317 1st St La Conner, WA 98257-9477

This exceptional investment opportunity presents a thriving marina located in the heart of downtown La Conner, Washington, a renowned boating destination. The property boasts 500 linear feet of prime waterfront dock space and adjacent uplands zoned for commercial and residential use. Currently operating at 100% occupancy, all slips are fully utilized, generating consistent revenue. Adding to the income stream is an existing cabin, currently rented on a nightly basis. The 4,450 square foot lot offers significant development potential. Approved schematic plans are available for an eight-unit, three-story building, perfectly aligning with the town of La Conner's vision for the area. The marina is equipped with metered electricity, security cameras, Wi-Fi, and garbage service, ensuring smooth operations and tenant satisfaction. The 100 feet of spectacular waterfront presents a unique opportunity for a boutique hotel or condominium development, capitalizing on the area's popularity and tourism. This property represents a rare chance to acquire a profitable, established marina with substantial upside potential in a desirable location. The single building on the property is situated on a commercially zoned lot. Further details regarding the Department of Natural Resources lease, income statements, and expense reports are available upon request.