5320 Ferry Terminal RdAnacortes, WA 98221

This exceptional 2.02-acre property in Anacortes, Washington, presents a unique development opportunity. Located at 5320 Ferry Terminal Rd, 98221, this mixed-use (Marine) zoned land boasts stunning waterviews and a highly desirable location. Its proximity to the Washington State Ferry terminal and the Guemes Channel Trail offers unparalleled convenience and accessibility. The property's zoning allows for a variety of development options, including residential projects such as townhomes or apartments. There are no density maximums, providing flexibility in design within specified parking, landscaping, and height restrictions. The existing structure on the property, an old restaurant building, is considered a tear-down. Buyers should be aware that the building and decks are unsafe and should not be entered. This prime location, combined with the flexibility of mixed-use zoning and the absence of density restrictions, makes this a truly exceptional investment opportunity. The asking price for this remarkable waterfront property is $1,250,000. Broker co-op is available.