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415 O Ave Anacortes, WA 98221

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For Sale
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Thriving Cinema Location, $550,000

Property Features for 415 O Ave

General Information

Property type
Land

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Listing Contact
Karen Everett
Karen Everett

Listing Agent: Karen Everett

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

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Property Insight Report

Overview

This exceptional commercial land opportunity in Anacortes, Washington, presents a unique investment prospect. Located at 415 O Avenue, 98221, this property is situated in a high-traffic area, a short distance from the vibrant Commercial Avenue, known for its diverse restaurants and shops. The land is currently leased to a successful three-screen cinema complex showing first-run movies and concert films, ensuring a consistent stream of revenue. The existing tenant, who wishes to remain, owns all projection equipment and is keen to continue operations. The cinema boasts a two-story lobby with recently renovated bathrooms and a food court area with significant potential for expansion and improvement. The property benefits from its proximity to several established businesses with back entrances and outdoor seating areas directly adjacent to the public parking lot shared by the cinema. The land itself is leased from the City of Anacortes, offering a stable and secure foundation for this investment. This is a rare chance to acquire a profitable, established business location in a desirable area with strong potential for future growth and development. The asking price for this exceptional opportunity is $550,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Anacortes Cinemas Cinema

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Anacortes
County
Skagit
State
Washington
Longitude
-122.6136854
Latitude
48.5185779

FAQs

What type of property is this?
Land - Thriving Cinema Location, $550,000
Where is this land located?
The property is located at 415 O Ave Anacortes, WA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Exceptional commercial land investment opportunity in Anacortes, WA.; Located at 415 O Avenue, 98221, in a high-traffic area near Commercial Avenue.; Currently leased to a profitable three-screen cinema with a long-term tenant.
(360) 404-7506 Call to check price and availability
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