Bought with Keller Williams Rlty Bellevue
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3006 Commercial AVE Anacortes, WA 98221
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Key Details
Sold Price $4,400,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Anacortes
MLS Listing ID 1926731
Style 64 - Hotel/Motel
Year Built 1975
Lot Size 0.340 Acres
Property Sub-Type Commercial Industrial
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!
Location
State WA
County Skagit
Area 815 - Anacortes
Building
Sewer Sewer Connected
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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