264 Main Street, Orcas Island, WA 98245
- $3,300,000
Listing courtesy of COMPASS.
- List Price
- $3,300,000
- Status
- ACTIVE
- MLS#
- 2514758
- Days on Market
- 77
- Internet Provider
- Rockisland
Property Description
Offered is the iconic White Horse Pub in the heart of Eastsound Village, a popular waterfront restaurant / bar on Main Street, including the established business and exceptional waterfront property. White Horse is fully operational w/ liquor and new gambling license (high income potential) + a retail rental. For a developer, many options including Village Commercial zoning (4-40 units per acre). One of the few multi-unit / retail / commercial waterfront parcels in the Village and certainly the best location on the island w/ 21 grandfathered virtual parking spaces. Excellent auto and foot traffic exposure. The location has decades of successful food service while the building has had many recent upgrades. Fare is affordable and ranges from Irish Dishes, seafood, hamburgers/sandwiches. The main dining / bar floor off Main Street is a large space, approved for 80+/- people, divided for the 21+ bar crowd and dining area, all w/ panoramic and active marine views over East Sound. The lower floor is the Black Donkey, cozy 21+ bar / food area that opens to a sun drenched outdoor patio just above the shore - the best summer outdoor dining on Orcas Island! The business opportunity is included w/ the sale. White Horse offers beer, liquor, gambling, food and merchandise income plus rental income from the Main Street retail gift shop. For a developer, the property has many additional allowed uses in the Eastsound Subarea Plan, including hotel, retail, and office space. Financials per NDA.
/u.realgeeks.media/royal-t/RR_CS_Transparent.png){kind=spacer}
Additional Information
- Community
- Eastsound
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1970
- # of Assigned Spaces
- 21
- Waterfront
- Yes
- Waterfront Description
- Medium Bank
- Roof
- Composition
- Potential Terms
- Cash
- Flooring
- Ceramic Tile, Laminate, Carpet
- Driving Directions
- Go to Main Street.
- Energy Source
- Electric, Propane
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.