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619 Commercial Avenue

Anacortes, WA 98221
  • $4,995,000
  • STATUS: Active
  • MLS #: 2293793
UPDATED: 55 min ago
$4,995,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-11-14T00:14:49.533. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-11-14T00:14:49.533. 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.
www.reubenbrayhomes.com/homes/156346893
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619 Commercial Avenue Anacortes, WA 98221

  • Price: $4,995,000
  • Status: Active
  • On Site: Days
  • Updated: 55 min ago
  • MLS #: 2293793
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1910
Built
Neighborhood:
Old Town
County:
Skagit
Area:
Anacortes
Property 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.
Exterior Features

Carport YN No Exterior Features Cement/Concrete Lot Size Dimensions 100x150 Open Parking YN No Parking Total 15 Roof FlatSee Remarks Structure Type Retail Style Code 75 - Retail Topography Level

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileConcreteHardwoodVinylCarpet Heating Forced AirRadiatorTankless Water HeaterWall Unit(s) Heating YN Yes Interior Features Ceramic TileConcreteHardwoodWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Accessory Dwelling Unit Detached Dwelling Association Fee 0 Association YN No Detached Dwelling Sq Ft Finished 500 Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 11-15 Net Operating Income 278808 Possession Closing Possible Use BusinessCommercialOfficeRetail Power Company Puget Sound Energy Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City of Anacortes Short Term Rental YN No Special Listing Conditions None Tax Annual Amount 11601.78 Tax Year 2023 Water Company City of Anacortes Water Source Community Zoning Class BusinessCommercialOfficeRetail Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-11-14T00:14:49.533. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-11-14T00:14:49.533. 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.
 
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Reuben Bray Homes | Realty One Group Prestige
11818 SE Mill Plain Blvd Ste. 403
Vancouver WA, 98684
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.