1500 Commercial AVE Active

Anacortes,WA 98221

$ 2000000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Anacortes

MLS Listing ID 2282082

Style 61 - Comm Bldg Ovr 10K

Annual Tax Amount $15,813

Lot Size 0.479 Acres

Property Description

Multi-tenant building on Commercial Ave with strong anchor tenants Thrifty Cleaners and D'asian restaurant. Leases are all NNN leases with yearly 3-4% increases and options to renew in place. Currently one space available for lease or for use of the new building owner. The property consists of one 20,580 square foot lot, spanning both Commercial and Residential High Density (R4) zoning, Fronting Commercial Avenue Anacortes' main arterial with 14,000 cars per day flowing by, this building will continue to be easy to lease. Some lease rates are below market giving room to add value over time as leases end.

Location

State WA

County Skagit

Area 815 - Anacortes

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing Cash Out

Listing Terms Cash Out

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