2318 Commercial Avenue, Anacortes, WA 98221

$400,000

Listing courtesy of John L. Scott Anacortes. Selling Office: John L. Scott Anacortes.

Sold Price
$400,000
List Price
$445,000
Status
SOLD
MLS#
1407088
Closing Date
Jun 07, 2019
Days on Market
87
Annual Tax Ammount
4327

Property Description

Excellent location for your new office, retail space or healthcare related business. Ground floor area of approximately 1800SF +/- currently serves as Chiropractic office. Has 3 large rooms, counter area and large waiting room which could easily be converted to different use. Detached building of 350SF used as retail store. Ample parking, low utilities costs, heat pump, new roof 2005 and bldg. in good condition. Open up your new business and immediately have tenant income as well.

Additional Information

Community
Anacortes
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1900
# of Assigned Spaces
8
Roof
Composition
Tax Year
2018
Potential Terms
Cash Out, Conventional
Interior Features
Heat Pump, Wall to Wall Carpet
Flooring
Vinyl, Carpet
Driving Directions
I5 North, Exit 230 to Anacortes. North on Commercial Ave to 24th St. Property on SW corner of 24th and Commercial.
Electric Expenses
1010
Net Operating Income
$33,801
Gross Adjusted Income
$42,600
Gross Scheduled Income
$42,600
Water/Sewer/Garbage Expenses
$1,051
Cap Rate
6.3
Total Expenses
$8,799
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