720 W Division
Mount Vernon WA 98273
720 W Division
720 W Division Mount Vernon WA 98273
Listing #: 700774 | Status: Available | Last Modified: 3/12/2026 |
For Sale
- Phone:(425) 319-3100
- Email:dave.dnre@gmail.com
- Office Name:Dave Nelson Real Estate
- Office Phone:(425) 319-3100
- Office Website:www.davenelsonrealestate.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 750,000.0
- $/SF$ 143.0
- Listing StatusAvailable
- Days on Market275
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income68,923
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income68,923
- CAP Rate 9.19 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- AnchorRest/bar
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units3
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5244
- Net Rentable Area5244
- Total Office SF
- Largest Contiguous SF
- Lot SF7405
- Acres0.17
- Property TypeRetail
- Office Type
- InvestmentYes
- Building Class
- CountySkagit
- VicinityW Mount Vernon
- Location DescriptionCorner
- Second Address100 S Barker
- Cross StreetBarker
- Market AreaSkagit County
- Tax ID #P54838
- Additional Parcels19dd82a8-6f46-4101-94b5-f
- ZoningC-1B
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ration/a
- Year Built1963
- Year Renovated1978
- Completion Date
- Roof Type
- Construction TypeBrick, Concrete, Framed, Masonry, Wood
West Mt Vernon Bar and Restaurant
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.
Restaurant, Street Retail