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1120 Commercial Ave #17, 18, 19 and 20, 
Anacortes, WA 98221

$1,200,000


Bed


Bath


-

Sq Ft


0.30

Acres (Lot)


Land

Active

Listed by

Allen G. Workman

John L. Scott Anacortes

Last updated:

April 23, 2025, 03:53 PM

MLS#

2363469

Source:

NWMLS

About This Land

1120 Commercial Ave #17, 18, 19 and 20

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.30

MLS #:

2363469

Last Updated:

April 23, 2025, 03:53 PM


Finances & Disclosures

Finances

Price:

$1,200,000

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 4, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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