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1503 Riverside Dr 3,275 SF Retail Building Mount Vernon, WA 98273 $950,000 ($290.08/SF)



Investment Highlights
- High-traffic location at College Way and Riverside Drive, a major Mount Vernon intersection.
- Former bank facility with existing drive-thru capability and flexible interior layout.
- Two-story design with open first-floor plan and multiple private offices for configuration options.
- C-2 zoning supports a wide range of commercial uses, including retail and office.
- Located minutes from Interstate 5 and surrounded by retail, dining, and service amenities.
Executive Summary
Prominently positioned at the intersection of College Way and Riverside Drive—one of the busiest crossroads in Skagit County—the property’s C-2 zoning supports a variety of potential commercial applications. Its 0.57-acre parcel provides ample space for parking and possible site enhancements, while visibility and accessibility from major arterial routes ensure strong customer exposure.
Ideal for an owner-user or investor seeking a highly accessible location, the asset is minutes from Interstate 5, regional shopping centers, and Mount Vernon’s downtown hub. Offered at $950,000, this property blends convenience, adaptability, and a high-traffic location in a growing Washington market.
Property Facts
Amenities
- Banking
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former Drive-Thru Bank can be used for Retail or Office. Building has an open layout on the first floor and one private office. Second floor has one private office and storage area. Lot size estimated at 0.57 Acres/24,824 SF. Building is zoned C-2 which includes Restaurants, Office and amny other uses. It's located near the corner of E. College Way and Riverside Dr. One of the busiest intersections in Mt. Vernon.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,190 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 3,190 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 3,190 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former Drive-Thru Bank can be used for Retail or Office. Building has an open layout on the first floor and one private office. Second floor has one private office and storage area. Lot size estimated at 0.57 Acres/24,824 SF. Building is zoned C-2 which includes Restaurants, Office and amny other uses. It's located near the corner of E. College Way and Riverside Dr. One of the busiest intersections in Mt. Vernon.
Nearby Major Retailers
Property Taxes
| Parcel Number | P26291 | Improvements Assessment | $246,800 |
| Land Assessment | $357,500 | Total Assessment | $604,300 |
Property Taxes
Presented by
Red Rock Real Estate
1503 Riverside Dr
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