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Property profile & analytics
FOR SALE
Turn key restaurants

80 1St St S Friday Harbor, WA 98250

4,338 SF 0.08 ac lot Built 1892
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-3230106
Property summary
AI-generated overview

This exceptional 2.95 million dollar vacant commercial land parcel presents a rare investment opportunity in the vibrant heart of Friday Harbor, Washington. Situated on a major corner lot at 80 First St S, 98250, this property boasts unparalleled visibility and southern exposure, ensuring abundant sunlight throughout the day. The expansive lot offers a multitude of development possibilities, catering to a diverse range of commercial ventures. Potential uses include, but are not limited to, retail sales establishments, professional service offices, indoor entertainment venues, and transient accommodations. The property's strategic location within the bustling downtown area guarantees high foot traffic and excellent accessibility. Furthermore, essential utilities such as water, sewer, and power are readily available, simplifying the development process. This is an exceptional chance to acquire a highly desirable commercial property in a thriving island community, offering significant potential for long-term growth and return on investment. The property's prime location and versatile zoning make it an ideal canvas for a wide array of commercial projects. Don't miss this unique opportunity to secure a piece of Friday Harbor's vibrant commercial landscape.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1892
Total area 4,338 SF
Lot 0.08 ac (3,485 SF)
APN 351350-405-000
UPID US90-3230106
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ketonk LLC · 21 yrs held
Ketonk LLC
since 2004
1 recorded transaction
2004
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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