199 Main Street Eastsound, WA $ 1,650,000
199 Main Street
$ 1,650,000
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199 Main Street

Eastsound, WA, 98245
$ 1,650,000
Baths0.0 Sq 3,344

Monthly Estimate*

$ 10,294

Listed by Coldwell Banker Bain
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Studio

Multi-Family Home for sale in Eastsound, WA

for $1,650,000. This 3,344 square foot home was built in 1974 on a lot size of 1.3692.

In the vibrant heart of Eastsound Village, this 1.3-acre property offers excellent visibility and income potential in one of the most desirable locations on Orcas Island. The 3300+ building includes street-level retail, 2-bed apartment above, detached garage and parking lot. Surrounded by hotels, restaurants, shops, and directly adjacent to the community park—home to the beloved farmers market, concerts/events—this is a rare opportunity to invest in a high-visibility, high-traffic area. Generate income while you plan for future development or maintain the existing setup as a live/work investment. With a combination of prime location, flexible zoning, and built-in income, this property offers both immediate value and long-term potential.

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,000

Style

Duplex

Lot Size

1.3692

Year Built

1974

Town/City

Eastsound

County/Region

San Juan

MLS | Web ID

2304190

Features
General
Living Area 0
Sewer Septic Tank Sewer Connected
Heating Baseboard Fireplace Insert Radiator
Cooling None
Possession Subject to Tenant Rights
Roof Composition Flat
HOA Fee 0
Year Built 1974
View Bay Sound Territorial
Property Subtype Multi Family
Tax Year 2025
County San Juan
Net Operating Income 53236
Insurance Expense 2000
New Construction N
Property Type Residential Income
HOA 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
Senior Community Y/N N
High School District Orcas Island
Zoning Description Business Commercial Multi-Family Office Residential Retail
Open Parking Spaces 8
Number Of Units Total 2
MLS Area 901 - Orcas Obstruction & Crane Island
Lot Size Units Square Feet
Lot Size Square Feet 59642
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Orcas Elem
Tax Annual Amount 6000
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Orcas Isl Mid
Public Remarks In the vibrant heart of Eastsound Village this 1.3-acre property offers excellent visibility and income potential in one of the most desirable locations on Orcas Island. The 3300+ building includes s
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
Water Sewer Garbage 1764
Property Style 52 - Duplex
Cap Rate 3.22
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Exterior
Exterior Amenities Wood Wood Products
Parking Features RV Parking
Lot Features Adjacent to Public Land Curbs Paved Sidewalk Value In Land
Water Source Community
Total Parking 10
Building Area Total 3344
Lot Size Acres 1.3692
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Deck High Speed Internet Propane RV Parking
Parking Uncovered Spaces 8
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Propane
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2304190
Street Number 1 199
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* Excluded Features
List By
Tina Grace

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$10,794
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,294
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
258453 Elementary School
257571 Middle School
Orcas Isl High High School
Pricing History
DatePricePrice ChangeDescription
10/22/2024$1,650,000 Listed Price

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199 Main Street, Eastsound, WA, 98245 is a Multi-Family Home for sale at $1,650,000 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