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819 Commercial Ave 864 SF Office/Retail Condo Unit Offered at $289,000 in Anacortes, WA 98221
Investment Highlights
- Prime Downtown Anacortes Location in the iconic Chamber of Commerce building
- In-place tenant through July 2026 providing immediate and stable income
- Strong investment profile with an approximate 8.1% cap rate at current pricing
- High visibility and foot traffic from festivals, community events, and daily downtown activity
- Shared common amenities including kitchen and restroom for operational convenience
- Professional office layout with reception area, private office, conference room, and open workspace
Executive Summary
Position your business—or investment—in the heart of historic downtown Anacortes with this modern office condominium located within the highly recognizable Chamber of Commerce building. This offering provides exceptional visibility and daily exposure in one of the city’s most active commercial corridors, benefiting from strong foot traffic generated by festivals, community events, nearby retail, dining, and the adjacent visitor center. The suite features a functional and welcoming layout that supports a variety of professional uses, including a reception area, semi-private office, conference room, and an open workspace suitable for multiple desks or flexible configurations. Shared common-area amenities include a kitchen, restroom, and hallway access, allowing for efficient operations while maintaining a professional environment. The property includes one designated parking space in the rear lot, complemented by ample on-street parking for clients and staff. Its downtown location offers immediate walkability to local businesses and services, enhancing both employee experience and client convenience. Currently leased to a tenant through July 31, 2026, this property offers stable income with a triple-net structure, making it an attractive option for investors seeking reliable cash flow in a supply-constrained downtown Anacortes market. Whether acquired as a long-term investment or future owner-user opportunity, this office condo represents a rare chance to own professionally managed commercial space in one of Anacortes’ most sought-after settings.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 1 |
| Cap Rate | 8.10% | APN/Parcel ID | P116310 |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| No. Parking Spaces | 1 |
| APN/Parcel ID | P116310 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C | 864 SF | Office/Retail | $289,000 ($334.49/SF) | $23,409 |
Unit C
| Unit Size |
| 864 SF |
| Condo Use |
| Office/Retail |
| Price |
| $289,000 ($334.49/SF) |
| NOI |
| $23,409 |
Unit C
| Unit Size | 864 SF |
| Condo Use | Office/Retail |
| Price | $289,000 ($334.49/SF) |
| NOI | $23,409 |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| No. Parking Spaces | 1 |
| APN/Parcel ID | P116310 |
| Description | |
| This light and bright office condo in the Chamber of Commerce building offers an ideal location in historic downtown Anacortes! With excellent exposure—especially during events and festivals—this space is perfect for growing your business. The current layout includes a welcoming reception area, a semi-private office, a conference room, and a spacious open area for additional workstations. Enjoy shared access to a hallway, kitchen, and bathroom, plus one designated parking spot in the lot behind the building, with ample street parking available. Just steps from restaurants, shopping, and the visitor's center, this prime location offers both convenience and visibility. Don't miss out on this fantastic opportunity!</li></ul> | |
| Sale Notes | |
| Please use Kayla Skinner at Chicago Title for closing. No showings until mutual agreement. Do Not Disturb Tenant. Current tenant lease ends 7/31/26 and the amount is 2050.00 triple net.</li></ul> |
Property Facts
| Total Building Size | 865 SF | Typical Floor Size | 865 SF |
| Property Type | Office (Condo) | Year Built | 1993 |
| Building Class | C | Tenancy | Single |
| Floors | 1 | Parking Ratio | 1.16/1,000 SF |
| Zoning | Office | ||
| Total Building Size | 865 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 865 SF |
| Year Built | 1993 |
| Tenancy | Single |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | Office |
Amenities
- Signage
- Air Conditioning
Presented by
819 Commercial Ave
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