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  • Listed by: 

    Allen G. Workman,

    John L. Scott Anacortes

    Price cut: $235K (7/29)
    $965,000

    1120 Commercial Ave, Anacortes, WA 98221

    --beds
    --baths
    0.3Acres
    Unimproved Land
    Built in ----
    0.3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Corner lot
    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.
    104 days
    on Zillow
    |
    328
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 10:21am

    Listed by:

    Allen G. Workman,

    John L. Scott Anacortes

    Source: NWMLS,MLS#: 2363469MLS Logo
    Travel times

    Facts & features

    Interior

    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.3 Acres
    • Dimensions: 120 x 100
    • Features: Corner Lot
    • Topography: Level
    Details
    • Parcel number: P55110
    • Zoning description: Commercial,Jurisdiction: City
    • Special conditions: Standard

    Utilities & green energy

    • Electric: On Property
    • Gas: In Street
    • Sewer: Available
    • Water: Available, Jurisdiction: City of Anacortes
    • Utilities for property: Electricity Connected, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Anacortes
    Location
    • Region: Anacortes

    Financial & listing details

    • Annual tax amount: $8,719
    • Date on market: 4/21/2025
    • Listing terms: Cash Out,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved
    • Cumulative days on market: 105 days
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