1120 Commercial Ave Ave, Anacortes, WA 98221 (MLS # 2363469)

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Listing provided courtesy of Northwest MLS; John L. Scott Anacortes

PRICE $965,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 12,986 sqft

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
YEAR BUILT 0 COMMUNITY Anacortes
COUNTY Skagit STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify

PRICE HISTORY
Prior to Jul 29, '25 $1,200,000
Jul 29, '25 - Today $965,000


ADDITIONAL DETAILS
AREA 815 - Anacortes
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 Logo 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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