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1621 Freeway Drive Mount Vernon, WA $ 1,275,000
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$ 1,275,000 Get more info
1621 Freeway Drive
$ 1,275,000
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Share Save

1621 Freeway Drive

Mount Vernon, WA, 98273
$ 1,275,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,954

Listed by Torre Realty
1621 Freeway Drive, Mount Vernon, WA 98273 - Image 1
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Commercial Property for sale in Mount Vernon, WA

for $1,275,000. This building was built in 1984 on a lot size of 0.2679.

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!

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Commercial Active

Price

$ 1,275,000

Property Type

Commercial

Taxes

$ 9,338

Style

Comm Bldg Und 10K

Lot Size

0.2679

Year Built

1984

Town/City

Mount Vernon

County/Region

Skagit

MLS | Web ID

2379823
Features
General
Living Area 0
Sewer Sewer Connected
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1984
Topography Level
Property Subtype Commercial Industrial
Tax Year 2024
County Skagit
Net Operating Income 74441
Insurance Expense 1243
Property Type Commercial Sale
HOA N
Subdivision Name Mount Vernon
Possible Use Commercial
Building Features Signage Included Storage
Special Listing Conditions None
Status Active
Directions From I-5 West on College to property
City Mount Vernon
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 18
MLS Area 835 - Mount Vernon
Lot Size Units Square Feet
Lot Size Square Feet 11671
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing
Tax Annual Amount 9338
Public Remarks 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 v
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Skagit PUD
Total Actual Rent 10200
Water Sewer Garbage 7168
Property Style 60 - Comm Bldg Und 10K
Cap Rate 6
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Exterior
Exterior Amenities Cement/Concrete
Water Source Community
Total Parking 18
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 116 x 100
Lot Size Acres 0.2679
Irrigation Water Rights Y/N N
Parking Uncovered Total 18
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Interior
Flooring Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2379823
Street Number 1 1621
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* Excluded Features
List By
Elena Pike

Listing Agent

Torre Realty

Broker

Affordability Calculator

$8,733
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,954
Monthly Property Taxes
$778
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/4/2025$1,275,000 -1.85% Price Down
6/13/2025$1,299,000 Listed Price

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1621 Freeway Drive, Mount Vernon, WA, 98273 is a Commercial Property for sale at $1,275,000 with a lot size of 0.2679. 1621 Freeway Drive was built in 1984. The property's zip code is 98273 which is in Mount Vernon, WA

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