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720 W Division
720 W Division Mount Vernon WA 98273
Listing #: 700774 | Status: Available | Last Modified: 3/12/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 68,923 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 68,923 |
| CAP Rate | 9.19 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Anchor | Rest/bar |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| # of Units | 3 |
| # of Elevators | 0 |
| Total Building SF | 5,244 SF |
| Net Rentable Area | 5,244 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 7,405 SF |
| Acres | 0.17 |
| Year Built | 1963 |
| Year Renovated | 1978 |
| Construction Type | Brick, Concrete, Framed, Masonry, Wood |
| Property Type | |
|---|---|
| Property Type | Retail |
| Investment | Yes |
| Location | |
|---|---|
| County | Skagit |
| Vicinity | W Mount Vernon |
| Location Description | Corner |
| Second Address | 100 S Barker |
| Cross Street | Barker |
| Market Area | Skagit County |
| Tax ID # | P54838 |
| Zoning | C-1B |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 0 |
| Total Parking Spots | 0 |
| Parking Ratio | n/a |
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
720 W Division
720 W Division Mount Vernon WA 98273
Listing #: 700774 | Status: Available | Listing Date: 8/1/2025 | Last Modified: 3/12/2026 | Email Listing
