2821 Commercial Avenue Anacortes, WA 98221

Listing office WINDERMERE RE ANACORTES PROP. Show Phone

Listing date Mar 30, 2026

Source Corcoran

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Investment Insights

Based on property information with market context.

This 0.78+ acre site presents a development opportunity for a mixed-use project on the south end of downtown Anacortes. The property, formerly San Juan Lanes, is level and cleared. Located in a federally designated Opportunity Zone, the project is eligible for tax incentives. Preliminary drawings propose a modern residential complex with 64 units, designed to meet the growing housing demand in the Pacific Northwest. The planned ground floor space is designed for a gym, a boutique coffee shop, and live/work units to attract the remote-professional market. The combination of land size and zoning allows for higher density with design. The location is near major traffic arteries, port facilities, ferries, and the Whidbey Island NASW.

Key Highlights

• Prime 0.78+ acre site in a federally designated Opportunity Zone offering unparalleled tax incentives.
• Development opportunity for a mixed‑use project with potential for higher density due to land size and zoning.
• Preliminary plans for a modern 64‑unit residential complex optimized for PNW housing demand.

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FAQs

What type of property is this?

Commercial land - 0.78+ acre site for mixed-use development in Anacortes.

Where is this commercial land located?

The property is located at 2821 Commercial Avenue Anacortes, WA.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Prime 0.78+ acre site in a federally designated Opportunity Zone offering unparalleled tax incentives.; Development opportunity for a mixed‑use project with potential for higher density due to land size and zoning.; Preliminary plans for a modern 64‑unit residential complex optimized for PNW housing demand.