1609 R Ave Anacortes, WA 98221

Listing Agency LEARNED COMMERCIAL, INC. c***@claylearned.com Show Phone

Listed by CLAY LEARNED

Source Corcoran

Added: Oct 31, 2025 Updated: Jul 6 at 10:25 am Checked: Jul 20 at 3:34 am

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Investment Insights

Based on property information with market context.

This is a 12,627 square foot retail building situated on 1.13 acres. The property is currently occupied by Thrive Community Fitness. A sale/leaseback arrangement is in place, featuring a new 10-year lease with renewal options to be enacted at closing. The lease includes 2.5% annual rental rate increases. The property is well-maintained and has undergone recent improvements. It is zoned MMU: Marine Mixed Use.

Key Highlights

• New 10‑year lease with renewal options at closing.
• Sale/leaseback opportunity with Thrive Community Fitness as tenant.
• Enjoy 2.5% annual rental rate increases.

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FAQs

What type of property is this?

Retail space - 12,627 SF retail building on 1.13 acres for sale.

Where is this retail space located?

The property is located at 1609 R Ave Anacortes, WA.

What is the asking price?

The asking price for this property is $5,995,000.

What are key features of this property?

This property features: New 10‑year lease with renewal options at closing.; Sale/leaseback opportunity with Thrive Community Fitness as tenant.; Enjoy 2.5% annual rental rate increases.