2001-2011 Commercial Ave - Storefront Retail/Office FOR SALE


Anacortes, WA 98221
$2,150,000 USD
360-293-8008
2001-2011 Commercial Ave, Anacortes, WA for Sale
$2,150,000 USD
Storefront Retail/Office - FOR SALE
1/37
null | 5.15% Cap Rate

2001-2011 Commercial Ave
Anacortes, WA 98221


OVERVIEW

Fidalgo Commercial Properties is a four-parcel midtown corner assemblage on Commercial Avenue, the primary retail corridor in Anacortes, Washington. The offering presents an investor with stable in-place income, an eight-year tail on the anchor restaurant lease, hard-to-find Commercial Ave frontage, fifteen commercial parking stalls, embedded apartment-rent upside on next turn, and approximately 0.48 acre of contiguous commercially zoned land — all in a Pacific Northwest tourism submarket at the gateway to the San Juan Islands.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,314 SF

ZONING

Commercial

APN/PARCEL ID

P60409,P60410,P60411,P60412

ASK ABOUT THIS PROPERTY

Nate ScottWindermere Real Estate/AnacortesMore Info
360-293-8008

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Nate ScottWindermere Real Estate/AnacortesMore Info
360-293-8008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.