619 Commercial Avenue

Anacortes, WA 98221

  • Bed

  • Bath

  • 0 SqFt

  • 217 DOM

  • Built: 1910

  • Status: Active

$4,895,000

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619 Commercial Avenue

Anacortes 98221

$4895000

  • Bed

  • Bath

  • 0 SqFt

  • 217 DOM

  • Built: 1910

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

The iconic Keystone Building has been the anchor of downtown Anacortes for over 100 years! A vibrant city of prestigious marinas & aspiring artists, Anacortes's recent growth is legendary, making this investment a no-brainer. Poured concrete construction + new roof, skylight & recent sewer/foundation improvements mean you can focus on the fun things; exterior paint & bringing your own vision to this classic building. The well maintained interior has amazing historic details, all intact & waiting for your continued care & vision. Sale includes 1890 era cottage for retail or residential and two city lots in the back so you can expand or create something new! Cap rate 5.5%. List on the NHR to receive huge tax benefits with future restorations.

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