Fitness Center Retail
For Sale
Contact for pricing
1609 R Ave, Anacortes, WA 98221
12,627-square-foot retail building on 1.13 acres, occupied by Thrive Community Fitness under a new 10-year lease.
Property Size12,627 SF
Lot Size1.13 Acres
Price / SF$474.78
Days on Market298
Property Features for 1609 R Ave
General Information
Standard status
Active
Size
12,627 SF
Lot size
1.13 Acres
Property subtype
RETAIL
Zoning
MMU
Occupancy
100%
Additional Details
Lease Term
120 months
Building Details
Tenancy
Single
Listing Agency:
Learned Commercial, Inc.
(360) 770-1388
Listed By:
Clay Learned · License #22026577
(360) 770-1388
Source:
Moodyscre
Added: Oct 28, 2025
Changed: Aug 16
Last Checked: Aug 20 at 5:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Learned Commercial, Inc.
Investment Insights
Based on property information with market context.
This 12,627 +/- square foot retail building is well maintained and currently occupied by Thrive Community Fitness. The offering includes a sale/leaseback structure with a new 10-year lease term and renewal options available at closing. Rental rates include 2.5% annual increases, and the property has had recent improvements.
The site sits on 1.13 acres and is zoned MMU: Marine Mixed Use, providing a basis for a mixed-use environment in the area. Final terms and all zoning considerations should be verified.
At closing, the leaseback provides an operating continuity component tied to the new 10-year term, with renewal options and scheduled annual rental rate increases.
The site sits on 1.13 acres and is zoned MMU: Marine Mixed Use, providing a basis for a mixed-use environment in the area. Final terms and all zoning considerations should be verified.
At closing, the leaseback provides an operating continuity component tied to the new 10-year term, with renewal options and scheduled annual rental rate increases.
Key Highlights
- 12,627 +/- SF retail building on 1.13 acres
- Occupied by Thrive Community Fitness under a new 10‑year lease with renewal options at closing
- 2.5% annual rental rate increases included in the lease terms
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,314
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98221, WA
22,853
Population
12,177
Households
1.9
Avg Household Size
52
Median Age
46%
College-Educated
96%
High-School Grad
51.9 sq mi
ZIP Area
440
Density / Sq Mi
$92,925
Median Household Income
$53,710
Median Earnings
$1,596
Median Rent
$659,800
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Bakerview Fitness Center — 2801 Commercial Ave Suite A, Anacortes, WA 98221
- NG Yoga — 2117 O Ave, Anacortes, WA 98221
- ReConnect FIT — 2402 J Ave, Anacortes, WA 98221
- AAA Yacht Finders — 2415 T Ave #3, Anacortes, WA 98221
- Eat The Frog Fitness Franchising — 3014 Commercial Ave D, Anacortes, WA 98221
Frequently Asked Questions
What type of property is this?
Fitness center & gym - 12,627-square-foot retail building on 1.13 acres, occupied by Thrive Community Fitness under a new 10-year lease.
Where is this fitness center & gym 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: 12,627 +/- SF retail building on 1.13 acres; Occupied by Thrive Community Fitness under a new 10‑year lease with renewal options at closing; 2.5% annual rental rate increases included in the lease terms
