701 S 1st Street, Mount Vernon, WA 98273

Mount Vernon
Local realty services provided by:Imagine Realty ERA Powered
Listed by: dominic pettruzzelli
Office: pettruzzelli inc
MLS#:2550902
Source:NWMLS
701 S 1st Street,Mount Vernon, WA 98273
$2,300,000
  • - Beds
  • - Baths
  • 13,100 sq. ft.
  • Multi-family
  • Pending Feasibility

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$175.57

About this home

Fantastic investment opportunity in prime downtown Mount Vernon location. Fully rented, this 13,000 square foot property features a beloved, long-term retail tenant on the main floor with ample living space above. On the second floor you'll find a mix of 18 rental units which include full apartments and individual rooms along with communal kitchen, restrooms, and coin operated laundry. These units offer a great opportunity for low income housing and are in great demand. Located in the heart of downtown, this historic building is within easy walking distance of the Skagit Riverwalk, grocery stores, restaurants, the Lincoln Theatre, summer concerts, farmers markets, shops, and everything downtown Mount Vernon offers.

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Home facts

  • Year built:1908
  • Subdivision & Development:Downtown
  • Listing ID #:2550902
  • Updated:August 25, 2026 at 08:28 AM

Rooms and interior

  • Flooring:Vinyl Floor
  • Living area:13,100 sq. ft.

Heating and cooling

  • Heating:Radiators

Structure and exterior

  • Roof:Flat Roof, Torch Down
  • Year built:1908
  • Building area:13,100 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Cement/Concrete Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$175.57
  • Tax amount:$12,015 (2026)

Features and amenities

  • Amenities:High Speed Internet
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