1411 Commercial Ave Anacortes, WA 98221

Building Details

Year Built

1979

Listing Agency WINDERMERE REAL ESTATE-ANACORTES n***@windermere.com

Listed by NATE SCOTT

Source Corcoran

Added: Dec 31, 2024 Checked: Jul 15 at 9:27 pm

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Investment Insights

Based on property information with market context.

This multi-tenant building is located on Commercial Avenue, a main commercial corridor, and offers excellent visibility and high traffic count. The property is currently occupied by long-term tenants, with one vacancy. Existing leases are generally under market rate, presenting a value-add opportunity as leases come due.

Key Highlights

• High visibility and traffic count on Anacortes' main commercial corridor.
• Multi‑tenant building with strong, long‑term tenants.
• Value‑add opportunity through increasing lease rates to market value as leases come due.

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FAQs

What type of property is this?

Retail space - Multi-tenant retail building with high visibility and value-add potential.

Where is this retail space located?

The property is located at 1411 Commercial Ave Anacortes, WA.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: High visibility and traffic count on Anacortes' main commercial corridor.; Multi‑tenant building with strong, long‑term tenants.; Value‑add opportunity through increasing lease rates to market value as leases come due.