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JRJeff ReynoldsCompass · Seattle

Listed by Wally Gudgell, COMPASS

Commercial Industrial
Type
2005
Year built
10,149 sq ft
Lot
45
Days on market

About this property

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.

Location & commute

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

Directions

Jeff's Neighborhood Guide

Get to know the Orcas, Obstruction & Crane Island area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2576392
Listed
September 4, 2026
Days on market
45

Parking

Total spaces
11

Construction

Year built
2005
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Metal

Heating & cooling

Heating
Fireplace InsertHeat PumpRadiant
Cooling
Heat PumpInsertRadiant
Energy source
ElectricPropaneSolar PV

Flooring

Flooring
Ceramic TileSlateVinylCarpet

Appliances

Appliances
Tankless Water Heater

Lot

Lot size
10,149 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Eastsound Water Users Assoc. 1.75 ERU
Sewer
Eastsound Sewer District
Power
Orcas Power and Light

What stands out to you?

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

  • Unspecified
  • Metal
  • Fireplace Insert
  • Heat Pump
  • Radiant
  • Insert
  • Electric
  • Propane
  • Solar PV
  • Ceramic Tile
  • Slate
  • Vinyl

Listing history

  1. Listed

    $2,850,000

    September 4, 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

$16,596

Principal & interest
$14,411
Property tax (est.)
$2,185

Assumes $570,000 down (20%), a $2,280,000 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 October 19, 2026 at 10:15 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.