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Listed by Malia Morin • American Dream R. E. Services.

FOR SALE

$1,900,000

Est. $9,587/mo

1202 Commercial Avenue, Anacortes, WA 98221

• Listed 2026-05-13•25 days on market

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★★★★★5.0·1,235 Google reviews

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of May 13, 2026 at 12:04pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). 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 RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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About this home

Position your business at the center of it all with this exceptionally rare commercial opportunity in one of the most highly sought-after locations in Anacortes. Situated on arguably the most visible corner in all of Anacortes, this prominent property offers unmatched exposure, high daily traffic, and endless potential for a wide variety of business ventures. This impressive 3,444 sq. ft. building was beautifully renovated in 2010, blending modern updates with timeless appeal. Inside, you’ll find expansive open space, abundant natural light, and an inviting atmosphere designed to impress clients, customers, and guests alike. The upstairs level showcases stunning water views, creating an inspiring and unforgettable setting rarely found in commercial real estate. Whether envisioned as a flagship retail location, professional office space, boutique destination, restaurant, gallery, or mixed-use concept, this property delivers the visibility, character, and location that businesses dream of. Opportunities like this seldom come available in Anacortes — a premier corner location, gorgeous water views, substantial square footage, and a beautifully updated building all combined into one extraordinary investment.

Property type

Single Family

Year built

1990

Interior

Not listed

Lot size

0.2 acres

Parking

None

Price / sq ft

Not listed

HeatingRadiant

CoolingNone

Property taxes$9,579/yr (est.)

Listed by Malia Morin • American Dream R. E. Services

Listing updated: May 13, 2026 at 12:04pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2523163

RexMont Market Signal©

Ask RexMont to verify value

$523,000

-$1,377,000 under list price

Nearby comparable homes

RexMont uses 4 strongest recent nearby sales, priced between $405K and $600K.1 outlier sale was excluded from this snapshot.

Rental earnings

$1,575/mo

Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

Viewing 1 of 4

Sold Sep 23, 2025Comp 1

$445,000Last sold price

1 beds1 baths912 sq ft

1413 14th St, Anacortes, WA 98221

$488/sq ft0.3 mi awaysmaller lot66 years older

Satellite view for 4304 Blue Heron Circle #102, Anacortes

Sold Jul 15, 2025Comp 2

$405,000Last sold price

1 beds0 baths764 sq ft

4304 Blue Heron Circle #102, Anacortes, WA 98221

$530/sq ft1.9 mi awaysmaller lot

Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.

More resources

Rental earningsEst. $1,575 per month, before expense review

RexMont OfferEdge^™

How much should you offer?

1202 Commercial Avenue, Anacortes, WA 98221

Your offerDown payment %

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List price

$1,900,000

Down payment

$380,000

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Mortgage payment forecast

$10,860 per month

Great rate

Principal and interest

Property taxes

HOA dues

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhood Compare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

Market pulse

Anacortes is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market

Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: Days-on-market data not available for this area.

Recent sales nearby

Within 1 mile · last 6 months

$700,000 Sold
4 weeks ago
•Single Family
1808 Commercial Avenue, Anacortes, WA 98221
15%
Under list
—
Days on market
0.3 mi
Distance
$535,000 Sold
4 months ago
4 bd•1 ba•~1,487 sq ft•Single Family
1922 22nd Street, Anacortes, WA 98221
5%
Under list
—
Days on market
0.9 mi
Distance
$680,000 Sold
4 months ago
3 bd•1 ba•~1,634 sq ft•Single Family
2106 E Avenue, Anacortes, WA 98221
0%
Over list
—
Days on market
1.0 mi
Distance
$585,000 Sold
5 months ago
3 bd•1 ba•~1,342 sq ft•Single Family
1917 24th Street, Anacortes, WA 98221
0%
Over list
—
Days on market
1.0 mi
Distance
$697,000 Sold
5 months ago
3 bd•1 ba•~1,542 sq ft•Single Family
2302 13th Street, Anacortes, WA 98221
1%
Over list
—
Days on market
0.9 mi
Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Jun 2026

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