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$1,795,000
2549784 MLS ⋅ ACTIVE Status
Located in the heart of Eastsound Village, this exceptional mixed-use property offers unmatched flexibility, investment potential, and a premier Main Street location. Set on 1.37 acres with Village Commercial zoning, the 3,344-square-foot building features a spacious two-bedroom, two-bath residence with expansive living areas, a cozy wood-burning fireplace, and views of the bay, sound, and surrounding village. The lower commercial unit is currently leased with approximately two years remaining on the lease, providing immediate income. The south-facing property is bordered by public land and offers abundant parking, RV parking, high-speed internet, community water and sewer, and easy access to shops, restaurants, the waterfront, and all the amenities of Eastsound. A detached garage, partially fenced grounds, and generous open space provide opportunities for continued use, expansion, or redevelopment. One of the property's most extraordinary attributes is its size, location, and zoning. This is one of the last semi-undeveloped commercial/residential properties with frontage on Eastsound's premier downtown Main Street. Village Commercial zoning allows for development of up to 40 units per acre (buyer to verify). A completed wetland study is available, adding significant value for future planning. Opportunities of this scale and prominence in the heart of Eastsound are exceptionally rare, making this one of Orcas Island's premier investment and development offerings.

199 Main Street, Orcas Island

Listing courtesy of COMPASS.

$3,300,000
2514758 MLS ⋅ ACTIVE Status
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.

264 Main Street, Orcas Island

Listing courtesy of COMPASS.

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