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1120 Commercial Ave Anacortes, WA, United States 98221

Prime Corner Lot – High Visibility Location Rare opportunity to own a premier corner lot at the busiest intersection in Anacortes, directly across from Safeway, the busiest shopping center in town. High traffic counts and exposure from 4 corners. Land only sale with income-producing ground lease in place through 2039. Zoned Commercial with flexible use options—retail, office, housing, and more. Excellent access from both Commercial Ave and 12th St. Strong current cash flow with future redevelopment potential. Current ground lease has end term in 2029 with 2-5year options to renew through 2034 and 2039. Yearly adustments of 6%. Lease is nnn.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Land/Lot
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 2363469
  • Web ID: QTPWXS
  • Status: Active

Property brokered by

John L. Scott Real Estate - WA/ID

(844) 880-3190

Presented by Allen Workman

  • (360) 770-4948

Contact Allen Workman

Contact Agent

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