Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,270,000 -$5,000 (-0.39%) Price Reduced

  • For Sale
  • Active
  • Industrial
  • Updated 4 days ago

Listed by Elena Pike | Torre Realty | (206) 915-2399

See This Home
Save This Home
See This Home
Save This Home
This exceptionally well-maintained commercial property presents a rare investment opportunity with strong cash flow and a solid rental history. Conveniently located just off I-5, it offers excellent visibility and easy access. The fully occupied office building with stable, long-term tenants, additionally 13 storage units remain consistently rented with a waitlist-underscoring strong demand. Additional upside potential comes from virtual office rentals that include access to a shared conference room. With an impressive 8% cap rate and multiple income streams, this is a turn-key asset in a prime location. Don't miss out!

Full Property Details for 1621 Freeway Dr

General

  • Price: $1,270,000
  • Taxes: $9,338 (2024)
  • Status: Active
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2379823
  • Updated: 2/5/2026
  • Added to Site: 241 day(s) ago

Rental Information

  • Complex Features: Signage Included, Storage

Interior

  • Flooring: Carpet

Parking

  • Uncovered Spaces: 18

Location

  • Area: 835 - Mount Vernon
  • County: Skagit
  • Subdivision: Mount Vernon
  • Driving Directions: From I-5 West on College to property

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Sewer: Sewer Connected
  • Water: Community

Structural Information

  • Structure Type: Unspecified
  • Exterior Const.: Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • Office: 5,656 Sq. Ft.
  • Year Built: 1984

Lot Features

  • Lot Size (Acres): 0.2679
  • Lot Size (Sq. Ft.): 11,671
  • Lot Size Source: County
  • Lot Dimensions: 116 x 100
  • Lot Depth: 100
  • Topography: Level
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $9,338
  • Tax Year: 2024
  • Terms: Cash Out, Conventional, Owner Financing

Disclosures and Reports

  • Special Conditions: None
  • Property ID: P26214

Listed by Elena Pike | Torre Realty | (206) 915-2399

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1621 Freeway Dr

School District:Mount Vernon School District
NameGradesDistance
Washington Elementary School, Mount Vernon, WA
1020 McLean Road, Mount Vernon, WA 98273
K-51.1 mi
La Venture Middle School
1200 North Laventure Road, Mount Vernon, WA 98273
6-81.5 mi
Mount Vernon High School
1075 East Fulton Street, Mount Vernon, WA 98273
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1621 Freeway Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Price Reduced
$1,270,000
-0.39%
MLS
9/04/2025
Price Reduced
$1,275,000
-1.85%
MLS
6/13/2025
Listed
$1,299,000
126.9%
MLS
2/27/2016
Sold
$572,500
—
Public Record
Get Price Alerts and Save Property
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 for 1621 Freeway Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,722
-7%
$735,300
-9%
2024
$9,336
18%
$808,700
40%
2021
$7,925
—
$575,600
3%
2021
$7,925
1%
$558,300
4%
2020
$7,861
15%
$538,400
3%
2019
$6,821
-18%
$520,200
4%
2018
$8,347
5%
$500,300
4%
2017
$7,970
-1%
$480,300
—
2016
$8,040
-4%
$480,300
1%
2015
$8,334
1%
$475,600
—
2014
$8,220
—
$475,600
—
View All
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 for 1621 Freeway Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Elena Pike | Torre Realty | (206) 915-2399

Just Listed near 1621 Freeway Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12454 Gwen Dr, Burlington, WA 98233 - Photo 1 Just Listed
$530,000

12454 Gwen Dr  #13  Burlington, WA 98233

  • Condo
  • Active
  • Updated 9 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,182
    Sq. Ft.
Listed by Pamela Leamer | Brown McMillen Real Estate
314 Longtime Ln, Sedro-Woolley, WA 98284 - Photo 1 Just Listed
$769,000

314 Longtime Ln  Sedro-Woolley, WA 98284

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 3,134
    Sq. Ft.
Listed by Cati Sandoval | John L. Scott Mukilteo
17368 Maple Ln, La Conner, WA 98257 - Photo 1 Just Listed
$897,750

17368 Maple Ln  La Conner, WA 98257

  • Single Family
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 2,193
    Sq. Ft.
Listed by Shelah M. Inman | Brown McMillen Real Estate and Sarah Forbes Newman | Brown McMillen Real Estate
28304D 74th Dr NW, Stanwood, WA 98292 - Photo 1 Just Listed
$587,080
Open House

28304D 74th Dr NW  #97  Stanwood, WA 98292

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,870
    Sq. Ft.
Listed by Jan B. Holmstead | Teambuilder KW and Paul Hurme | Teambuilder KW

Price Reduced near 1621 Freeway Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1154 Sinclair Way, Burlington, WA 98233 - Photo 1 Price Reduced
-$20,000 (-5.9%)
$319,000

1154 Sinclair Way  Burlington, WA 98233

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 844
    Sq. Ft.
Listed by Spencer Roozen | Windermere RE Skagit Valley and Megan S. O'Bryan | Windermere RE Skagit Valley
119 N 3rd St, La Conner, WA 98257 - Photo 1 Price Reduced
-$1,255 (-55.78%)
$995

119 N 3rd St  La Conner, WA 98257

  • Business
  • Active
  • Updated 3 days ago
Listed by Jon B. Beahm | Blue Ridge Realty, Inc.
314 Snohomish Dr, La Conner, WA 98257 - Photo 1 Price Reduced
-$24,900 (-6.64%)
$350,000

314 Snohomish Dr  La Conner, WA 98257

  • Single Family
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,152
    Sq. Ft.
Listed by Marilyn Buck | Buck Real Estate and Cheryl Buck | Buck Real Estate
28220 66th Way NW, Stanwood, WA 98292 - Photo 1 Price Reduced
-$10,100 (-1.52%)
$654,900

28220 66th Way NW  Stanwood, WA 98292

  • Single Family
  • Active
  • Updated 2 days ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,597
    Sq. Ft.
Listed by Josh Shiflett | Windermere Real Estate Whatcom

Recent Sales near 1621 Freeway Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

857 Tinas Coma Ln, Burlington, WA 98233 - Photo 1 Sold
$1,250,000

857 Tinas Coma Ln  Burlington, WA 98233

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 5,382
    Sq. Ft.
Listed by Andrew English | Congress Realty
Sold by Brock Strickland | The Preview Group
1311 Olympic Ln, Mount Vernon, WA 98274 - Photo 1 Sold
$1,185,000

1311 Olympic Ln  Mount Vernon, WA 98274

  • Single Family
  • Closed
  • Updated 17 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,539
    Sq. Ft.
Listed by Valeria Gekelman | HomeSmart One Realty
Sold by Christopher Cornett | Ensemble and Melissa Clark | Ensemble
13240 Buchanan Ln, Mount Vernon, WA 98273 - Photo 1 Sold
$1,399,000

13240 Buchanan Ln  Mount Vernon, WA 98273

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 4,225
    Sq. Ft.
Listed by Michael A Hamblin | HomeSmart One Realty
Sold by Robert A.Sather | John L. Scott Bellingham
23925 Goldie Ln, Mount Vernon, WA 98273 - Photo 1 Sold
$1,150,000

23925 Goldie Ln  Mount Vernon, WA 98273

  • Single Family
  • Closed
  • 3
    Beds
  • 5
    Total Baths
  • 3,954
    Sq. Ft.
Listed by Dena Lynn Poling | NextHome Preview Properties
Sold by Susan Hope | R1 Washington

1621 Freeway Drive, Mount Vernon, WA 98273 (MLS# 2379823) is a Industrial property. 1621 Freeway Drive is currently listed for $1,270,000 and was received on June 13, 2025. Want to learn more about 1621 Freeway Drive? 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.

Tour this property