Anacortes, WA 98221 1120 Commercial Ave
$965,000
Pending
Presented By: John L. Scott Anacortes and NWMLS
- MLS# 2363469
- 04/22/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Prime Corner Lot – High Visibility Location Rare opportunity to own a premier corner lot at the busiest intersection in Anacortes, directly across from Safeway, the busiest shopping center in town. High traffic counts and exposure from 4 corners. Land only sale with income-producing ground lease in place through 2039. Zoned Commercial with flexible use options—retail, office, housing, and more. Excellent access from both Commercial Ave and 12th St. Strong current cash flow with future redevelopment potential. Current ground lease has end term in 2029 with 2-5year options to renew through 2034 and 2039. Yearly adustments of 6%. Lease is nnn.
Presented By: John L. Scott Anacortes and NWMLS
Interior Features for 1120 Commercial Ave
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces
General for 1120 Commercial Ave
Building Area UnitsSquare Feet
Carport Y/NNo
CityAnacortes
CountySkagit
DirectionsI5 North, exit 230 to Anacortes. Travel west on HWY 20 to Anacortes. North on Commercial Ave to intersection of HWY 20 and 12th St
Elementary SchoolBuyer To Verify
Gas StatusIn Street
HOANo
HOA Fee$
High SchoolBuyer To Verify
High School DistrictAnacortes
Listing TermsCash Out, Conventional
Lot Size Square Feet12987
Lot Size UnitsSquare Feet
MLS Area815 – Anacortes
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-09-22T19:36:10.792Z
NWM_ShowMapLinkY
PossessionClosing
Possible UseCommercial
Property Style40 – Res-Less thn 1 Ac
Property SubtypeLand
Property TypeLand
Public RemarksPrime 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. Hig
Senior Community Y/NNo
SewerAvailable
Special Listing ConditionsNone
Standard StatusPending
StatusPending Feasibility
Structure TypeUnspecified
Subdivision NameAnacortes
Tax Annual Amount8719
Tax Year2025
TopographyLevel
UtilitiesElectricity Connected, Natural Gas Available
ViewTerritorial
Zoning DescriptionCommercial
Exterior for 1120 Commercial Ave
Building Area Total
Irrigation Water Rights Y/NNo
Lot Dimensions120×100
Lot FeaturesCorner Lot
Lot Number17, 18, 19 and 20
Lot Size Acres0.2981
Road Surface TypePaved
Water SourceAvailable
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Buyer To Verify Elementary School
Middle School
Buyer To Verify Middle School
High School
Buyer To Verify High School
Josh QA1
REALTOR ® SRES ®