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3006 Commercial Avenue

Anacortes, WA 98221
  • $4,500,000
  • STATUS: Active
  • ON SITE: 268 Days
  • ID#: 1926731
UPDATED: 29 min ago
$4,500,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Northwest MLS logoListing Courtesy of Real Estate 2000 Inc.: 425-670-2000.


Description

Awesome 44 Room Motel In Downtown Anacortes. 33 Doubles and 11 Singles. Outdoor Pool. Walk To Restaurants, Shops and Marina. 2020 Revenue of $857,587 Increased to $1,063,294 In 2022. Gross Revenue Up $205,707 In 2022! $478,350 Proforma Net Operating Income. 10.63% Cap Rate! Don't Miss Out On This Opportunity To Own A Great Motel In Excellent Condition Throughout!

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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 Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-01-27T21:14:54.333. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-01-27T21:14:54.333. 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.
www.frontstreetrealty.com/homes/128292852
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3006 Commercial Avenue Anacortes, WA 98221

  • Price: $4,500,000
  • Status: Active
  • On Site: 268 Days
  • Updated: 29 min ago
  • ID#: 1926731
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1975
Built
Neighborhood:
Anacortes
County:
Skagit
Area:
Anacortes
Property Description
Awesome 44 Room Motel In Downtown Anacortes. 33 Doubles and 11 Singles. Outdoor Pool. Walk To Restaurants, Shops and Marina. 2020 Revenue of $857,587 Increased to $1,063,294 In 2022. Gross Revenue Up $205,707 In 2022! $478,350 Proforma Net Operating Income. 10.63% Cap Rate! Don't Miss Out On This Opportunity To Own A Great Motel In Excellent Condition Throughout!
Exterior Features

Carport YN No Open Parking YN No Parking Total 0 Structure Type Hotel/Motel Style Code 64 - Hotel/Motel

Interior Features

Building Area Total 0 Fireplace YN No Furnished Unfurnished Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 243 First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 478350 Possession Closing Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Zoning Jurisdiction City

Listing information © 2023 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 Front Street Realty 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 Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-01-27T21:14:54.333. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-01-27T21:14:54.333. 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.
 
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Front Street Realty
22 NW Front Street Suite B
Coupeville WA, 98239
Northwest MLS logoListing Courtesy of Real Estate 2000 Inc.: 425-670-2000.