701 S 1st Street, Mount Vernon, WA 98273

Mount Vernon
Local realty services provided by:Knipe 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

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:October 11, 2026 at 08:44 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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 11, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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