1331 S 2nd Street (Status: Pending) 1100000

1331, 2nd St, Mount Vernon, WA  98273

Seize an extraordinary opportunity to own a trio of diverse and lucrative commercial investments, all nestled within a single, strategically positioned building. Encompassing a substantial 13,769 square feet lot, the property accommodates a spacious 2,612 square feet Building. Conveniently situated within Mount Vernon’s bustling downtown corridor, this coveted property showcases a meticulously maintained convenience store, an enticing Indian restaurant which leases for $2,000 a month, and a profitable rental apartment which leases for $1,000 a month. Both leases are additional income to the P&L $185,000 Gross Income giving it a 20.12% Cap Rate!Upgrades include the addition of a modern commercial-grade kitchen and a dedicated sanitation area, enhancing the property’s appeal and functional

Listing Details

Asset Class: Retail
Year Built: 1939
Building Total Square Feet: 2612
Available Lease Space Square Feet: 2612
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: C-2

Listing Courtesy of: Real Estate 2000 Corp.

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.