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Property Description
Exceptional opportunity to acquire a fully leased commercial office building in the heart of Mount Vernon, Washington. This well-maintained investment property offers stable cash flow with established, long-term tenants and lease terms extending through 2029 and 2031, providing investors with dependable income and reduced leasing risk. The building has been used as a Real Estate office and Mortgage company since 1999. At a 7% capitalization rate, this property is ideal for investors seeking a passive commercial real estate investment, 1031 exchange replacement property, or a quality addition to an existing investment portfolio. The property's strong occupancy history and reliable tenancy create an excellent opportunity for both experienced and first-time commercial investors. Situated on College way the property has great exposure with approximately 20,000 vehicles driving by daily. It has convenient access to Interstate 5, downtown Mount Vernon, healthcare facilities, professional services, restaurants, and regional employers. Its strategic location enhances tenant retention while providing excellent accessibility for employees and clients alike. Whether you're looking to expand your portfolio with an income-producing office building, secure a commercial investment property in Mount Vernon, or complete a 1031 exchange, this offers the stability, cash flow, and long-term value investors seek. Parking lot recently paved
Full Property Details
Full Property Details for 1615 Buck Way
General
- Price: $1,350,000
- Taxes: $12,840 (2026)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2555069
- Updated: 7/16/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Laminate, Stone, Carpet
Parking
- Uncovered Spaces: 24
Location
- Area: 835 - Mount Vernon
- County: Skagit
- Subdivision: Mount Vernon
- Driving Directions: GPS Friendly. Head East on College way, Right on Buck Way. Located on the Right.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Stucco
- Foundation: Slab
- Roof: Torch Down
- Office: 5,000 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651
- Lot Size Source: Realist
- Topography: Level
- Zoning: Business, Office
Financial Considerations
- Tax Amount: $12,840
- Tax Year: 2026
Disclosures and Reports
- Special Conditions: None
- Surveyed: false
- Property ID: P137249
Listed by Melissa Pilcher | NextHome Preview Properties | (360) 848-8900
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Schools
Schools serving 1615 Buck Way
School District:Mount Vernon School District
| Name | Grades | Distance |
|---|---|---|
Harriet Rowley 400 53rd Street, Mount Vernon, WA 98273 | K-5 | 2.5 mi |
Mount Baker Middle School 2310 East Section Street, Mount Vernon, WA 98274 | 6-8 | 1.6 mi |
Mount Vernon High School 1075 East Fulton Street, Mount Vernon, WA 98273 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1615 Buck Way
Date
Details
Price
Change
Source
7/15/2026
Listed
$1,350,000
105.38%
MLS
1/03/2000
Sold
$657,320
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1615 Buck Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,574
-7%
$975,800
-9%
2024
$12,390
16%
$1,073,300
38%
2021
$10,652
—
$776,700
3%
2021
$10,652
—
$750,500
3%
2020
$10,656
18%
$730,000
6%
2019
$9,024
-19%
$688,200
3%
2018
$11,140
4%
$667,700
3%
2017
$10,739
-1%
$647,200
—
2016
$10,834
-8%
$647,200
-3%
2015
$11,744
1%
$670,200
—
2014
$11,583
—
$670,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1615 Buck Way
1615 Buck Way, Mount Vernon, WA 98273 (MLS# 2555069) is a Industrial property. 1615 Buck Way is currently listed for $1,350,000 and was received on July 15, 2026. Want to learn more about 1615 Buck Way? Do you have questions about finding other Industrial real estate for sale in Mount Vernon? You can browse all Mount Vernon real estate or contact a Coldwell Banker agent to request more information.

