Waterfront Pub and Retail
For Sale
$3,300,000
264 Main St, Eastsound, WA 98245
Fully operational waterfront pub and restaurant with liquor and gambling licenses, plus a retail rental component.
Days on Market79
Property Features for 264 Main St
General Information
Standard status
Active
Listing Agency:
COMPASS
(360) 233-5033
Listed By:
Marty Zier
(360) 233-5033
Source:
Exprealty
Added: May 14
Changed: Jul 10
Last Checked: Jul 30 at 1:20PM
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 COMPASS
Investment Insights
Based on property information with market context.
The sale includes the established White Horse Pub business and the waterfront property in Eastsound Village. The property is described as fully operational with liquor service and a newly obtained gambling license, and it also includes a retail rental on Main Street. The main dining and bar level is a large room off Main Street, approved for 80+ people, and divided between the 21+ bar area and dining area, with panoramic marine views over East Sound. The lower level operates as the Black Donkey, described as a cozy 21+ bar and food area with access to a sunlit outdoor patio positioned just above the shore.
According to the offering, the property sits in the Village’s commercial area along Main Street with both auto and foot traffic exposure. For development considerations, the remarks cite Village Commercial zoning allowing 4–40 units per acre, and they reference multiple other allowed uses listed in the Eastsound Subarea Plan, including hotel, retail, and office space. The property is also described as having 21 grandfathered virtual parking spaces.
For a buyer or operator, this is a turn-key opportunity with on-site dining spaces for both bar and dining, an outdoor patio component, and liquor and gambling licensing included with the sale. For a developer, the remarks highlight a multi-unit and mixed-use waterfront commercial parcel within the Village Commercial zoning framework, while also retaining a retail rental and the ongoing pub and restaurant operation included in the purchase.
According to the offering, the property sits in the Village’s commercial area along Main Street with both auto and foot traffic exposure. For development considerations, the remarks cite Village Commercial zoning allowing 4–40 units per acre, and they reference multiple other allowed uses listed in the Eastsound Subarea Plan, including hotel, retail, and office space. The property is also described as having 21 grandfathered virtual parking spaces.
For a buyer or operator, this is a turn-key opportunity with on-site dining spaces for both bar and dining, an outdoor patio component, and liquor and gambling licensing included with the sale. For a developer, the remarks highlight a multi-unit and mixed-use waterfront commercial parcel within the Village Commercial zoning framework, while also retaining a retail rental and the ongoing pub and restaurant operation included in the purchase.
Key Highlights
- Fully operational waterfront pub and restaurant in Eastsound Village on Main Street, including the established business with liquor and gambling licenses
- 21 grandfathered virtual parking spaces
- Main dining/bar floor off Main Street: large space approved for 80+/- people, divided for 21+ bar crowd and dining area with marine views
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 73%
Shops & Services 27%
Orcas Island Hardware
Home Improvements & Furnishings
2,016 visits/mo
0.2 miles
KeyBank
Shops & Services
743 visits/mo
0.1 miles
Demographics for 98245, WA
4,372
Population
2,812
Households
1.6
Avg Household Size
55
Median Age
52%
College-Educated
94%
High-School Grad
35.4 sq mi
ZIP Area
124
Density / Sq Mi
$76,579
Median Household Income
$39,531
Median Earnings
$1,341
Median Rent
$694,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Lower Tavern — 46 Prune Alley, Eastsound, WA 98245
- Island Hoppin' Brewery — 33 Hope Ln, Eastsound, WA 98245
- Woody's Taphouse — 469 Market St B, Eastsound, WA 98245
- Orcas Island Distillery — 123 N Beach Rd f1, Eastsound, WA 98245
Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully operational waterfront pub and restaurant with liquor and gambling licenses, plus a retail rental component.
Where is this bar & pub located?
The property is located at 264 Main St Eastsound, WA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Fully operational waterfront pub and restaurant in Eastsound Village on Main Street, including the established business with liquor and gambling licenses; 21 grandfathered virtual parking spaces; Main dining/bar floor off Main Street: large space approved for 80+/- people, divided for 21+ bar crowd and dining area with marine views