$1,350,000
1615 Buck Way, Mount Vernon, WA 98273
Favorite
Email

MLS #2555069 / Listing provided by NWMLS .

$1,350,000

1615 Buck Way
Mount Vernon, WA 98273

Active 20 hours ago
1985
Year Built

Exceptional opportunity to acquire a fully leased commercial office building in the heart of Mount Vernon, Washington. This well-maintained investment property offers stable cash flow with established, long-term tenants and lease terms extending through 2029 and 2031, providing investors with dependable income and reduced leasing risk. The building has been used as a Real Estate office and Mortgage company since 1999. At a 7% capitalization rate, this property is ideal for investors seeking a passive commercial real estate investment, 1031 exchange replacement property, or a quality addition to an existing investment portfolio. The property’s strong occupancy history and reliable tenancy create an excellent opportunity for both experienced and first-time commercial investors. Situated on College way the property has great exposure with approximately 20,000 vehicles driving by daily. It has convenient access to Interstate 5, downtown Mount Vernon, healthcare facilities, professional services, restaurants, and regional employers. Its strategic location enhances tenant retention while providing excellent accessibility for employees and clients alike. Whether you’re looking to expand your portfolio with an income-producing office building, secure a commercial investment property in Mount Vernon, or complete a 1031 exchange, this offers the stability, cash flow, and long-term value investors seek. Parking lot recently paved

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Parking Total: 24
  • Total Uncovered Parking Spaces: 24

Structure

  • Roof: Torch Down
  • Exterior Features: Stucco
  • Foundation: Slab

Lot Details

  • Acres: 0.52
  • Foundation: Slab
Area Features

Lot Details

  • Acres: 0.52
  • Foundation: Slab
Utilities

Power

  • Energy Source: Electric, Natural Gas
  • Power Company: PSE

Water, Sewer, and Garbage

  • Sewer Company: City of Mount Vernon
  • Sewer: Sewer Connected
  • Water Company: PUD
  • Water Source: Public
  • Water, Sewer, and Garbage: 4295
Mortgage Calculator
Key2See Team

Key2See Team
Broker | REALTOR®

Send Key2See Team an email