1419 Commercial Ave Anacortes, WA 98221
- Commercial real estate
Current Use by Public Records
- Little Caesars Pizza / Pizza Restaurant / Fast Food Restaurant
Property Details for 1419 Commercial Ave
- Property type
- Commercial real estate
Description
This exceptional Anacortes investment opportunity presents a multi-tenant commercial building situated on a highly visible section of Commercial Avenue, the city's primary commercial corridor. Boasting an impressive 14,394 rentable square feet within a modern 15,379 square foot building, the property enjoys a strong tenant base with long-term leases. The building is one of Anacortes' most recognizable retail strip centers, known for its excellent tenant mix and ample parking. Its prime location on Commercial Avenue ensures high visibility and significant foot traffic, with an average daily count of 14,000 vehicles passing by. The property sits on a substantial 33,050 square foot commercially zoned lot, offering potential for future expansion or redevelopment. Currently, only one space is recently vacated, presenting an immediate opportunity for new income generation. This is a rare chance to acquire a well-established, high-performing commercial property in a thriving Anacortes location. The asking price is $3,800,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anacortes
- County
- Skagit
- State
- Washington
- Longitude
- -122.612
- Latitude
- 48.5103
