720 W Division

720 W Division

720 W Division, Mount Vernon, WA 98273

Retail For Sale Available Built 1963 1 floors Zoning: C-1B

Asking Price

$750,000

Total Building5,244 SF

Land7,405 SF land

ConstructionBrick,Concrete,Framed,Masonry,Wood

MarketSkagit County

CountySkagit

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Overview

Property ID

256795

Listing ID

700774

Type

Retail

Asset Class

Retail

Zoning

C-1B

Description

West Mt Vernon bar and restaurant on the main street (W Division/SR536). Bar and Restaurant operated by Tenant with a NNN Lease. Tenant wants to renew the lease. 9.19% cap rate. Excellent opportunity for future rent increases. Recent electrical and roofing repairs. 3 rental units all rented to the same Tenant. 3 Meters, natural gas, internet, city water and sewer.

Location

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Listing Courtesy of:

Dave Nelson

Dave Nelson Real Estate
5607 164th St NW,
Stanwood, WA 98292

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.