1200 W Division St

    Mount Vernon, WA 98273
    • $1,495,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 1255522
    UPDATED: 48 min ago
    $1,495,000
    • 0
      BEDS
    • 1.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Brown Mcmillen Real Estate.

    Description

    70,131 Square foot commercially zoned site with 3,868 SF building in front leased to Lost & Found Classic Car Company, and 5,336 SF building in rear leased to Westside Motors for car sales, and Black Market Speed for auto repairs. Has 290 feet of level frontage on the Memorial Highway and there is paved parking for approximately 300 vehicles per owner's estimate. Good investment property with gross rents of $10,100 monthly with current tenants.

    Monthly Payment Calculator

    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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-24T21:15:51.517.

    www.nwhomeexperts.com/homes/81408623

    1200 W Division St Mount Vernon, WA 98273

    • Price: $1,495,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 1255522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.61
    Acres
    1958
    Built
    Neighborhood:
    Mount Vernon
    County:
    Skagit
    Area:
    Mount Vernon
    Property Description
    70,131 Square foot commercially zoned site with 3,868 SF building in front leased to Lost & Found Classic Car Company, and 5,336 SF building in rear leased to Westside Motors for car sales, and Black Market Speed for auto repairs. Has 290 feet of level frontage on the Memorial Highway and there is paved parking for approximately 300 vehicles per owner's estimate. Good investment property with gross rents of $10,100 monthly with current tenants.
    Exterior Features

    Building Condition Good Construction Methods Standard Frame Exterior Cement/ConcreteWood Foundation Poured ConcreteSlab Lot Depth 300 Lot Dimensions Irregular Roof CompositionTorch Down Site Frontage 290 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 3 Total Uncovered Parking Spaces 300 Waterfront Footage 4000

    Interior Features

    Building Sq Ft 9204 Floor Covering ConcreteWall to Wall Carpet Heating And Cooling BaseboardForced Air Office Sq Ft 5204 Total Sq Ft Rented 9204

    Property Features

    Assessed Value Improvements 455600 Assessed Value Land 340100 Assessed Value Total 795700 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 6.00 Cap Rate Y Commercial Features Disabled AccessSignage Included Electrical Expenses 3600 Energy Source ElectricNatural Gas Environment Survey N EPSEnergy 0 Expansion Area Y Form17 Provided Free And Clear N General Zoning Classification Commercial Gross Adjusted Income 115140 Gross Rent Multiplier 0 Gross Scheduled Income 121200 Heating Expenses 3000 Hers Index 0 Home Owner Dues 0 Insurance Expenses 9000 Net Operating Income 82522 Other Expenses 0 Possession Sub. Tenant's Rights Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Mount Vernon Tax Amount 13190 Tax Year 2018 Third Party Approval Required None Total Expenses EXP 32618 Total Expenses TEX 32618 Total Monthly Rent 10100 Vacancy Rate 5 Water Company Skagit Pud Water Sewer Garbage 3828 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 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 NW Home Experts 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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-24T21:15:51.517.

     
    NW Home Experts
    1217 Cooper Point Road SW # 5
    Olympia WA, 98502
    Listing Courtesy of Brown Mcmillen Real Estate.