Bought with Keller Williams Rlty Bellevue
$4,400,000
$4,500,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
3006 Commercial AVE Anacortes, WA 98221
0.34 Acres Lot
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
Sold Date 04/21/23
Style 64 - Hotel/Motel
Year Built 1975
Lot Size 0.340 Acres
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
Interior
Fireplace No
Building
Sewer Sewer Connected
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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