Description
Fantastic investment opportunity! Great opportunity to own a multi-purpose historic building in downtown Mt. Vernon. Currently operated as a restaurant, with space set up for a specialty grocery store and a three bedroom, one bathroom apartment upstairs. Great store fronts and large warehouse offer potential for expansion into brewery, bakery, fitness center, you name it! Zoned multi-family for up to 36 units! Tons of potential for rental income as is or build to suit your needs. Currently offered at 7.6 percent cap rate!!
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing Courtesy of Compass.Description
Fantastic investment opportunity! Great opportunity to own a multi-purpose historic building in downtown Mt. Vernon. Currently operated as a restaurant, with space set up for a specialty grocery store and a three bedroom, one bathroom apartment upstairs. Great store fronts and large warehouse offer potential for expansion into brewery, bakery, fitness center, you name it! Zoned multi-family for up to 36 units! Tons of potential for rental income as is or build to suit your needs. Currently offered at 7.6 percent cap rate!!
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-04-16T15:15:24.51.