About this home

Rare development opportunity in the heart of Anacortes’ Central Business District. Expansive 30,000 SF corner lot with mixed-use zoning allowing business, retail, office, residential, or hospitality uses. Maximum building height up to 65 feet, offering excellent vertical potential for multi-story development. Prime corner exposure provides exceptional visibility, access, and design flexibility. Ideal for developers seeking a signature project in a high-demand coastal community with strong long-term investment potential. Great downtown location within walking distance to shops, restaurants, waterfront, and marina. Buyer to verify development potential.

Schools

Elementary

Buyer To Verify

Middle

Anacortes Mid

High

Anacortes High

Property details

View: Bay, City, Mountains, Partial, Sound, Territorial
Lot: Alley, Corner Lot, Curbs, Paved, Sidewalk
Water source: Available
Sewer: Available
Utilities: Electricity Available, Natural Gas Available

Costs

Annual taxes: $12,002 (2025)

Estimate your monthly payment

$16,928/mo

Principal & interest: $15,928
Property taxes: $1,000

Down payment (20%) $630,000 Interest rate (%) Loan term (years)

Loan amount $2,520,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Anacortes, WA 98221

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere RE Anacortes Prop.— Caroline Baumann.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.