1808 Commercial Ave Anacortes, WA 98221
This exceptional 10,800 square foot commercial land parcel is ideally situated at 1808 Commercial Avenue in Anacortes, Washington, 98221. Its prime location offers unparalleled visibility and accessibility, boasting adjacency to a Starbucks and other high-traffic retail establishments. The property is zoned for commercial use, with the added benefit of mixed-use potential, allowing for the development of commercial space on the lower levels and residential units above. This flexibility presents a unique opportunity for a variety of commercial ventures. The site's high traffic count makes it perfect for businesses requiring significant customer interaction. Prospective buyers are encouraged to independently verify zoning regulations to ensure alignment with their intended use. Comprehensive due diligence materials are available for review, including a geotechnical report, an ecology report, and a survey map. These documents provide a thorough understanding of the site's characteristics and potential development considerations. This is a rare opportunity to acquire a highly desirable commercial property in a thriving Anacortes location. The asking price for this exceptional property is $820,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.