42921 Challenger Road , Concrete, WA 98237(Skagit County)

54.99 Acres in Concrete, WA - $1,995,000

700 ft of riverfront on 60 plus acres, comprised of 13 parcels w/ a substantial income producing tenant, 10 shovel ready 1/2 acre building lots, well w/11,000 gal class B water systems only begin to describe this incredible opportunity. Once a thriving vineyard & winery, acreage includes home w/garage on 1.5ac, a second 2BR dwelling, metal roofed barn/outbuildings totaling approx 9500sf. on 1.4ac. The 53 acre parcel consists of timber acreage above (logging permit submitted), cleared productive farmland and river frontage w/ beach/boat access. Building lots have road in, power, water meters, perk/septic ok. 10 miles to Janicki Industries. Current Cap rate 6.4% potential over 14% by 2023. Possible Owner Terms.