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Listed by:COMPASS • Marty Zier
$3,300,000
Est. payment /mo
8,682 Sqft Lot
New
264 Main ST Orcas Island, WA 98245
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Eastsound
MLS Listing ID 2514758
Style 60 - Comm Bldg Und 10K
Year Built 1970
Lot Size 8,682 Sqft
Lot Dimensions Irregular
Property Sub-Type Commercial Industrial
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.
Location
State WA
County San Juan
Area 901 - Orcas, Obstruction & Crane Island
Interior
Flooring Ceramic Tile, Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood
Waterfront Description Medium Bank
Roof Type Composition
Building
Sewer Sewer Connected
Water Community
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
"Three Trees" icon indicates a listing provided courtesy of NWMLS.