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.
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
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.
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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.