Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1502 5Th St Anacortes, WA 98221

    Sponsored
    For Sale
    $1,250,000

    Prime Waterfront Lot, Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14,375 square foot commercial and industrial land parcel presents a rare opportunity in Anacortes, WA. Located at 1502 5th Street, this property boasts 200 feet of sheltered waterfront access on Fidalgo Island's prime working waterfront, adjacent to Anchor Cove Marina. The site offers significant potential for a variety of maritime-related businesses, taking advantage of its convenient location and excellent water access. The property includes 14,375 square feet of uplands, providing ample space for development and operations. The asking price is $1,250,000. Its strategic position offers easy access to Anacortes' downtown corridor, enhancing its overall appeal and functionality. This unique offering combines the benefits of waterfront access with the practicality of industrial zoning, making it an ideal investment for businesses seeking a prominent location in a thriving waterfront community. The property is zoned for light industrial use and is situated in Skagit County, WA, zip code 98221. This is a truly exceptional opportunity to acquire a significant waterfront property in a desirable location. The property's size and location make it a highly sought-after asset in the Anacortes commercial real estate market.

    Property Features for 1502 5Th St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Anacortes
    County
    Skagit
    State
    Washington
    Longitude
    -122.6206306
    Latitude
    48.5186423

    Nearby Similar for Sale

    • $2,399,000
      7,080 SF

      Anacortes Turnkey Manufacturing Business Opportunity

      Thriving cabinet and kitchen manufacturing company with real estate for sale.
      3115 T Ave, Anacortes, WA 98221
      View Details
    • $1,699,000

      Anacortes Turnkey Grow Facility

      10-acre Anacortes site with grow facility, home, and raw land.
      9720-9748 Padilla Heights Rd, Anacortes, WA 98221
      View Details
    • $2,700,000

      Downtown Anacortes Commercial Building For Sale

      Fully leased commercial building in Anacortes' Central Business District.
      902-912 Commercial Ave, Anacortes, WA 98221
      View Details
    • $2,300,000

      Anacortes Warehouse in Quantum Business Park

      Well-maintained warehouse with reliable tenant in Anacortes.
      12743 Quantum Ln #22, Anacortes, WA 98221
      View Details
    • $2,495,000
      6,965 SF

      Anacortes Investment Opportunity

      Mixed-use property with restaurant, apartments, retail, and houses for sale.
      2001 Commercial Ave, Anacortes, WA 98221
      View Details
    • $5,995,000
      12,627 SF

      Retail Building with Leaseback Opportunity

      12,627 SF retail building with a new 10-year lease.
      1609 R Ave, Anacortes, WA 98221
      View Details
    • $1,500,000
      5,160 SF

      Lakefront Motel and Cabin

      Motel with lake cabin on Lake Campbell in Anacortes.
      6676 State Route 20, Anacortes, WA 98221
      View Details
    • $3,800,000

      Commercial Avenue Multi-Tenant Retail Building

      Multi-tenant retail building with high visibility and value-add potential.
      1411 Commercial Ave, Anacortes, WA 98221
      View Details
    • $3,850,000

      Established Anacortes Business & Land

      Profitable business, prime location, expansion potential.
      12469 Reservation Rd, Anacortes, WA 98221
      View Details
    • $1,350,000

      Anacortes Commercial Land & House

      Prime Hwy 20 location, 3+ acres, 2560 sq ft house
      9308 Padilla Heights Rd, Anacortes, WA 98221
      View Details
    • $695,000
      0.14 Acres

      Anacortes Commercial Building Opportunity

      Prime Anacortes Location, High Potential
      911 29Th St, Anacortes, WA 98221
      View Details
    • $4,995,000

      Keystone Building: Anacortes Gem

      Historic Downtown Commercial Property, High Potential
      619 Commercial Ave, Anacortes, WA 98221
      View Details

    FAQs

    What type of property is this?
    Land - Prime Waterfront Lot, Industrial Zoning
    Where is this land located?
    The property is located at 1502 5Th St Anacortes, WA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    Request Owner's contact information
    1502 5Th St Anacortes, WA 98221
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1502 5Th St
    Anacortes, WA 98221
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1502 5Th St Anacortes, WA 98221
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.