Utilities
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,

  • Possession
    • Tenant's Rights,
    • Closing,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2021
  • Structure Type
    • Land,
  • Year Built
    • 1963
  • Effective Year Built
    • 1978
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat May 24 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

May 24, 2025 10:36 AM