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1903 Freeway Dr
2.4 Acres of Commercial Land Offered at $2,100,000 in Mount Vernon, WA 98273
Investment Highlights
- Land ideal for commercial uses including retail and hotel.
- Excellent location adjacent to Lowe's Home Improvement and other commercial uses. Land fronts Freeway Drive providing excellent exposure and access.
- Up to 3.71 acres available. Mostly flat topography with available city offsite stormwater retention.
Executive Summary
• Address: 1903 Freeway Drive, Mount Vernon, WA 98273
• Parcel #: P26246
West Parcel Southeast Parcel Middle North Parcel
Northeast Parcel
2.40 Acres
(104,720 SF = 272’ x 385’)
1.03 Acres
(44,847 SF = 151’ x 297’)
0.28 Acres
(12,181 SF)
Not Available
For Sale / For Lease - over 3 acres of commercial property.
Ideal Mount Vernon location fronting Freeway Drive.
Adjacent to Lowes Hardware Store.
Property Highlights
• Topography mostly flat.
• Stormwater retention offsite on adjacent city property.
• Quick access to Interstate 5.
• Excellent visibility from Freeway Drive.
• Adjacent to retail, restaurants, and hotels.
• Proposed parcels are subject to short plat subdivision.
• C-2 zoning designation in City of Mount Vernon allows for flexible uses.
A summary of permitted uses in the C-2 zoning district are as follows:
Retail stores.
Offices, banks, and financial institutions. Hotels, motels and lodging houses.
Eating and drinking establishments.
Theaters, bowling alleys, skating rinks and other entertainment uses.
Outside sales of vehicles, boats, mobile homes or equipment.
Drive-in banks.
Gasoline service stations and automobile repair garages.
Self-Storage use is permitted as an accessory use.
Uses that are not permitted include the following:
Multifamily and Auto-Wrecking.
Sale, rental, and leasing of passenger cars and trucks are currently not allowed per Right of
Exclusive Use agreement.
Property Facts
| Price | $2,100,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.40 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,100,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.40 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot P26246
| Price | $2,100,000 | Lot Size | 2.40 AC |
| Price Per AC | $875,000 |
| Price | $2,100,000 |
| Price Per AC | $875,000 |
| Lot Size | 2.40 AC |
Property Highlights • Topography mostly flat. • Stormwater retention offsite on adjacent city property. • Quick access to Interstate 5. • Excellent visibility from Freeway Drive. • Adjacent to retail, restaurants, and hotels. • C-2 zoning
Description
For Sale / For Lease - over 3 acres of commercial property. Ideal Mount Vernon location fronting Freeway Drive. Adjacent to Lowes Hardware Store. Property Highlights • Topography mostly flat. • Stormwater retention offsite on adjacent city property. • Quick access to Interstate 5. • Excellent visibility from Freeway Drive. • Adjacent to retail, restaurants, and hotels. • Proposed parcels are subject to short plat subdivision. • C-2 zoning designation in City of Mount Vernon allows for flexible uses. A summary of permitted uses in the C-2 zoning district are as follows: Retail stores. Offices, banks, and financial institutions. Hotels, motels and lodging houses. Eating and drinking establishments. Theaters, bowling alleys, skating rinks and other entertainment uses. Outside sales of vehicles, boats, mobile homes or equipment. Drive-in banks. Gasoline service stations and automobile repair garages. Self-Storage use is permitted as an accessory use. Uses that are not permitted include the following: Multifamily and Auto-Wrecking. Sale, rental, and leasing of passenger cars and trucks are currently not allowed per Right of Exclusive Use agreement.
PROPERTY TAXES
| Parcel Number | P26246 | Improvements Assessment | $0 |
| Land Assessment | $492,200 | Total Assessment | $492,200 |
PROPERTY TAXES
zoning
| Zoning Code | C-2 (C-2, City of Mount Vernon, provides flexible zoning for commercial uses including retail, auto/boat sales, and hotels.) |
| C-2 (C-2, City of Mount Vernon, provides flexible zoning for commercial uses including retail, auto/boat sales, and hotels.) |
-
Wyk Parker -
NAI Puget Sound Properties
Presented by
1903 Freeway Dr
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