1120 Commercial Ave #17, 18, 19 and 20, Anacortes, WA 98221

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
#1#2#3
Listed by:allen g. workman
Office:john l. scott anacortes
MLS#:2363469
Source:NWMLS
1120 Commercial Ave #17, 18, 19 and 20,Anacortes, WA 98221
$965,000
  • 0.3 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$965,000

About this home

Prime Corner Lot – High Visibility Location Rare opportunity to own a premier corner lot at the busiest intersection in Anacortes, directly across from Safeway, the busiest shopping center in town. High traffic counts and exposure from 4 corners. Land only sale with income-producing ground lease in place through 2039. Zoned Commercial with flexible use options—retail, office, housing, and more. Excellent access from both Commercial Ave and 12th St. Strong current cash flow with future redevelopment potential. Current ground lease has end term in 2029 with 2-5year options to renew through 2034 and 2039. Yearly adustments of 6%. Lease is nnn.

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Home facts

  • Listing Id #:2363469
  • Updated:August 08, 2025 at 12:17 AM

Structure and exterior

  • Lot area:0.3 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$965,000
  • Tax amount:$8,719 (2025)
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