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    1700-1720 Commercial Ave Anacortes, WA 98221

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    For Lease
    $36 SF/Yr ($12,711 /Mo)

    Prime retail space with high visibility and strong tenant mix.

    Property size:
    4,237 SF
    Lot size:
    1.02 Acres

    Property Features for 1700-1720 Commercial Ave

    General Information

    Size
    4,237 SF
    Lot size
    1.02 Acres

    Source: First Western Properties, Inc. Agent Dale Goong

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

    Overview

    Retail Space in Anacortes Core

    Located in the Anacortes retail core, this property offers flexible space options, including the possibility to combine spaces for 2,898 square feet or expand up to 4,237 square feet for qualified food users. The strip retail center is anchored by Starbucks and features other national tenants. The newly completed Fidalgo Flats apartment community is located in the same city block, increasing the immediate population surrounding the center. The property has direct frontage to SR 20, which sees 15,323 average daily traffic, serving as the primary route through town and the gateway to the WSDOT ferry connecting to the San Juan Islands and Canada. Over 1.89 million riders utilized the ferry service last year. The location offers visibility and access, making it suitable for businesses seeking to capitalize on a diverse customer base. The property is shadow anchored by a new Chipotle.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Anacortes
    County
    San Juan
    State
    Washington
    Longitude
    -122.6134258
    Latitude
    48.508287

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    FAQs

    What type of property is this?
    Strip mall - Prime retail space with high visibility and strong tenant mix.
    Where is this strip mall located?
    The property is located at 1700-1720 Commercial Ave Anacortes, WA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with direct frontage to SR 20 (15,323 ADT), the primary route to the San Juan Islands and Canada ferry.; - High visibility and access due to 1.89 million ferry riders annually.; - Anchored by Starbucks and shadow-anchored by a brand new Chipotle.
    (425) 822-5522
    Request Owner's contact information
    1700-1720 Commercial Ave Anacortes, WA 98221
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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
    1700-1720 Commercial Ave Anacortes, WA 98221
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