1120 Commercial Ave, Anacortes, 98221
MLS® #: 2363469
Pending, 155 Days on Market
Listing Office: John L. Scott Anacortes
Last Update: 2025-10-26
0
Garages
155
Dom
0.30
Acres
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.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Status Changed from Pending Feasibility to Pending | – |
| Date: | Details: Status Changed from Active to Pending Feasibility | – |
| Date: | Details: Price Reduced from $1,200,000 to $965,000 |
Features of 1120 Commercial Ave
| MLS® # | 2363469 |
|---|---|
| Price | $965,000 |
| Bathrooms | 0.00 |
| Acres | 0.30 |
| Type | Land |
| Sub-Type | Land |
| Status | Pending |
Community Information
| Address | 1120 Commercial Ave |
|---|---|
| Area | 815 - Anacortes |
| Subdivision | Anacortes |
| City | Anacortes |
| County | Skagit |
| State | WA |
| Zip Code | 98221 |
Amenities
| View | Territorial |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Corner Lot |
|---|
School Information
| District | Anacortes |
|---|---|
| Elementary | Buyer To Verify |
| Middle | Buyer To Verify |
| High | Buyer To Verify |
Additional Information
| Days on Market | 155 |
|---|---|
| Cumulative Days on Market | 155 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $8,719 |
Listing Details
| Office | John L. Scott Anacortes |
|---|
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