Search
Waterfront Industrial Land
For Sale
$850,000

20 State Rte 20, Anacortes, WA 98221

LM1 zoning and a level area provide a defined setting for commercial use.

Property SizeContact for details
Days on Market464

Property Features for 20 State Rte 20

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $5,467

Amenities

0, 0, 0, 0
No
Brush,Dune Grasses,Evergreens,Lightly Treed,Partially Cleared
Paved
Listing Agency: Keller Williams Western Realty
Listed By: John W Ramsey · License #27938
Source: Compass
Added: May 25, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:38PM

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 Keller Williams Western Realty

Investment Insights

Based on property information with market context.

This vacant industrial land tract encompasses over 8 acres on a peninsula extending into Fidalgo Bay. The property includes a usable flat section for business purposes, with rock outcroppings, madrona trees, evergreens, brush, dune grasses, and partially cleared areas adding varied site character. Paved surfaces are also present.

Access is available from Highway 20 through the bypass roundabout. The waterfront setting looks toward the Fidalgo Bay Aquatic Reserve, a refinery, and the Cascades. The property is located within the City of Anacortes and carries Light Manufacturing 1 (LM1) zoning.

Key Highlights

  • Over 8 acres of vacant waterfront industrial land
  • Light Manufacturing 1 (LM1) zoning
  • Peninsula site extending into Fidalgo Bay

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - LM1 zoning and a level area provide a defined setting for commercial use.
Where is this industrial land located?
The property is located at 20 State Rte 20 Anacortes, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Over 8 acres of vacant waterfront industrial land; Light Manufacturing 1 (LM1) zoning; Peninsula site extending into Fidalgo Bay
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message