275 C St Friday Harbor, WA 98250-8098
This exceptional hospitality business, priced at $4,465,000, is located in the highly desirable San Juan Islands of Washington State. The property consists of 18 unique accommodations spread across six buildings, offering a diverse range of guest experiences. Boasting a 69% occupancy rate, this inn presents a strong investment opportunity. Its prime location, just two blocks from Friday Harbor's ferry terminal and historic downtown, provides easy access to all the island has to offer. Guests can easily explore the San Juan Islands by car or bicycle, enjoying the area's natural beauty and diverse attractions. The 0.71-acre lot provides ample space for the existing buildings and potential future expansion. The inn's strategic location draws guests from Seattle, Oregon, and California, while its proximity to Victoria, British Columbia, adds an international dimension to its appeal. The San Juan Islands are a well-established and high-traffic destination, known for its outdoor recreation, destination dining, and access to resort environments like Roche Harbor. This makes this inn a truly unique and profitable venture in a sought-after location. The property's strong performance and ideal location make it an attractive investment for those seeking a thriving hospitality business in a stunning natural setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.