101 Gates St

    Mount Vernon, WA 98273
    • $1,050,000
    • STATUS: Pending Feasibility
    • ON SITE: 320 days
    • ID#: 1287274
    Under Contract
    UPDATED: 33 min ago
    $1,050,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Muljat Group.

    Description

    Landmark property and opportunity in downtown Mount Vernon. The historic Old Town Grainery building is available for sale. Phenomenal visibility from I-5, centrally located, with long term tenants. There are multiple opportunities to increase the cash flow and revenue to the property. This investment is priced well below reproduction cost. Great owner user or long term investment! Owner terms available!

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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 Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-03-24T00:15:29.497.

    www.resg.com/homes/83325271

    101 Gates St Mount Vernon, WA 98273

    • Price: $1,050,000
    • Status: Pending Feasibility
    • Updated: 33 min ago
    • ID#: 1287274
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    1900
    Built
    Neighborhood:
    Mount Vernon
    County:
    Skagit
    Area:
    Mount Vernon
    Property Description
    Landmark property and opportunity in downtown Mount Vernon. The historic Old Town Grainery building is available for sale. Phenomenal visibility from I-5, centrally located, with long term tenants. There are multiple opportunities to increase the cash flow and revenue to the property. This investment is priced well below reproduction cost. Great owner user or long term investment! Owner terms available!
    Exterior Features

    Foundation Poured Concrete Lot Depth 0 Lot Topography And Vegetation Level Site Frontage 0 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 14 Waterfront Footage 0

    Interior Features

    Building Sq Ft 15631 Office Sq Ft 0 Total Sq Ft Rented 10853

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 8.37 Electrical Expenses 0 EPSEnergy 0 Form17 Provided General Zoning Classification Commercial Gross Adjusted Income 143905 Gross Rent Multiplier 0 Gross Scheduled Income 153090 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Net Operating Income 87350 Other Expenses 40600 Possession Closing Power Service Amps 0 Sewer Sewer Connected Tax Amount 15954 Tax Year 2018 Terms Cash OutConventionalOwner Financing Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 12758 Vacancy Rate 6 Water Sewer Garbage 0 Water Source Public 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 Real Estate Solutions Group - NWRE LLC 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 Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-03-24T00:15:29.497.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Muljat Group.