Listed by John L. Scott Anacortes
$965,000
$235K PRICE DROP

1120 Commercial Ave Anacortes, WA 98221

Estimated payment $5,869/month

Total Views 10,666
0.3 Acre
$3,237,169 Price per Acre
12,985 Sq Ft Lot

Highlights

  • Territorial View
  • Corner Lot
  • No HOA
  • Anacortes High School Rated A-

About This Lot

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 Agent

Allen Workman

John L. Scott Anacortes License #19003 Listed on: 04/22/2025

John L. Scott Anacortes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2363469

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,719

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 120x100
  • Corner Lot
  • Level Lot
  • P32953
  • Zoning described as Commercial

Property Views

  • Territorial Views

Community Details

  • No Home Owners Association
  • Anacortes Subdivision

Listing and Financial Details

  • Legal Lot and Block 17, 18, 19 and 20 / 40
  • Assessor Parcel Number P55110

Property Details

Property Type

Land

Est. Annual Taxes

$8,719

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: Unknown
  • Special Features: None

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: Corner
  • WaterJurisdiction: City of Anacortes

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Anacortes
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P55110
  • Topography: Level
  • Lot Size Acres: 0.2981
  • Lot Size: 120x100
  • Lot Size Sq Ft: 12987
  • Additional Parcels Description: P32953
  • Zoning Description: Commercial
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Appraisal
  • ZoningJurisdiction: City
  • LotNumber: 17, 18, 19 and 20

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8719

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $965,000 -19.6% --
04/22/2025 04/22/25 For Sale $1,200,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2363469

Northwest Multiple Listing Service (NWMLS)
Washington Skagit County Anacortes 98221

1120 Commercial Ave, Anacortes, WA

This home is located at 1120 Commercial Ave, Anacortes, WA 98221 and is currently priced at $965,000. 1120 Commercial Ave is a home located in Skagit County with nearby schools including Anacortes High School and Secret Harbor.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Allen Workman
Listing Agent
Allen Workman
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John L. Scott Anacortes
(360) 523-9283