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415 Pine St Office 415 Pine St 2,961 SF 100% Leased Office Building Mount Vernon, WA 98273 $1,086,805 CAD ($367.04 CAD/SF) 6.70% Cap Rate

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Executive Summary

Downtown Mount Vernon Office | Leased | Covered Parking | Future Redevelopment Well-located office building in the heart of downtown Mount Vernon, offering 2,961 SF of professional office space on a 6,068 SF lot, zoned Central Business (C-1A). Currently occupied by established law Firms, providing in-place income. The property includes approximately 3,096 SF of parking, a rare asset in the downtown core, and enjoys excellent visibility with scenic views of the Skagit River waterfront. The layout is well-suited for continued professional office use. Located within the downtown waterfront influence area, this site benefits from proximity to the Riverwalk Promenade, public parks, dining, and civic amenities. C-1A zoning allows for a wide range of commercial and mixed-use opportunities, aligning with the City’s long-term vision for increased density and river-oriented redevelopment. An attractive opportunity for investors seeking stable income today with future upside potential.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
2,961 SF
Year Built
1976
Price
$1,086,805 CAD
Price Per SF
$367.04 CAD
Cap Rate
6.70%
NOI
$72,816 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,481 SF
Opportunity Zone
Yes
Zoning
C-1A - City
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
P52176
Land Assessment
$233,492 CAD
Improvements Assessment
$644,154 CAD
Total Assessment
$877,646 CAD
  • Listing ID: 39680255

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: 415 Pine St, Mount Vernon, WA 98273

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