Property Details

2320 Commercial Avenue
Anacortes, WA 98221
$750,000
MLS# 2550410 courtesy of NWMLS Listing firm: John L. Scott Anacortes

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2320 Commercial Avenue , Anacortes, WA 98221, Anacortes

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2320 Commercial Avenue , Anacortes, WA 98221, Anacortes

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Commercial
Property Type
2,400
Bldg Sq Ft
3
Units
3.10%
Cap Rate
1900
Year Built

Property Overview

Position your business for success with this highly visible commercial property located on the corner of 24th Street and Commercial Avenue. Situated on approximately 9,000 square feet of commercially zoned land, this versatile property offers exceptional opportunities for owner-users, investors, or future redevelopment. The ground level features approximately 2,000± square feet currently configured as retail space with spacious offices, a welcoming reception/lobby area, and a large workroom/storage area that can easily be reconfigured for retail, medical, professional services, or other commercial uses. The upper level includes three additional private offices and a convenient bathroom, providing added flexibility for administrative offices or tenant space. An adjacent retail building is currently occupied, and the property generates income from three long-term tenants, allowing you to collect rental income while planning your future vision. Additional highlights include ample on-site parking, energy-efficient heat pump heating and cooling, low utility costs, a newer roof, and a well-maintained building. Located in one of Anacortes' busiest commercial corridors and surrounded by retail, restaurants, automotive businesses, and other established commercial uses, this property offers outstanding exposure, dual signage opportunities, and endless possibilities for investment or owner occupancy.

Property Details

Property Information

Property Type Commercial Sale
Subtype Commercial Industrial
Status Active
County Skagit
Neighborhood Anacortes
Listed Jul 8, 2026
Original Price $825,000
Parcel Number P57221

Tax & HOA

Annual Property Tax $6,174 (2026)
Est. Monthly Tax $515/mo

Financial Summary

Cap Rate 3.10%
Net Operating Income $25,980
Gross Scheduled Income $42,000
Total Expenses $16,020
Total Actual Rent $3,500/mo

Building & Use

Building Sq Ft 2,400
Total Units 3
Sq Ft Rented 2,650
Zoning Commercial
Possible Use Commercial
Lot Size 8,999 sqft
Year Built 1900

Exterior & Lot

Lot Size 0.21 sqft
Year Built 1900
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Exterior Features Wood

Community & Access

Directions I5 North, Exit 230 to Anacortes. North on Commercial Ave to 24th St. Property on SW corner of 24th and Commercial.

Location

City Anacortes
County Skagit
Coordinates 48.50313, -122.61307

Additional Information

Tax Year 2026
Annual Taxes $6,174
Possession Array
Listed By
Allen G. Workman
John L. Scott Anacortes

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