$3,300,000
264 Main Street, Orcas Island, WA 98245
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MLS #2514758 / Listing provided by NWMLS & COMPASS.

$3,300,000

264 Main Street
Orcas Island, WA 98245

Active 23 hours ago
1970
Year Built

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.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Parking Total: 21
  • Total Uncovered Parking Spaces: 21

Structure

  • Roof: Composition
  • Exterior Features: Cement/Concrete, Wood
  • Foundation: Slab

Lot Details

  • Acres: 0.1993
  • Foundation: Slab
Area Features

Lot Details

  • Acres: 0.1993
  • Foundation: Slab
Utilities

Power

  • Energy Source: Electric, Propane
  • Power Company: OPALCO

Water, Sewer, and Garbage

  • Sewer Company: Eastsound Sewer and Water
  • Sewer: Sewer Connected
  • Water Company: Eastsound Water Users Assoc
  • Water Source: Community
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