2320 Commercial Avenue, Anacortes, WA 98221
- $825,000
Listing courtesy of John L. Scott Anacortes.
- List Price
- $825,000
- Status
- ACTIVE
- MLS#
- 2550410
- Days on Market
- 19
- Annual Tax Ammount
- 6174
Property Description
Position your business for success with this highly visible commercial property located on the corner of 24th Street and Commercial Avenue. Situated on approximately 9,000 square feet of commercially zoned land, this versatile property offers exceptional opportunities for owner-users, investors, or future redevelopment. The ground level features approximately 2,000± square feet currently configured as retail space with spacious offices, a welcoming reception/lobby area, and a large workroom/storage area that can easily be reconfigured for retail, medical, professional services, or other commercial uses. The upper level includes three additional private offices and a convenient bathroom, providing added flexibility for administrative offices or tenant space. An adjacent retail building is currently occupied, and the property generates income from three long-term tenants, allowing you to collect rental income while planning your future vision. Additional highlights include ample on-site parking, energy-efficient heat pump heating and cooling, low utility costs, a newer roof, and a well-maintained building. Located in one of Anacortes' busiest commercial corridors and surrounded by retail, restaurants, automotive businesses, and other established commercial uses, this property offers outstanding exposure, dual signage opportunities, and endless possibilities for investment or owner occupancy.
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Additional Information
- Community
- Anacortes
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1900
- # of Assigned Spaces
- 8
- Roof
- Composition
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Laminate, Vinyl, Carpet
- Driving Directions
- I5 North, Exit 230 to Anacortes. North on Commercial Ave to 24th St. Property on SW corner of 24th and Commercial.
- Electric Expenses
- 2409
- Other Expenses
- 2525
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $25,980
- Gross Scheduled Income
- $42,000
- Water/Sewer/Garbage Expenses
- $2,043
- Cap Rate
- 3.1
- Total Expenses
- $16,020
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.