911 29th St Anacortes, WA 98221-2833

This exceptional 2,488 square foot commercial building, situated on a 0.14-acre lot at 911 29th Street in Anacortes, WA, presents a compelling investment opportunity. Currently operating as a hair salon with month-to-month tenants, the property offers immediate income potential. Most of the existing salon equipment will remain with the sale, excluding tanning beds. The building's construction features a post-and-pier foundation in the front and poured concrete in the rear, ensuring structural integrity. Zoned for commercial use, this property boasts significant upside potential. The zoning allows for the addition of residential units above the first floor, with no maximum density restrictions. This presents a unique chance to combine commercial space on the ground floor with residential units above, capitalizing on the growing demand for housing in the area. The property's strategic location is further enhanced by the planned development of commercial and retail space, along with apartments, across the street. This neighboring development promises increased foot traffic and a thriving commercial environment, making this an ideal investment for both short-term income and long-term appreciation. The asking price is $695,000. This is a rare chance to acquire a versatile property in a rapidly developing area of Anacortes.