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Historic Restaurant Redevelopment Property
For Sale
$1,850,000

25 Second St S, Friday Harbor, WA 98250

Historic restaurant site with concrete roof, on-site parking, and conditionally approved exterior plan for redevelopment.

Property Size6,000 SF
Lot Size0.14 Acres
Price / SF$308.33
Days on Market175

Property Features for 25 Second St S

General Information

Standard status Active
Size 6,000 SF
Total Parking Spaces 8
Lot size 0.14 Acres
Property subtype Commercial

Additional Details

Business Included Yes
Utilities to Site Yes

Building Details

Year Built 1958
Listing Agency: Coldwell Banker Bain
Listed By: Stephanie L Buffum
Source: Century21northhomes
Added: Mar 14 Changed: Sep 3 Last Checked: Sep 2 at 7:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Bain

Investment Insights

Based on property information with market context.

This offering includes a historic commercial building on a 0.138-acre lot, improved with a poured concrete foundation and a concrete roof. The property also includes a spacious side yard and eight onsite parking spaces. The ground floor restaurant space is currently operating with “Vic’s” as an existing commercial tenant, and the sale is described as turnkey with branding materials, websites, marketing assets, furniture, fixtures, and equipment included. Utilities are noted as conveniently in place to support the pre-construction process.

Located in the Town of Friday Harbor within the historic district’s transition zone, the site has a conditionally approved exterior plan from the Historic Preservation Board. The property is described as offering potential height expansion, along with over 12,000 square feet of development potential.

For developers and operators seeking a redevelopment project with an existing restaurant presence, the configuration supports both near-term income continuity and a thoughtful modernization tied to the area’s historic character. The combination of established use, completed site improvements, and documented exterior approval provides a practical foundation for planning a multi-use building aligned with the island community context described for the property.

Key Highlights

  • 6,000 SF commercial building on a 0.138‑acre lot (50 x 120) in the Town of Friday Harbor
  • Concrete roof and poured concrete foundation
  • Eight onsite parking spaces plus a spacious side yard

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Garden Center Auto Parts Store Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,055
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Home Improvements & Furnishings 28%
Ace Hardware Home Improvements & Furnishings
5,662 visits/mo 0.2 miles
76 Shops & Services
4,017 visits/mo 0.2 miles
Shell Shops & Services
3,493 visits/mo 0.5 miles
Wells Fargo Shops & Services
3,000 visits/mo 0.1 miles
KeyBank Shops & Services
1,951 visits/mo 0.0 miles

Demographics for 98250, WA

8,632
Population
5,998
Households
1.4
Avg Household Size
54
Median Age
51%
College-Educated
95%
High-School Grad
61.1 sq mi
ZIP Area
141
Density / Sq Mi
$90,146
Median Household Income
$42,395
Median Earnings
$1,498
Median Rent
$745,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic restaurant site with concrete roof, on-site parking, and conditionally approved exterior plan for redevelopment.
Where is this conventional restaurant located?
The property is located at 25 Second St S Friday Harbor, WA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 6,000 SF commercial building on a 0.138‑acre lot (50 x 120) in the Town of Friday Harbor; Concrete roof and poured concrete foundation; Eight onsite parking spaces plus a spacious side yard
More about this property
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