199 Main StreetOrcas Island, WA98245

$1,850,000
2 total units
$3,408 annual income
1.3692 acres
110 days on market

VestorFilter™

Price per acre$1.35M/ac
Time on market19849 days
Smart Fixer ListYes

Property Description

Great development opportunity in the heart of Eastsound Village on Orcas Island. Surrounded by hotels, restaurants, and retail stores makes this is a prime commercial property. 1.3 acre site with a 3300 sq ft building, parking lot, and long-term tenants to cover costs while you plan to develop. Building has well established retail on the main floor and a rental apartment on the upper floor, plus a detached garage. Zoning could allow for up to 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 community events are hosted. This is the last large-acreage parcel available on Main Street, Orcas Island.

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Financial Data

Original Price$1,850,000
Current Price$1,850,000
Property Taxes$4,860

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Home Facts

StatusActive
Year Built1974
Interior Features
Exterior Features
MLS IDNWM2192109