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JRJeff ReynoldsCompass · Seattle

Listed by Ricky L. Mouw, RE/MAX Northwest

4
Bedrooms
1
Bathrooms
2,542
Square feet
$460
Per sq ft
Single Family Residence
Type
1993
Year built
2,448 sq ft
Lot
166
Days on market

About this property

LIVE AND WORK all on the same property !! Prime mixed-use investment opportunity in the heart of downtown La Conner with strong income potential and multiple revenue streams. This highly visible downtown property features street-level commercial space with full kitchen and excellent year-round foot traffic, currently occupied by the well-established The Wayfinder Cafe, a popular dining destination with a loyal customer base. ( Bussiness not for sale ) The street leval commercial space was remodeled in 2023, enhancing operational efficiency and long-term value. The upper-level two-story apartment was fully remodeled in 2024 and offers immediate short-term or long-term rental potential. The residence includes three bedrooms, a loft, a private rooftop deck with water and town views, and upgraded interior finishes throughout. New appliances, modern kitchen design, and a double-sided fireplace add strong appeal for both nightly and extended-stay rentals. Located in one of Washington’s most visited waterfront towns, this property benefits from consistent tourism, limited inventory, and strong demand for dining and lodging accommodations. Ideal for investors seeking diversified income, owner-users, or 1031 exchange buyers looking for stability, appreciation, and flexibility. A rare opportunity to acquire a turnkey mixed-use asset in a proven destination market.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2526330
Listed
January 28, 2026
Days on market
166
Price per sq ft
$460

Unit & building

Unit levels
Two

Parking

Parking
Off Street

Views

View
CanalMountains

Construction

Year built
1993
Style
12 - 2 Story
Structure
House
Roof
CompositionFlat

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Ceiling Fan(s)Dbl Pane/Storm WindowFireplaceLoft
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
Ceramic TileHardwoodSlateCarpet

Appliances

Appliances
DishwasherDisposalRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Corner LotCurbsPavedSidewalk
Lot size
2,448 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
La Conner

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Off Street
  • Canal
  • Mountains
  • House
  • Composition
  • Flat
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Ceiling Fan(s)

Listing history

  1. Listed

    $1,170,000

    January 28, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$6,813

Principal & interest
$5,916
Property tax (est.)
$897

Assumes $234,000 down (20%), a $936,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.