205 W Stewart St $5,900,000

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    205 W Stewart St Mount Vernon, WA 98273

    • 1.70 Acres
    • Commercial/Industrial
    Listing# 1444432 | Active

    $5,900,000

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    Days On Market: 151 1 Views
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    Property Details

    Nearly fully occupied office building across the street from Super Wal-Mart, FarmStrong brewery, and the Skagit regional medical center, this building features plentiful parking and over 300 feet of retail or office frontage. A diverse tenant mix including Anytime Fitness, a State agency, Medical, Church, and miscellaneous office use makes this a great investment. A recent remodel by renowned local architect including all new parking surfaces, exterior, signage and more was completed in 2010.

    • General Features
      • County Skagit
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 73-Office
      • Approx Building SqFt 24,684
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 98
      • Total Covered Parking 0
    • Building Features
      • Exterior Cement/Concrete, Metal/Vinyl
      • Foundation Poured Concrete, Slab
      • Roof Torch Down
      • Heating and Cooling Forced Air, Heat Pump
    • Property Features
      • Lot Square Footage 74,042
      • Depth of Lot 263
      • Site Frontage 268
      • Expansion Area N
      • Environment Survey Y
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company Skagit PUD
      • Energy Source Electric, Natural Gas
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 24,684
      • Total Monthly Rent $37,345
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $485,532
      • Gross Adjusted Income $475,824
      • Total Expenses $105,369
      • NOI $380,162
      • Electrical Expenses $0
      • Tax Expense $36,497
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2018

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    Neighborhood

    98273 (Mount Vernon) Demographics

    35Median Age
    357Population Density (per sq. mile)
    31%College Educated
    $51,613 Estimated Median Income
    6,419Estimated Total Home Owners
    4,172Estimated Total Renters
    61% / 39%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    29,994Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $375,000 Median Sales Price
    36 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $5,900,000
        4/23/2019 1:01:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.