560 Burlington BlvdBurlington, WA 98233

Property Details for 560 Burlington Blvd

Year built

1900

Lot size

0.10 AC

Property size (Sq ft)

2,360 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

4076-118-016-0003

APU

40761180160003

Description

This exceptional commercial property, located at 560 S Burlington Boulevard in Burlington, WA, presents a fantastic opportunity for a variety of businesses. Situated on a high-traffic corner at the intersection of Burlington Boulevard and East Rio Vista, this property boasts exceptional visibility and accessibility. The building is zoned C-1-Commercial District and offers versatile space suitable for retail or office use. The 1,099,000 USD asking price includes four dedicated parking spaces, a significant advantage in a busy commercial area. Recent improvements include a brand-new roof, ensuring long-term cost savings and peace of mind. The building's layout is designed for optimal functionality, featuring a side-loading door on the north side for efficient deliveries, double front doors for customer access, and a separate back door for deliveries. A three-quarter bathroom is conveniently located within the building. The property benefits from a robust heating system, ensuring comfortable year-round operation. The interior layout is highly adaptable

• CAP approach

  CAP return

  Valuation

  6%

  $935,764

  6.5%

  $863,782

  7%

  $802,083

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,807,790

  Geo Method

  $1,145,312

• Alternative Use

  Use

  Valuation

  Residential

  $728,633

  Hospitality

  $667,424

  Educational

  $555,288

  Medical

  $574,386

  Retail

  $863,782

Location Insight

City

Burlington

County

Skagit

State

Washington

Latitude

48.472

Longitude

-122.335

CBSA code

34580

CBSA name

MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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