Anacortes, WA. 718 commercial ave. FOR lease. 2,320 +/- sf retail space in a 10,820 +/- sf building. Located in historic downtown Anacortes

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718 commercial ave Anacortes, WA FOR lease 2,320 +/- sf retail space in a 10,820 +/- sf building Located in historic downtown Anacortes Frontage on Commercial Ave alongside four other retail spaces Zoned CBD: Central Business District $8.50 psf NNN Clay Learned, CCIM, SIOR Learned Commercial, Inc. 108 Gilkey Road, Burlington, WA 98233 360.757.3888 clay@claylearned.com All info deemed reliable however verification recommended.

Ch. 17.20 Central Business Use District (CBD) Anacortes Municipal Code Page 1 of 5 Chapter 17.20 CENTRAL BUSINESS USE DISTRICT (CBD) Sections: 17.20.010 17.20.020 17.20.030 17.20.040 17.20.050 17.20.060 17.20.070 17.20.080 17.20.090 17.20.100 17.20.110 17.20.120 17.20.130 Purpose. Permitted uses. Permitted accessory uses. Conditional uses. Minimum lot size. Minimum setback requirements. Maximum density. Maximum land coverage. Maximum building height. Off-street parking requirements. Building standards. Basic design standards. Commercial Avenue street frontage. 17.20.010 Purpose. The central business district (CBD) is intended to concentrate stores, offices, financial institutions, service establishments, and other similar facilities in a centrally located area that will conveniently and adequately serve citizens of Anacortes and visitors with a complete selection of goods and services. The regulations for this district are designed to encourage the grouping and development of complementary businesses, and to discourage development of businesses or activities which would: A. Disrupt pedestrian/shopper circulation patterns; B. Create pedestrian safety hazards or nuisances; C. Lessen the attraction of the CBD as the retail trade center; D. Preclude use of significant portions of first floor store frontage for retail trade. (Ord. 2794 1 (Att. A), 2008; Ord. 2316 (part), 1994) 17.20.020 Permitted uses. A. Retail stores, personal service shops, and household item repair and cleaning shops;

Ch. 17.20 Central Business Use District (CBD) Anacortes Municipal Code Page 2 of 5 B. Offices, financial service institutions, printing works; C. Eating and drinking establishments, bed-and-breakfast establishments, hotels, motels; D. Enclosed recreational enterprises; E. Churches, clubs, art galleries, libraries, museums, educational facilities; F. Municipal service buildings, passenger terminals, parking lots and parking structures; G. Other commercial and service uses of similar or less impact upon the district and conforming with Section 17.20.010, Purpose, parks; H. Multifamily above the first floor. (Ord. 2316 (part), 1994) I. Commercial parking; J. Public parking; K. Private parking. (Ord. 2812 1 (Att. A), 2010; Ord. 2794 1 (Att. A), 2008) 17.20.030 Permitted accessory uses. Single-family dwelling units in conjunction with and accessory to permitted uses and located within the same building as the permitted use and located above the first floor. Any uses customarily incidental to the permitted use. (Ord. 2794 1 (Att. A), 2008; Ord. 2316 (part), 1994) 17.20.040 Conditional uses. A. Restaurant sidewalk use; B. Landmark buildings with any approved use, generally not permitted within the area s land use classification, which occurs or will occur in a landmark building recognized as such by the city council; C. Single-family residence, if in an existing building that was a single-family residence at some time in its past (no new single-family residences shall be constructed in this zone); D. Any retail store, or complex of retail stores, with more than fifty thousand square feet of total, combined floor area, otherwise permitted in the underlying zone. (Ord. 2794 1 (Att. A), 2008) 17.20.050 Minimum lot size. No minimum. (Ord. 2794 1 (Att. A), 2008; Ord. 2316 (part), 1994)

Ch. 17.20 Central Business Use District (CBD) Anacortes Municipal Code Page 3 of 5 17.20.060 Minimum setback requirements. Along any property line adjoining a residentially zoned district with no intervening street or alley there shall be a setback of at least ten feet. No setback is required at other property lines. (Ord. 2794 1 (Att. A), 2008; Ord. 2316 (part), 1994) 17.20.070 Maximum density. No maximum. (Ord. 2794 1 (Att. A), 2008; Ord. 2316 (part), 1994) 17.20.080 Maximum land coverage. No maximum. (Ord. 2794 1 (Att. A), 2008; Ord. 2316 (part), 1994) 17.20.090 Maximum building height. Fifty feet. (Ord. 2794 1 (Att. A), 2008) 17.20.100 Off-street parking requirements. Parking shall meet the requirements of Chapter 17.46, Parking. (Ord. 2794 1 (Att. A), 2008; Ord. 2316 (part), 1994) 17.20.110 Building standards. A. In order to make large new buildings compatible with the scale of existing city development, and create a pedestrian-friendly environment, the apparent size of buildings and parking areas shall be broken down to relate to human scale by the following means: B. If a building facade exceeds fifty feet in length, it shall be broken down into smaller elements by jogging the wall in or out a minimum of four feet for at least ten feet of length, or by adding an element such as a porch, recessed entry, bay window, projecting trellis or similar substantial architectural feature at least four feet deep by ten feet wide by one-story high, at intervals so that no continuous wall plane is more than fifty feet in length. C. If a building exceeds twenty feet in height, its apparent height shall be modulated wherever it is within ten feet of a sidewalk, plaza, courtyard, or similar pedestrian area, by adding shorter (twenty feet or less) building elements such as a wing of the building, arcade, trellis, lower roof overhang, horizontal projection at least two feet deep, awning, balcony or other architectural feature to reduce the apparent height to a more human scale.

Ch. 17.20 Central Business Use District (CBD) Anacortes Municipal Code Page 4 of 5 D. If a building wall is within twenty feet of a sidewalk, plaza, courtyard, or similar pedestrian area, it shall incorporate human-scale elements such as windows, arcades, lower roof overhangs, small-scale textural and color changes, moldings, balconies, projecting and recessed elements, doorways, landscaped areas, trellises, artwork and/or other small-scale architectural features so that people will not be walking past large blank wall surfaces. E. Primary building entrances shall be clearly visible from streets, pedestrian ways and parking areas, with recessed or covered entrance areas to protect people from the rain. Projects shall be designed to facilitate pedestrian access, with pedestrian walkways connecting building entrances to adjacent public ways in locations which provide access to pedestrian street crossings. F. Service and loading areas shall be located away from the primary parking and pedestrian areas to minimize conflicts. Dumpsters, loading platforms, storage areas, and similar functions shall be screened from direct view from pedestrian areas by attractive view-obstructing fencing or dense landscaping. G. Parking lots in this zone shall provide landscaped areas distributed throughout the parking areas, totaling not less than five percent of the parking lot area, in addition to the perimeter landscaping required by subsection 17.46.080(A). In order to limit impervious surface and avoid excessively large parking areas, parking lots in the CBD zone shall not exceed the minimum number of spaces required for each use under Chapter 17.46 by more than ten percent. (Ord. 2794 1 (Att. A), 2008; Ord. 2592 Att. A 13, 2002) 17.20.120 Basic design standards. The following requirements shall apply to a building or complex of buildings exceeding fifty thousand square feet in gross floor area, because of the potential for a large structure to overwhelm and dominate this section of the city, to the detriment of existing uses and smaller businesses: A. To visually modulate the vast expanses of parking required for a large building, an added two percent of the parking lot areas shall be developed in landscaping, in addition to the basic parking lot landscaping requirement for this zone. The landscaping plan for the project must be approved by the planning commission. B. Parking shall be broken into several smaller parking lots, and buildings shall have entrances on more than one side, to reduce walking distances and to reduce the apparent expanse of the parking lots. C. To visually modulate the greater size of the building, all sides of the building shall either meet the building standards for being within twenty feet of a pedestrian area or shall be partially screened by landscaped areas not less than five feet in width, with at least one tree for each thirty feet of facade length. (Ord. 2794 1 (Att. A), 2008; Ord. 2592 Att. A 12, 2002) 17.20.130 Commercial Avenue street frontage. The following guidelines shall apply to all new buildings in the CBD fronting on Commercial Avenue. Buildings being remodeled or renovated, and those fronting on other streets shall follow these guidelines where feasible, unless doing so would be incompatible with the historic character of the existing buildings.

Ch. 17.20 Central Business Use District (CBD) Anacortes Municipal Code Page 5 of 5 A. No parking lots, vehicular building entrances or loading areas, garbage or recycling containers or parking lot entrances shall be allowed on Commercial Avenue. B. All buildings fronting on Commercial Avenue in the CBD zone shall be built so that the front façade of the building is on the property line, or it may be set back up to a maximum of ten feet from the front property line if incorporating a public feature such as a sidewalk café or mini-park. C. To promote the pedestrian and retail focus of this district, the portion of all facades between two feet and ten feet above the ground floor level and facing Commercial Avenue shall be a minimum of seventy-five percent transparent glass and shall include the primary building entrance(s). D. Buildings shall be configured so that the entire front portion of the ground floor fronting on Commercial Avenue, to a minimum depth of forty feet, is suitable for retail, restaurant, or other uses serving the general public. E. To shelter pedestrians, building awnings or canopies are encouraged where appropriate. Horizontal canopy/ awning (not a fabric awning or sloping roof) extending a minimum of six feet over the Commercial Avenue sidewalk, at approximately the same height above the sidewalk as the nearest existing awnings on either side. If there are no existing canopies in that block, a height generally consistent with other canopies in the CBD may be approved. F. Windows on upper stories shall have a vertical orientation, with window height being at least one and one-half times the width. (Ord. 2812 1 (Att. A), 2010; Ord. 2794 1 (Att. A), 2008) Disclaimer: The city attorney s office has the official version of the Anacortes Municipal Code. Users should contact the city attorney s office for ordinances passed subsequent to the ordinance cited here. City Website: www.cityofanacortes.org City Telephone: (360) 293-1900 Code Publishing Company

Population Executive Summary 718 Commercial Ave, Anacortes, Washington, 98221 Prepared by Esri Rings: 5, 10, 15 mile radii Latitude: 48.51647 Longitude: -122.61259 5 miles 10 miles 15 miles 2000 Population 16,344 24,434 81,550 2010 Population 17,832 26,668 89,310 2018 Population 19,169 28,342 93,944 2023 Population 20,264 29,801 98,023 2000-2010 Annual Rate 0.88% 0.88% 0.91% 2010-2018 Annual Rate 0.88% 0.74% 0.62% 2018-2023 Annual Rate 1.12% 1.01% 0.85% 2018 Male Population 48.2% 48.9% 50.1% 2018 Female Population 51.8% 51.1% 49.9% 2018 Median Age 50.4 51.6 42.3 In the identified area, the current year population is 93,944. In 2010, the Census count in the area was 89,310. The rate of change since 2010 was 0.62% annually. The five-year projection for the population in the area is 98,023 representing a change of 0.85% annually from 2018 to 2023. Currently, the population is 50.1% male and 49.9% female. Median Age The median age in this area is 50.4, compared to U.S. median age of 38.3. Race and Ethnicity 2018 White Alone 89.9% 89.5% 80.9% 2018 Black Alone 0.9% 0.8% 1.9% 2018 American Indian/Alaska Native Alone 0.9% 1.9% 2.0% 2018 Asian Alone 2.4% 2.2% 3.5% 2018 Pacific Islander Alone 0.2% 0.2% 0.4% 2018 Other Race 1.7% 1.7% 7.0% 2018 Two or More Races 3.9% 3.6% 4.2% 2018 Hispanic Origin (Any Race) 5.5% 5.4% 15.0% Persons of Hispanic origin represent 15.0% of the population in the identified area compared to 18.3% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 51.0 in the identified area, compared to 64.3 for the U.S. as a whole. Households 2000 Households 6,858 10,074 31,901 2010 Households 7,932 11,632 36,515 2018 Total Households 8,416 12,225 37,859 2023 Total Households 8,859 12,803 39,416 2000-2010 Annual Rate 1.47% 1.45% 1.36% 2010-2018 Annual Rate 0.72% 0.60% 0.44% 2018-2023 Annual Rate 1.03% 0.93% 0.81% 2018 Average Household Size 2.26 2.31 2.42 The household count in this area has changed from 36,515 in 2010 to 37,859 in the current year, a change of 0.44% annually. The five-year projection of households is 39,416, a change of 0.81% annually from the current year total. Average household size is currently 2.42, compared to 2.40 in the year 2010. The number of families in the current year is 24,438 in the specified area. Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography. September 12, 2018 2018 Esri Page 1 of 2

Median Household Income Executive Summary 718 Commercial Ave, Anacortes, Washington, 98221 Prepared by Esri Rings: 5, 10, 15 mile radii Latitude: 48.51647 Longitude: -122.61259 5 miles 10 miles 15 miles 2018 Median Household Income $71,250 $73,003 $61,504 2023 Median Household Income $82,149 $83,603 $71,094 2018-2023 Annual Rate 2.89% 2.75% 2.94% Average Household Income 2018 Average Household Income $92,886 $97,740 $83,104 2023 Average Household Income $108,151 $113,903 $96,345 2018-2023 Annual Rate 3.09% 3.11% 3.00% Per Capita Income 2018 Per Capita Income $40,983 $42,502 $33,839 2023 Per Capita Income $47,466 $49,302 $39,061 2018-2023 Annual Rate 2.98% 3.01% 2.91% Households by Income Current median household income is $61,504 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $71,094 in five years, compared to $65,727 for all U.S. households Current average household income is $83,104 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $96,345 in five years, compared to $96,109 for all U.S. households Current per capita income is $33,839 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $39,061 in five years, compared to $36,530 for all U.S. households Housing 2000 Total Housing Units 7,635 11,616 36,146 2000 Owner Occupied Housing Units 4,849 7,435 21,265 2000 Renter Occupied Housing Units 2,010 2,639 10,636 2000 Vacant Housing Units 776 1,542 4,245 2010 Total Housing Units 9,156 13,929 43,058 2010 Owner Occupied Housing Units 5,362 8,332 23,726 2010 Renter Occupied Housing Units 2,570 3,300 12,789 2010 Vacant Housing Units 1,224 2,297 6,543 2018 Total Housing Units 9,725 14,634 44,760 2018 Owner Occupied Housing Units 5,647 8,656 24,122 2018 Renter Occupied Housing Units 2,770 3,570 13,738 2018 Vacant Housing Units 1,309 2,409 6,901 2023 Total Housing Units 10,217 15,294 46,669 2023 Owner Occupied Housing Units 6,040 9,188 25,571 2023 Renter Occupied Housing Units 2,818 3,615 13,846 2023 Vacant Housing Units 1,358 2,491 7,253 Currently, 53.9% of the 44,760 housing units in the area are owner occupied; 30.7%, renter occupied; and 15.4% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 43,058 housing units in the area - 55.1% owner occupied, 29.7% renter occupied, and 15.2% vacant. The annual rate of change in housing units since 2010 is 1.74%. Median home value in the area is $396,724, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 4.63% annually to $497,474. Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography. September 12, 2018 2018 Esri Page 2 of 2

Traffic Count Map - Close Up 718 Commercial Ave, Anacortes, Washington, 98221 Rings: 5, 10, 15 mile radii Prepared by Esri Latitude: 48.51647 Longitude: -122.61259 Source: 2018 Kalibrate Technologies (Q1 2018). September 12, 2018 2018 Esri Page 1 of 1