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2024 E College Way - College Way Commercial Lot 0.83 Acres of Commercial Land Offered at $495,000 in Mount Vernon, WA 98273
Investment Highlights
- 20,000 VPD, Close to College
Executive Summary
This 0.83-acre parcel at 2024 E College Way offers a prime position for commercial development in one of Mount Vernon’s most traveled corridors. Strategically located along College Way just west of the Skagit Valley College campus, the property benefits from excellent visibility and approximately 20,000 vehicles per day, reinforcing its appeal for retail or professional office uses. The parcel is level and cleared, with utilities readily accessible along College Way, simplifying future construction and reducing upfront development costs for an owner or investor.
The site’s C-2 zoning (Commercial) supports a broad array of commercial uses, aligning well with surrounding businesses and consumer services. Positioned less than half a mile from major intersections and arterial routes, this location is seamlessly connected to Interstate 5 and the central Mount Vernon trade area. The property lies within an Opportunity Zone, offering federal tax advantages for qualifying investors. With strong traffic counts, adjacency to educational institutions, and a growing regional market, this site delivers advantageous conditions for establishing a high-profile business presence or securing long-term investment potential.
The site’s C-2 zoning (Commercial) supports a broad array of commercial uses, aligning well with surrounding businesses and consumer services. Positioned less than half a mile from major intersections and arterial routes, this location is seamlessly connected to Interstate 5 and the central Mount Vernon trade area. The property lies within an Opportunity Zone, offering federal tax advantages for qualifying investors. With strong traffic counts, adjacency to educational institutions, and a growing regional market, this site delivers advantageous conditions for establishing a high-profile business presence or securing long-term investment potential.
Property Facts
| Price | $495,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.83 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C-2 | ||
| Price | $495,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.83 AC |
| Opportunity Zone |
Yes |
| Zoning | C-2 |
1 Lot Available
Lot
| Price | $495,000 | Lot Size | 0.83 AC |
| Price Per AC | $596,385.54 |
| Price | $495,000 |
| Price Per AC | $596,385.54 |
| Lot Size | 0.83 AC |
Prime commercial property for retail or office use on College Way just west of the intersection of College Way and Laventure Road. The lot is flat and ready for your project. Utilities are along College Way. Skagit Valley College is two blocks East.
Description
Commercial building lot on College Way just West of Skagit Valley College. The lot is level and ready for your project. Utilities are along College Way. Vehicle trips per day are approx. 20,000. Commercial C-2 Zoning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | P25666 | Improvements Assessment | $0 |
| Land Assessment | $325,300 | Total Assessment | $325,300 |
Property Taxes
Parcel Number
P25666
Land Assessment
$325,300
Improvements Assessment
$0
Total Assessment
$325,300
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2024 E College Way - College Way Commercial Lot
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