199 Main Street
199 Main Street
Orcas Island, WA 98245
$1,850,000
Price
2
Beds
1
Bath
3,344 Sq. Ft.
$553 / Sq. Ft.
3,344
Sq. Ft.
$553
per Sq. Ft.
Listing provided courtesy of Coldwell Banker Bain
Description
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...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.
- Listed by Tina Grace • Coldwell Banker Bain
Property Details for 199 Main Street
Community Name
Eastsound
School DistrictOrcas Island
ViewBay, Sound, Territorial
Number of Assigned Spaces8
Total Covered Parking2
Entry Date01-17-2024
Energy SourcePropane,Wood
SewerSeptic Tank, Sewer Connected
Location
Listing Courtesy of Coldwell Banker Bain![]()
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LISTING UPDATED: 02/27/2024 10:26 AM
Property Details for 199 Main Street
| Status | Active |
|---|---|
| MLS # | 2203680 |
| Days on Market | 103 |
| Cumulative Days on Market | 125 |
| Taxes | $4,860 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1974 |
| Lot Size | 1.37 AC / 59,642 SF |
| County | San Juan County |
Location
Listing Courtesy of Coldwell Banker Bain![]()
Add your commute
Building Information for 199 Main Street
Stories2Residences2Year Built1974Building Size-Lot Size1.37 AC / 59,642 SF
Payment Calculator
$10,501 per month
30 year fixed, 7.25% Interest
Principal and Interest
$10,096
Property Taxes
$405
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 199 Main Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Deck, High Speed Internet, Outbuildings, Propane, RV Parking
- Area: 901 - Orcas
- Elementary School: Orcas Elem
- Middle Or Junior School: Orcas Isl Mid
- High School: Orcas Isl High
- 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.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
- Additional Tax Ids: 271451011000
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 6.0
- Open Parking: Yes
- Parking Features: RV Parking
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Carpet
- Features: Wall to Wall Carpet, Laminate
- Amenities: Storage
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard, Insert, Radiant
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition, Flat
Property
Utilities
- Water Source: Community
- Water/Sewer/Garbage: 147
- Power Company: Orcas Island Power & Light (OPALCO)
- Sewer Company: Eastsound Sewer & Water District (ESWD)
- Water Company: Eastsound Water (EWUA)
- Power Production Type: Propane, Wood
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Business,Commercial,Multi-Family,Office,Residential,Retail
- First Right Of Refusal: false
- Possible Use: Business, Commercial, Multi-Family, Office, Residential, Retail
- Letter On File: Duplicate Prop Type
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 25
Lot Information
- Lot Details: Adjacent to Public Land, Curbs, Paved, Sidewalk, Value In Land
- Lot Size Source: Tax Records
- Parcel Number Free Text: 271451011000
- Calculated Square Footage: 3344
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3344.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 5356
- Gross Adjusted Income: 2499
- Gross Rent Multiplier: 61.6
- Gross Scheduled Income: $3,408
- Insurance Expense: $266
- Net Operating Income: $2,499
- Other Expenses: $83
- Total Monthly Income: 0
- Fuel Expense: $0
Unit 1
- Name Unit 1: 2
- Square Feet Unit 1: 2166
- Rent Unit 1: $1,993.00
- Tenant Description Unit 1: Retail
Unit 2
- Name Unit 2: 1
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 1178
- Rent Unit 2: $1,415.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Tenant Description Unit 2: Residential
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4072.0
- Leasable Area Units: Square Feet
Property History for 199 Main Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 199 Main Street
Taxable ValueLand$433,680Additions$376,550Total$810,230
Tax Record2023$4,860 ($405 / month)
Home Facts
Total Finished SqFt3,344 SqFtAbove Ground SqFt3,344 SqFtStories2Lot Size59,634 SqFtStyleStoresYear Built1974CountySAN JUANAPN271451-011-000Fireplace TypeHas Fireplace
Schools near 199 Main Street
This home is within Orcas Island School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Orcas Island Elementary School PublicK to 5 | ||
Orcas Island Middle School Public6 to 8 | ||
Orcas Island High School Public9 to 12 | ||
Oasis K-12 PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Bain
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.