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Anacortes retail space 2001-2011 Commercial Ave 6,965 SF 100% Leased Retail Building Anacortes, WA 98221 $2,495,000 ($358.22/SF)
INVESTMENT HIGHLIGHTS
- Amazing investment opportunity in the main corridor of Anacortes.
- 6 rentals included, a restaurant, 2 apartments with amazing views of the bay
EXECUTIVE SUMMARY
Amazing investment opportunity in the main corridor of Anacortes. There are 6 rentals included, a restaurant, 2 apartments with amazing views of the bay and Mt. Baker, retail space, 2 bedroom house and another 4 bedroom house.
All 6 units have leases in place, vacancies are very low for these units. Updates have been completed on the restaurant and the 2 bedroom house recently and the others have had updates in the last few years. There is ample parking for all the units with 23 parking spots.
Please reach out to listing agent for financials, pre approval letter of proof of funds required for any/all showing requests.
Includes 4 parcels: P60409, P60410, P60411, P60412. Total 2026 assessed value: $1,466,700
All 6 units have leases in place, vacancies are very low for these units. Updates have been completed on the restaurant and the 2 bedroom house recently and the others have had updates in the last few years. There is ample parking for all the units with 23 parking spots.
Please reach out to listing agent for financials, pre approval letter of proof of funds required for any/all showing requests.
Includes 4 parcels: P60409, P60410, P60411, P60412. Total 2026 assessed value: $1,466,700
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,965 SF
Building Class
B
Year Built/Renovated
1910/2022
Price
$2,495,000
Price Per SF
$358.22
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.44 AC
Zoning
C - Approved for commercial uses to include: Multifamily dwelling, Retail, Trade, Eating, Drinking uses
Parking
23 Spaces (3.3 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Fenced Lot
- Restaurant
- Storage Space
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $341,000 | |
| Land Assessment | $603,000 | Total Assessment | $944,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$603,000
Improvements Assessment
$341,000
Total Assessment
$944,000
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Anacortes retail space | 2001-2011 Commercial Ave
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