Anacortes, WA 98221
Bed
Bath
0 SqFt
217 DOM
Built: 1910
$4,895,000
$4895000
Bed
Bath
0 SqFt
217 DOM
Built: 1910
CEO & Founder
(650)533-3259The iconic Keystone Building has been the anchor of downtown Anacortes for over 100 years! A vibrant city of prestigious marinas & aspiring artists, Anacortes's recent growth is legendary, making this investment a no-brainer. Poured concrete construction + new roof, skylight & recent sewer/foundation improvements mean you can focus on the fun things; exterior paint & bringing your own vision to this classic building. The well maintained interior has amazing historic details, all intact & waiting for your continued care & vision. Sale includes 1890 era cottage for retail or residential and two city lots in the back so you can expand or create something new! Cap rate 5.5%. List on the NHR to receive huge tax benefits with future restorations.
Listing Provided Courtesy of Jennifer Wynn, COMPASS
NWM2293793
Commercial Industrial
217 DOM
0.34 acres
0
1910
Busines
Skagit
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Jennifer Wynn, COMPASS
Kasamestates data last checked: Jun 06, 2025 09:34 | Listing last modified May 09, 2025 16:47,
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0
Flat, See Remarks
75 - Retail
1910
Poured Concrete
Ceramic Tile, Concrete
Cement/Concrete
Community
Sewer Connected
10206.31
11601.78
Cash Out, Conventional
10-04-2024
217
217
Cash Out, Conventional
$4,995,000
$4,995,000
May 09, 2025 16:47
Listing courtesy of COMPASS.
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Kasamestates data last checked: Jun 06, 2025 09:34 | Listing last modified May 09, 2025 16:47.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
CEO & Founder
(650)533-3259The iconic Keystone Building has been the anchor of downtown Anacortes for over 100 years! A vibrant city of prestigious marinas & aspiring artists, Anacortes's recent growth is legendary, making this investment a no-brainer. Poured concrete construction + new roof, skylight & recent sewer/foundation improvements mean you can focus on the fun things; exterior paint & bringing your own vision to this classic building. The well maintained interior has amazing historic details, all intact & waiting for your continued care & vision. Sale includes 1890 era cottage for retail or residential and two city lots in the back so you can expand or create something new! Cap rate 5.5%. List on the NHR to receive huge tax benefits with future restorations.