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.
Listing Provided Courtesy of Allen G. Workman, John L. Scott Anacortes
General Information
NWM2363469
Land
1
DOM
0.3 acres
0
Commerc
Skagit
Buyer To Verify
Buyer To Verify
Buyer To Verify
Land
Land
Listing Provided Courtesy of Allen G. Workman, John L. Scott Anacortes
Krishna Realty data last checked: Jun 20, 2025 08:58 | Listing last modified Apr 23, 2025 14:45,
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Residence Information
0
40 - Res-Less thn 1 Ac
Features and Utilities
Available
Available
Financial
8719
Cash Out, Conventional
04-22-2025
Comparable Information
1
1
Cash Out, Conventional
$1,200,000
$1,200,000
Apr 23, 2025 14:45
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
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.
