199 Main StreetOrcas Island, WA98245

$2,150,000
2 total units
$3,408 annual income
1.3692 acres
371 days on market

VestorFilter™

Price per acre$1.57M/ac
Time on market19849 days
Smart Fixer ListYes

Property Description

Prime commercial property available in Eastsound Village on Orcas Island. Last large-acreage parcel on Main Street. Surrounded by hotels, restaurants, and retail stores. Great development opportunity in the heart of town with long-term tenants to cover costs while you plan. Wonderful 1.3692-acre level lot with 3344 sq ft building and small parking lot in place. Building has retail on the main floor and a rental apartment on the upper floor plus a detached garage. Zoning allows for 40 units/acre, hotel, vacation rentals, restaurant, bar, retail sales, etc. Property backs up to public park where the farmer's market, concerts, and other events are hosted. When this property is gone there will be no more land available for development.

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Financial Data

Original Price$2,150,000
Current Price$2,150,000
Property Taxes$4,860

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Home Facts

StatusActive
Year Built1974
Interior Features
Exterior Features
MLS IDNWM2062633