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    615 Commercial Ave

    Anacortes, WA 98221
    • $2,975,000
    • STATUS: Active
    • ON SITE: 100 days
    • ID#: 1688185
    UPDATED: 21 min ago
    $2,975,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Windermere Re Anacortes Prop..

    Description

    The Keystone Building is the iconic Anacortes Building. This is the premier downtown commercial and retail property! Built in approx. 1910 for retail and hotel, the third floor was occupied by the Elks Lodge to house their ballroom, bar and banking facilities!! The roof and skylight restoration has been completed 2021. The ballroom floor has been refinished like new! Main Floor retail is thriving and can have up to 4 different tenants depending on configuration. This property has a 15 car parking lot. See attached docs for income information. Enormous cash flow! Listing agent must be present for all showings. Do not approach tenants or business without appointment.

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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 Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-05T09:13:28.11.

    www.bhgmckenzie.com/homes/116492379
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    615 Commercial Ave Anacortes, WA 98221

    • Price: $2,975,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: 1688185
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    1910
    Built
    Neighborhood:
    City
    County:
    Skagit
    Area:
    Anacortes
    Property Description
    The Keystone Building is the iconic Anacortes Building. This is the premier downtown commercial and retail property! Built in approx. 1910 for retail and hotel, the third floor was occupied by the Elks Lodge to house their ballroom, bar and banking facilities!! The roof and skylight restoration has been completed 2021. The ballroom floor has been refinished like new! Main Floor retail is thriving and can have up to 4 different tenants depending on configuration. This property has a 15 car parking lot. See attached docs for income information. Enormous cash flow! Listing agent must be present for all showings. Do not approach tenants or business without appointment.
    Exterior Features

    Carport YN No Construction Methods Standard Frame Exterior Features Cement/ConcreteStoneStuccoWood Foundation Details Block Open Parking YN No Parking Total 15 Parking Uncovered Total 15 Roof Flat Site Frontage 100 Structure Type Retail Style Code 75 - Retail

    Interior Features

    Fireplace YN No Flooring Ceramic TileConcreteHardwoodVinyl Furnished Unfurnished Heating Cooling Type Radiator Heating YN Yes Interior Features Ceramic TileConcrete

    Property Features

    Building Features Sprinklered Electric Expense 7000 Electric On Property YN No First Right Of Refusal False Fuel Expense 8000 Gross Adjusted Income 216000 Gross Scheduled Income 216000 Insurance Expense 13000 Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 11-15 Net Operating Income 138640 Possible Use CommercialOfficeRetail Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 10991 Tax Year 2020 Total Expenses 45841 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 6000 Water Source Public Zoning Class CommercialOfficeRetail Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Better Homes and Gardens Real Estate McKenzie Group and should be verified by the buyer.


    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 Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-05T09:13:28.11.

     
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    Better Homes and Gardens Real Estate McKenzie Group
    19188 Eighth Avenue NE
    Poulsbo WA, 98370
    Listing Courtesy of Windermere Re Anacortes Prop..