1805 Cleveland Ave - 1805 Cleveland Ave. - Opportunity Zone
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1805 Cleveland Ave - 1805 Cleveland Ave. - Opportunity Zone
0.29 Acres of Residential Land Offered at $415,000 in Mount Vernon, WA 98273
Investment Highlights
- Flat lot within City lots
- Multiple uses from Church to possible multi family
- Approx. 2.654 SF bldg
Executive Summary
Prime investment property within the city limits. Recent use has been a gathering hall and future uses range from church to possible multi family development. Large commercial kitchen, meeting area, classroom, restrooms and good parking. Close to downtown Mount Vernon, Skagit County Fair Grounds and I-5.
Located in the Opportunity Zone south of Downtown MV, this parcel has numerous possibilities with the approx. 2,654 SF existing building (currently used as a meeting hall) and the potential for multi family construction.
Land is approx. 12,660 SF
Zoned | R-1, 7.0
(7.26 DU/Acre)
Located in the Opportunity Zone south of Downtown MV, this parcel has numerous possibilities with the approx. 2,654 SF existing building (currently used as a meeting hall) and the potential for multi family construction.
Land is approx. 12,660 SF
Zoned | R-1, 7.0
(7.26 DU/Acre)
Property Facts Under Contract
| Price | $415,000 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 0.29 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $415,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.29 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $415,000 | Lot Size | 0.29 AC |
| Price Per AC | $1,431,034 |
| Price | $415,000 |
| Price Per AC | $1,431,034 |
| Lot Size | 0.29 AC |
Flat lot of approx. .29 acres in the Mount Vernon City limits. Site contains an approx. 2,654 SF building most recently used as a gathering hall.
Description
Current approx. 2,654 SF meeting hall with large kitchen, meeting area, good parking and numerous uses. Close to downtown Mount Vernon, Skagit County Fair Grounds and I-5
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PROPERTY TAXES
| Parcel Number | P53470 | Improvements Assessment | $56,200 |
| Land Assessment | $123,400 | Total Assessment | $179,600 |
PROPERTY TAXES
Parcel Number
P53470
Land Assessment
$123,400
Improvements Assessment
$56,200
Total Assessment
$179,600
zoning
| Zoning Code | R-1,7.0 (7.26 DU/Acre (current)) |
| R-1,7.0 (7.26 DU/Acre (current)) |
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1805 Cleveland Ave - 1805 Cleveland Ave. - Opportunity Zone
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