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    1517-1519 Commercial Ave Anacortes, WA 98221

    For Lease
    $16 SF/Yr

    16,214 SF retail building in Anacortes' historic downtown.

    Property size:
    16,214 SF
    Lot size:
    3.14 Acres

    Property Features for 1517-1519 Commercial Ave

    General Information

    Size
    16,214 SF
    Lot size
    3.14 Acres

    Source: Learned Commercial, Inc. Agent Clay Learned

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Historic Downtown

    This is a 16,214 square foot retail building situated in the historic downtown area of Anacortes. The property, currently operating as Rite Aid, features frontage on Commercial Avenue, placing it alongside other retail spaces, including The Market at Anacortes. It is zoned C: Commercial. The property is suitable for retail use.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Jeren Babcock, PharmD, GNC at Rite Aid, Sabitha Thomas, Veronica Young, Tommy Yan

    Location Insight

    • Map
    • Local Demand
    City
    Anacortes
    County
    San Juan
    State
    Washington
    Longitude
    -122.6124623
    Latitude
    48.5089425

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    FAQs

    What type of property is this?
    Drug store - 16,214 SF retail building in Anacortes' historic downtown.
    Where is this drug store located?
    The property is located at 1517-1519 Commercial Ave Anacortes, WA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Large 16,214 +/- sf retail building.; - Located in historic downtown Anacortes.; - Currently operating as Rite Aid.
    (360) 770-1388
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1517-1519 Commercial Ave Anacortes, WA 98221
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