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JRJeff ReynoldsCompass · Seattle
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Listed by Stephanie L Buffum, Coldwell Banker Bain

Business Opportunity
Type
7,405 sq ft
Lot
0
Days on market

About this property

An unparalleled two-parcel commercial portfolio is now available in Friday Harbor's downtown core on San Juan Island. Located at a premium address within walking distance of the ferry and marina, this rare corner lot ensemble includes 3 stable tenants and redevelopment or expansion potential. Located in the historical and commercial heart of the Town, this property is surrounded by vibrant shops, galleries, restaurants, farmers' market, and movie theatre. This portfolio offers immediate, reliable commercial income, as well as a seamless path toward future luxury hospitality development. Friday Harbor serves as the primary gateway to the San Juan Islands, welcoming hundreds of thousands of travelers each year. TPN 351358032000, 65 Nichols business is .09 acres with a 1008 sf building; TPN 351358033000, 25 Nichols, is 0.08 ac, with one 816 sf. building and 400 sf building. All three businesses operate under a commercial lease structure, ensuring peace of mind and strong yield performance from day one. Whether your strategy is to maintain the existing buildings and enjoy triple-net-style returns from these businesses, or to develop a luxury hotel and retail sales, this portfolio allows you to secure your footprint in the Islands. Financials, lease agreements, and Town plans available. Will consider selling each parcel separately with assignment of lease for each business. Don’t miss this unique opportunity.

Location & commute

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Directions

Property details

Listing details

Listing number
#2585118
Listed
September 23, 2026
Days on market
0

Parking

Total spaces
6

Lot

Lot size
7,405 sq ft

Terms

Terms offered
CashConventionalSBA

What stands out to you?

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  • Cash
  • Conventional
  • SBA

Listing history

  1. Listed

    $1,300,000

    September 23, 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

$7,571

Principal & interest
$6,574
Property tax (est.)
$997

Assumes $260,000 down (20%), a $1,040,000 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 September 25, 2026 at 3:30 AM 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.