$4,995,000
For Sale

619 Commercial Avenue

Anacortes, WA 98221
Listing OfficeCOMPASS
Browse 40 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

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.

  • Property Details
      • InteriorCeramic Tile, Concrete, Hardwood, Wall to Wall Carpet
      • Property SubtypeCommercial Industrial
      • Date ListedOctober 04, 2024
      • Exterior MaterialsCement/Concrete
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style75 - Retail
      • Original List Price$4,995,000
      • Utility SourceCommunity
      • Property TypePurchase
      • SubdivisionOld Town
      • Taxes Annual$11,601
      • MLS #2293793
      • Cost4995000
      • MLS #2293793
      • Acres0.3444
      • CountySkagit
      • Structure TypeRetail
      • Year Built1910
      • Property ConditionGood
      • Days on Market (Cumulative)78
Tony MoralesReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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