199 Main Street Eastsound, WA $ 1,850,000
199 Main Street
$ 1,850,000
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199 Main Street

Eastsound, WA, 98245
$ 1,850,000
Baths0.0 Sq 3,344

Monthly Estimate*

$ 12,923

Listed by Coldwell Banker Bain
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Studio

Multi-Family Home for sale in Eastsound, WA

for $1,850,000. This 3,344 square foot home was built in 1974 on a lot size of 1.3692.

Development opportunity in the heart of Eastsound Village on Orcas Island. Zoning could allow for up to 40 units/acre, vacation rentals, hotel, restaurant, bar, retail sales, etc. 1.3 acre site with a 3300 sq ft building, parking lot, and long-term tenants to cover costs while you plan to develop. Surrounded by hotels, restaurants, and retail stores makes this is a prime location. Property is adjacent 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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Multi-Family Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,860

Style

Duplex

Lot Size

1.3692

Year Built

1974

Town/City

Eastsound

County/Region

San Juan

MLS | Web ID

2203680

Features
General
Interior Features Wall to Wall Carpet Laminate
Sewer Septic Tank Sewer Connected
Heating Baseboard Insert Radiant
Cooling None
Possession Tenant's Rights
Roof Composition Flat
Exterior Features Wood Wood Products
HOA 0
Year Built 1974
View Bay Sound Territorial
Property SubType Multi-Family
Tax Year 2023
County San Juan
Net Operating Income 2499
Insurance Expense 266
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Eastsound
Possible Use Business Commercial Multi-Family Office Residential Retail
Special Listing Conditions None
Status Active
Directions From ferry landing follow Orcas Road into town. Right turn on Main St. Building is on left parking lot on west side of building.
High School Orcas Isl High
City Orcas Island
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Orcas Island
Open Parking Spaces 6
Total Units 2
MLS Area 901 - Orcas Obstruction & Crane Island
Lot Size Square Feet 59642
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Main
Listing Terms Cash Out
Elementary School Orcas Elem
Tax Annual Amount 4860
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Orcas Isl Mid
Public Remarks Development opportunity in the heart of Eastsound Village on Orcas Island. Zoning could allow for up to 40 units/acre vacation rentals hotel restaurant bar retail sales etc. 1.3 acre site with a 3300
Leasable Area 4072
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company Eastsound Water (EWUA)
Units Below Grade false
Units In Building Total 2
Zoning Class Business Commercial Multi-Family Office Residential Retail
Water Sewer Garbage 147
Property Style 52 - Duplex
Cap Rate 1.6
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Interior
Flooring Laminate Carpet
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Propane Wood
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Exterior
Parking Features RV Parking
Lot Features Adjacent to Public Land Curbs Paved Sidewalk Value In Land
Water Source Community
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3344
Lot Size Acres 1.3692
Lot Size Units Square Feet
Covered Spaces 2
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck High Speed Internet Outbuildings Propane RV Parking
Parking Uncovered Spaces 6
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Internal Only
OriginalMLSID NWM2203680
Street Number 1 199
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* Excluded Features
List By
Tina Grace

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$13,328
Per Month
97%
3%
0%
Monthly Principal & Interest
$12,923
Monthly Property Taxes
$405
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
258453 Elementary School
257571 Middle School
Orcas Isl High High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$1,850,000 Listed Price

Map


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199 Main Street, Eastsound, WA, 98245 is a Multi-Family Home for sale at $1,850,000 with 3,344 sqft and a lot size of 1.3692. 199 Main Street is a studio with 0.0 baths and was built in 1974. The property's zip code is 98245 which is in Eastsound, WA