1120 Commercial Ave Ave, Anacortes, WA 98221 (MLS # 2363469)
Listing provided courtesy of Northwest MLS; John L. Scott Anacortes
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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.
LAST UPDATED | 7/29/2025 | TRACT | Anacortes |
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YEAR BUILT | 0 | COMMUNITY | Anacortes |
COUNTY | Skagit | STATUS | Active |
PROPERTY TYPE(S) | Lot/Land/Acreage |
Elementary School | Buyer To Verify |
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Jr. High School | Buyer To Verify |
High School | Buyer To Verify |
PRICE HISTORY | |
Prior to Jul 29, '25 | $1,200,000 |
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Jul 29, '25 - Today | $965,000 |
ADDITIONAL DETAILS | |
AREA | 815 - Anacortes |
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HEAT | None |
LOT | 0.2981 acre(s) |
LOT DESCRIPTION | Corner Lot |
LOT DIMENSIONS | 120x100 |
MLS STATUS | Active |
STYLE | 40 - Res-Less thn 1 Ac |
SUBDIVISION | Anacortes |
TAXES | 8719 |
UTILITIES | Electricity Connected, Natural Gas Available, Sewer Available |
VIEW | Yes |
VIEW DESCRIPTION | Territorial |
ZONING | Commercial |
SATELLITE VIEW |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/1/25 7:40 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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