1621 Freeway Drive, Mount Vernon, Washington 98273

WA, Mount Vernon
$1,270,000
  • 0.27 Acre
  • Commercial Sale Property Type
  • 1984 Year Built
  • Active Status
Property Description

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!

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2379823
  • Price: $1,270,000
  • Year Built: 1984
  • Lot Area: 0.27 Acre
  • Status: Active
  • Office Name: Torre Realty
  • Agent Name: Elena Pike
  • Property Sub Type: Commercial Industrial
  • Roof: Composition
Features
  • Heating System Heat Pump
  • Cooling System Heat Pump
  • Exterior Features Cement/Concrete
  • Flooring Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Skagit
  • City Mount Vernon
  • Zipcode 98273
  • Street: Freeway
  • Street Number: 1621
  • Street Suffix: Drive
  • Longitude: W123° 39' 21.2''
  • Latitude: N48° 26' 6.3''
  • Directions: From I-5 West on College to property
  • Mls Area Major: 835 - Mount Vernon
Additional Information
  • Lot Size Dimensions: 116 x 100
  • Water Source: Community
  • Possible Use: Commercial
  • On Market Date: 2025-06-13
  • Number Of Units Total: 18
  • Foundation Details: Poured Concrete
  • Construction Materials: Cement
Financial
  • Tax Annual Amount: 9338
Listing Information
  • List Agent Mls Id: 104427
  • List Office Mls Id: 3386
  • Listing Term: Cash Out,Conventional,Owner Financing
  • Mls Status: Active
  • Modification Timestamp: 2026-02-05T18:58:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-06-13T17:15:34Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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