269 Main Street, Orcas Island, WA 98245

Property Description

Rare mixed-use investment opportunity in the heart of Eastsound Village on Orcas Island. Overlooking the Salish Sea, this exceptional Main Street property perfectly blends island living with multiple established income streams. Steps from the waterfront, premier restaurants, shops, and galleries, the building offers unbeatable village prominence. The second level features two beautifully furnished, water-view residential units: a spacious 2-bedroom, 2-bath residence and a 1-bedroom, 1-bath residence. Currently operating as highly rated vacation rentals, you can live in one and generate income from the other, or continue managing both as a premier hospitality business-- see Eastsound Suites web site. The ground level boasts two established, street-facing retail spaces in a high-traffic commercial zone, plus a rear office—all fully leased. Eco-friendly rooftop solar panels provide significant economic and environmental benefits. Additionally, a private 4,000 sq ft rear parking lot generates extra passive income from leased spaces. Do not miss this versatile blend of residential luxury, vacation rental flexibility, and rock-solid commercial income.