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Jerry's Grocery

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Jerry's Grocery

1331 S 2nd St, Mount Vernon, WA 98273
Retail For Sale Available Built 1939 1 floors Zoning: C-2
Asking Price
$999,000
Total Building2,612 SF
Available2,612 SF avail
Land13,765 SF land
ConstructionConcrete
MarketSkagit County
CountySkagit

Read Overview
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Overview

Property ID
291345
Listing ID
670448
Type
Retail
Asset Class
Retail
Zoning
C-2

Description

2024 Actual FinancialsGross Income: $665,123 | Net Income: $201,391 | CAP Rate: 18.31%Seize an extraordinary opportunity to own a trio of diverse and lucrative commercial investments, all nestled within a single, strategically positioned building. Encompassing a substantial 13,769 square feet lot, the property accommodates a spacious 2,612 square feet Building. Conveniently situated within Mount Vernon's bustling downtown corridor, this coveted property showcases a meticulously maintained convenience store, an enticing Mexican restaurant which leases for $2,200 a month, and a profitable rental apartment which leases for $1,000 a month. Upgrades include the addition of a modern commercial-grade kitchen and a dedicated sanitation area, enhancing the property's appeal and functionality.

Listing Courtesy of:

DH
David Hilbert
Real Estate 2000 Corp.
6320 Evergreen Way Ste. 211,
Everett, WA 98203-4565
State: WA City: Mount Vernon ZIP: 98273 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.