All homes

$2,600,000

2821 Commercial Avenue

Anacortes, WA 98221

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.79 ac

Year built

Type

Land

Days listed

172

MLS #

2499718

About this home

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. Excellent location for tenants near major traffic arteries, Port facilities, ferries and the Whidbey Island NASW. Adjacent to a city park with beautiful views of the Salish Sea and the majestic Mount Baker, this property has endless opportunity. Located in the City of Anacortes' most flexible zoning, permited uses allow for an extensive list of uses including but not limited to multifamily, live work, adult/assisted living, nursing home, medical, retail, heavy retail, marine sales, gas station and hotel/overnight lodging and restaurant.

Property details

View
Territorial
Lot
Corner Lot, Curbs, Paved, Sidewalk
Water source
On Property
Sewer
On Property
Utilities
Electricity Connected, Natural Gas Available

Costs

Annual taxes
$13,021 (2026)

Estimate your monthly payment

$14,232/mo

Principal & interest
$13,147
Property taxes
$1,085
Loan amount $2,080,000

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.— Colleen L. Craig.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.

No spam. We'll only reach out about your search.