Commercial Real Estate Market in Anacortes, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
33 active listings and 1,207 off-market properties in Anacortes, WA. Commercial property asks $322/SF to buy and $11.76/SF/Yr to lease.
Market Trends
Anacortes, WA spans 58.5 square miles in Skagit County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Anacortes, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Anacortes, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Anacortes, WA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Anacortes, WA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 38.2%
- Residential 16.1%
- Commercial 8.6%
- Mixed use 3.4%
- Special 1%
- Civic 0.5%
Largest Zones share of zoned land by district
Public Use
Heavy Manufacturing
Light Manufacturing 1
Residential Low Density 2
Residential Low Density 2A
Public Use (P)
This designation is to allow for common public uses where the need arises and uses will not create a nuisance or interfere with existing uses
Market overview
Demographics & Economy
Anacortes, WA has 22,894 residents in 12,518 households. Density runs 391 people per square mile. Median household income here is $92,946 and median gross rent $1,596 a month.
22,894
Population
12,518
Households
1.8
Avg Household Size
52
Median Age
46%
College-Educated
96%
High-School Grad
58.5 sq mi
ZIP Area
391
Density / Sq Mi
$92,946
Median Household Income
$53,698
Median Earnings
$1,596
Median Rent
$659,946
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Anacortes?
Commercial property in Anacortes, WA asks an average of $322 per square foot. The 6 most recent recorded sales traded at a median of $473/SF.
How much does it cost to lease commercial space in Anacortes?
Asking lease rates in Anacortes, WA average $11.76 per square foot per year.
Where does Realmo's Anacortes market data come from?
Realmo compiles Anacortes, WA figures from 6 recent recorded sales, 29 active sale listings, 4 active lease listings, 1,207 tracked off-market properties, the current Anacortes zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 4 active for-lease listings in Anacortes, WA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 11,503 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
