Mount Vernon Homes with 75 - Retail Style

Mount Vernon Homes with 75 - Retail Style

Welcome to Mount Vernon, Washington—a charming city nestled in the heart of Skagit County, where the stunning natural beauty of the Pacific Northwest meets a vibrant community spirit. Known for its picturesque landscapes, Mount Vernon is flanked by the majestic Cascade Mountains to the east and the serene waters of the Skagit River to the west, providing residents with breathtaking views and a plethora of outdoor activities.

Mount Vernon boasts a rich history, with a downtown area that reflects its heritage through beautifully preserved architecture and a bustling retail scene. Residents and visitors alike enjoy exploring local shops, cozy cafes, and delightful eateries that showcase the best of Skagit Valley's farm-to-table cuisine. The annual Skagit Valley Tulip Festival is a highlight of the year, drawing visitors from all over to witness the stunning fields of color that bloom each spring.

When it comes to homes, Mount Vernon offers an array of options that cater to diverse lifestyles and preferences. From charming single-family residences to modern townhomes, the real estate market here is as varied as the community itself. With a focus on retail-style living, many homes are conveniently located near shopping districts, making it easy for residents to access amenities without straying far from home. Imagine strolling through your neighborhood, with local boutiques and coffee shops just a stone's throw away!

Whether you're looking for a peaceful retreat or a vibrant community filled with activity, Mount Vernon is the perfect place to call home. Come experience the warmth and charm of this hidden gem in Washington State!

Newest Mount Vernon Homes with 75 - Retail Style

$15,550,000
2526824 MLS ACTIVE Status
Pleased to present Mount Vernon Center, a 100,155 SF, 98% occupied neighborhood retail center located in the Puget Sound Region of Washington State. The property is anchored by Grocery Outlet and Ross Dress for Less, two leading value retailers representing 41% of the GLA, with staggered lease expirations that minimize rollover risk. The inline tenant base, spanning the main building and two adjacent strip centers, is anchored by long-tenured local operators, with approximately 34% of tenants having occupied the property for 14+ years. The service-oriented mix of tenants, including a laundromat, nail salon, mail services, and state agency offices, is largely insulated from e-commerce competition, while benefiting from the consistent foot traffic generated by the value anchors. Strategically positioned along East College Way, with 38,695 VPD and direct visibility and access to Interstate 5. The center benefits from placement within a dominant retail corridor alongside national anchors including Safeway, Tractor Supply, and Hobby Lobby. The surrounding trade area reports average household incomes of $113,747 within a five-mile radius and continues to benefit from steady population growth, as Mount Vernon serves as the primary commercial hub for Skagit Valley. At approximately $155 per square foot, offering represents a significant discount to estimated replacement costs, providing investors a stabilized basis that would be difficult to replicate in today’s environment.

525 E College Way, Mount Vernon

Listing courtesy of Kidder Mathews.

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