407 Pine St
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407 Pine St
11,400 SF 100% Leased Office Building Mount Vernon, WA 98273 $2,366,215 CAD ($208 CAD/SF)
Investment Highlights
- New renovation with an elevator that allows for a single or multiple tenants.
- Downtown location within close proximity to County and City offices, restaurants, retail and the new library/parking garage. Close proximity to I-5.
- Open Floor Plan with lots of light
Executive Summary
This approx. 11,400 SF office building is distributed between two floors and is serviced by an elevator and dual staircases.
The 1st floor was newly built out in 2021 with a great layout of private offices, cubicles, workspace and conference rooms. The 2nd floor has also gone through a complete renovation.
The building is serviced with 3 meters allowing for possible division serving multiple tenants including the possibility of residential on the top floor.
Close proximity to I-5, Riverfront Promenade, restaurants, retail and the new public parking garage including electrical vehicle docking.
Listing Broker must be present for all showings.
Keys are in Broker's office.
The 1st floor was newly built out in 2021 with a great layout of private offices, cubicles, workspace and conference rooms. The 2nd floor has also gone through a complete renovation.
The building is serviced with 3 meters allowing for possible division serving multiple tenants including the possibility of residential on the top floor.
Close proximity to I-5, Riverfront Promenade, restaurants, retail and the new public parking garage including electrical vehicle docking.
Listing Broker must be present for all showings.
Keys are in Broker's office.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
11,400 SF
Building Class
B
Year Built/Renovated
1953/2020
Price
$2,366,215 CAD
Price Per SF
$208 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
5,700 SF
Building FAR
1.96
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C-1a - See attached Zoning Document
Amenities
- 24 Hour Access
- Bus Line
- Kitchen
- High Ceilings
- Air Conditioning
- Fiber Optic Internet
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | P52175 | Improvements Assessment | $1,743,292 CAD |
| Land Assessment | $216,638 CAD | Total Assessment | $1,959,930 CAD |
PROPERTY TAXES
Parcel Number
P52175
Land Assessment
$216,638 CAD
Improvements Assessment
$1,743,292 CAD
Total Assessment
$1,959,930 CAD
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407 Pine St
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