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.
Active
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
- 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#: 2363469

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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