For more information on this listing, please contact...
Janene Mapes
206-417-2800
Email
  • Listing #:
    • 1258199
  • Price:
    • $5,900,000
  • Status:
    • Active
  • Property Type:
    • Commercial
  • Type:
    • Office
  • # of Acres:
    • 1.70
  • Lot Sq.Ft.:
    • 74,042
  • Year Built:
    • 1985
  • Address:
    • 205 W Stewart St
  • Community:
    • Mount Vernon
  • City:
    • Mount Vernon
  • County:
    • Skagit
  • State:
    • WA
  • Zip:
    • 98273
  • Terms:
    • Assumable
  • Right of 1st Refusal:
    • No
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Description
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.
Property Features
  • Misc Details
    • Boundary Survey:
      • - Yes
    • Environment Survey:
      • - Yes
    • Free And Clear:
      • - N
    • Form 17:
      • - Not Provided
  • Assessments
    • Year Value Assessed:
      • - 2018
    • Total Assessed Value:
      • - $2,187,600.00
  • Tax Details
    • Tax Year:
      • - 2018
    • Tax Expense:
      • - $36,497.00
  • Income / Expenses
    • Cap Rate -NOI Div LP:
      • - 0.00
    • Net Operating Costs:
      • - $380,162.00
    • Total Expenses:
      • - $105,369.00
    • Total Expenses:
      • - $105,369.00
    • Total Monthly Rent:
      • - $37,345.00
    • Total Monthly NNN:
      • - $3,116.00
    • Gross Scheduled Income:
      • - $485,532.00
    • Gross Adjusted Income:
      • - $475,824.00
  • Parking
    • Total Uncovered Parking:
      • - 98
  • Build Sq Ft
    • Approx. Building Sq. Ft.:
      • - 24,684.00
    • Total Square Feet Rented:
      • - 24684
  • Building Details
    • Building Condition:
      • - Very Good
  • Building Details
    • Heating And Cooling:
      • - Forced Air
      • - Heat Pump
    • Foundation:
      • - Poured Concrete
      • - Slab
    • Exterior:
      • - Cement / Concrete
      • - Metal / Vinyl
    • Roof:
      • - Torch Down
    • Construction Methods:
      • - Standard Frame
  • Lot Details
    • Depth Of Lot:
      • - 263
    • Site Frontage:
      • - 268
  • Land Details
    • Expansion Area:
      • - No
    • Topography:
      • - Level
  • Utilities
    • Energy Source:
      • - Electric
      • - Natural Gas
    • Power Company:
      • - Pse
    • Sewer:
      • - Sewer Connected
    • Sewer Company:
      • - Skagit Pud
    • Water Company:
      • - Skagit Pud
    • Water Source:
      • - Public
  • Zoning
    • General Zoning Classification:
      • - Commercial
    • Zoning Jurisdiction:
      • - City
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For more information on this listing, please contact...
Janene Mapes
206-417-2800
Email
68490

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