1300 E College Wy

    Mount Vernon, WA 98273
    • $2,000,000
    • STATUS: Pending Feasibility
    • ON SITE: 31 days
    • ID#: 1532075
    Under Contract
    UPDATED: 52 min ago
    $2,000,000
    • 0
      BEDS
    • 0.66
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Windermere Real Estate Whatcom.

    Description

    This property has prime location on the S. side of College Wy. Just E. of controlled intersection at continental place - over 35000 cars per day. PapaMurpey's is the anchor tenant with 8 other tenants. Small spaces rent easily at this location. This site has a history of stable occupancy, and is a low risk liquid investment with two titles. College Wy is the main arterial for Mt Vernon traffic and is on the going home side of the street, as well as Hwy 9, Hwy 20, E Mt Vernon, Sedro Woolley, etc.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-17T21:14:25.173.

    www.home4investment.com/homes/99991638

    1300 E College Wy Mount Vernon, WA 98273

    • Price: $2,000,000
    • Status: Pending Feasibility
    • Updated: 52 min ago
    • ID#: 1532075
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.66
    Acres
    1990
    Built
    Neighborhood:
    Mount Vernon
    County:
    Skagit
    Area:
    Mount Vernon
    Property Description
    This property has prime location on the S. side of College Wy. Just E. of controlled intersection at continental place - over 35000 cars per day. PapaMurpey's is the anchor tenant with 8 other tenants. Small spaces rent easily at this location. This site has a history of stable occupancy, and is a low risk liquid investment with two titles. College Wy is the main arterial for Mt Vernon traffic and is on the going home side of the street, as well as Hwy 9, Hwy 20, E Mt Vernon, Sedro Woolley, etc.
    Exterior Features

    Foundation Poured Concrete Lot Depth 220 Lot Topography And Vegetation Level Site Frontage 129 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 55 Waterfront Footage 0

    Interior Features

    Building Sq Ft 10100 Floor Covering Ceramic TileVinylWall to Wall Carpet Heating And Cooling Heat Pump90%+ High Efficiency Office Sq Ft 10050 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 611600 Assessed Value Land 301300 Assessed Value Total 912900 Assessed Value Year 2019 Available Pads 0 Bank Owned No Boundary Survey 6.00 Cap Rate Y Commercial Features Signage IncludedStorageJ Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Expansion Area N Form17 Provided Free And Clear N General Zoning Classification BusinessFarm & RanchOfficeRetail Gross Adjusted Income 117961 Gross Rent Multiplier 161 Gross Scheduled Income 124170 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Lot Number A & B Net Operating Income 111849 Other Expenses 0 Possession ClosingNegotiableSub. Tenant's Rights Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Tax Amount 0 Tax Year 2019 Third Party Approval Required None Total Expenses EXP 6112 Total Expenses TEX 6112 Total Monthly Rent 0 Vacancy Rate 5 Water Company Skagit Pud Water Sewer Garbage 0 Water Source Community Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-17T21:14:25.173.

     
    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Windermere Real Estate Whatcom.