2302 Commercial Avenue, Anacortes, WA 98221
- $525,000
Listing courtesy of RE/MAX Gateway. Selling Office: RE/MAX Gateway.
- Sold Price
- $525,000
- List Price
- $600,000
- Status
- SOLD
- MLS#
- 1642096
- Closing Date
- Oct 19, 2020
- Days on Market
- 10
- Annual Tax Ammount
- 5186
Property Description
Great exposure on this property! 70 feet on Commercial Avenue, includes a 3648 sq ft building AND over 6249 sq. ft. vacant lot behind! Current tenant running a well established restaurant, would like to continue to rent. Interior has a bar and alot of indoor dining areas and outside seating. Extra storage room and attic storage. Low maintenance metal roof. Develop the back lot, lots of possibilities.
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Additional Information
- Community
- Anacortes
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1900
- Roof
- Metal
- Tax Year
- 2020
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Forced Air, Concrete, Wall to Wall Carpet
- Flooring
- Concrete, Vinyl, Carpet
- Driving Directions
- North on Commercial Avenue, property on the left.
- Net Operating Income
- $41,834
- Gross Scheduled Income
- $49,020
- Cap Rate
- 4.5
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