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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1462 Main St Freeland, WA 98249

2,686 SF Built 1950
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the acquisition of the Freeland Cafe, a well-established restaurant located at 1462 E Main St, Freeland, WA 98249. This iconic eatery, situated on scenic Whidbey Island, boasts a rich history and loyal customer base. The property includes a 2,686 square foot building on a 19,602 square foot lot, offering both indoor and outdoor seating, plus a convenient take-out window. Built in 1950 and renovated in 1976, the two-story building features a spacious kitchen, a large back office, and ample parking. The inviting atmosphere includes a well-appointed bar area perfect for sports enthusiasts. The sale includes both the building and the thriving business, presenting a unique opportunity to own a piece of Whidbey Island history and continue the legacy of hospitality. The asking price is $1,600,000, translating to $595.68 per square foot. This turnkey operation is ready for a new owner to continue its success. Don't miss this chance to own a thriving restaurant in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1950
Total area 2,686 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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