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404 S 3rd St 5,500 SF Retail Building Mount Vernon, WA 98273 $460,000 ($83.64/SF) 5.50% Cap Rate
Executive Summary
Sale of building/property housing the Skagit River Brewery. Business is for sale but separate listing, 2 different owners.
Sellers would prefer to sell business and real estate together.
Sellers would prefer to sell business and real estate together.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1918/1979
Price
$460,000
Price Per SF
$83.64
Cap Rate
5.50%
NOI
$25,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.66
Lot Size
0.19 AC
Opportunity Zone
Yes
Frontage
130’ on Washington 536
Amenities
- Corner Lot
- Freeway Visibility
- Metro/Subway
- Signage
Walk Score®
Very Walkable (89)
Nearby Major Retailers
Property Taxes
| Parcel Number | P52087 | Improvements Assessment | $250,400 |
| Land Assessment | $182,500 | Total Assessment | $432,900 |
Property Taxes
Parcel Number
P52087
Land Assessment
$182,500
Improvements Assessment
$250,400
Total Assessment
$432,900
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404 S 3rd St
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