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Investment Highlights

  • .78 acre mixed-use site, level and cleared
  • Preliminary plans, city feedback, environmental study, traffic study, survey etc. available
  • Located in an Opportunity Zone
  • Excellent location for tenants near, major traffic arteries, Port facilities, ferries and Whidbey NASW

Executive Summary

Situated in a federally designated Opportunity Zone, the project offers unparalleled tax incentives.
Excellent location for tenants near major traffic arteries, Port facilities, ferries and the Whidbey Island NASW.

Property Facts

Price $3,615,508 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 0.78 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $3,615,508 CAD
Price Per AC $4,635,266.86 CAD
Lot Size 0.78 AC

A rare opportunity to develop a flagship mixed-use project on the South end of downtown Anacortes, prime 0.78+ acre site is level and cleared. Situated in a Federally Designated Opportunity Zone.

Description

A rare opportunity to develop a flagship mixed-use project on the South end of downtown Anacortes. Re-imagine this Anacortes location, formerly the iconic San Juan Lanes, this prime 0.78+ acre site is level and cleared. Situated in a federally designated Opportunity Zone, the project offers unparalleled tax incentives. Preliminary drawings feature a modern residential 64 unit complex optimized for the growing PNW housing demand. Planned ground-floor space for a gym, boutique coffee shop, and innovative "live/work" units to capture the remote-professional market. Combination of land size and zoning will allow for much higher density with design. Excellent location for tenants near major traffic arteries, Port facilities, ferries and the Whidbey Island NASW. *Call LA for more info/reports available including preliminary plans, CofA feedback, environmental, traffic study, survey, etc uploaded.

Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
P57370
Land Assessment
$2,316,850 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,316,850 CAD
  • Listing ID: 39977749

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 2821 Commercial Ave, Anacortes, WA 98221

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