Auction Information
18 Acres in Mount Vernon, WA
PUBLISHED RESERVE: $1,250,000
LAST ASKING: $1,750,000
SIZE: 18± Acres
ELEVATION: 76± Feet
ZONING: Mixed Zoning-4± acres to the north zoned Commercial (C-2) and 14± acres to the south zoned R-3 (Residential)
PROPERTY INSPECTION: At Any Time
FINANCING: Subject to Seller's approval of Purchaser's credit: A 30% down payment with the balance secured by a first deed of trust, amortized over 15 years at 6.75% interest, calling for monthly payments of principal and interest; all due and payable at the end of 5 years.
DESCRIPTION: This commercial development property is located near the east end city limits of Mount Vernon. The property is encumbered on the south by a small creek surrounded by wetlands. Permits have been submitted to the U.S. Army Corps of Engineers to leave much of the area as a permanent open space, with 4.3± acres along College Way to be available for development. Commen...
DESCRIPTION: This commercial development property is located near the east end city limits of Mount Vernon. The property is encumbered on the south by a small creek surrounded by wetlands. Permits have been submitted to the U.S. Army Corps of Engineers to leave much of the area as a permanent open space, with 4.3± acres along College Way to be available for development. Comments from the U.S. Army Corps of Engineers are expected in October, with approval expected within 6-8 months. Closing of this transaction will be subject to these approvals being in place.
All utilities are available to the property, which has over 600 feet of frontage along College Way, and additional road frontage along North 30th Street, to the east.
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Research Parcel InformationDirections
In the city of Mount Vernon, follow College Way east to 30th Street North. The property is at the corner of College Way and North 30th Street.