Anacortes, WA 98221 1004 12th Street

Pending
Presented By: American Dream R. E. Services and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2359255
  • 04/13/2025
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Home Details

An exceptional investment opportunity in the highly desirable downtown core of Anacortes. This high-visibility commercial building is strategically positioned on the busiest corner in town, offering strong street presence and consistent foot traffic. The property is fully leased to five long-standing, stable tenants with strong local ties, generating a healthy cap rate. The offering includes the building only – with a land lease in place. This is a turnkey investment with minimal vacancy risk!
Presented By: American Dream R. E. Services and NWMLS

Interior Features for 1004 12th Street

Bedrooms

Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces

General for 1004 12th Street

Building Area UnitsSquare Feet
Building FeaturesDisabled Access, Signage Included, Storage
Cap Rate11
Carport Y/NNo
CityAnacortes
CoolingForced Air
CountySkagit
Directionscommercial to 12th and Commercial
Electric Expense14500
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
Insurance Expense2400
Listing TermsCash Out
Lot Size Square Feet12000
Lot Size UnitsSquare Feet
MLS Area815 – Anacortes
ModificationTimestamp2025-09-04T23:44:10.695Z
NWM_ShowMapLinkY
Net Operating Income50000
Number Of Units Total5
PossessionClosing
Possible UseRetail
Property ConditionGood
Property Style62 – Business Opp.
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksAn exceptional investment opportunity in the highly desirable downtown core of Anacortes. This high-visibility commercial building is strategically positioned on the busiest corner in town, offering s
RoofTorch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Inspection
Structure TypeUnspecified
Subdivision NameAnacortes
Tax Annual Amount8000
Tax Year2025
TopographyLevel
Total Actual Rent7900
Water CompanyCity of Anacortes
Water Sewer Garbage6000
Year Built2009
Zoning DescriptionRetail

Exterior for 1004 12th Street

Building Area Total
Covered Spaces
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.2755
Parking Uncovered Total13
Site Frontage250
Total Parking13
Water SourcePublic

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $349,999
MLS#2359255
List Date 04/13/2025
Property Type Pending
Phone 925.123.4567
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Request Info
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