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    Lummi Island, WA
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    Lummi Island, WA Restaurants for Sale

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    Bellingham, WA Ferndale, WA Olga, WA Eastsound, WA Blaine, WA Orcas, WA Bow, WA Anacortes, WA
    Lummi Island Inn Opportunity
    Updated: Jun 13, 2024
    Lummi Island Inn Opportunity

    2579 Shore Dr, Lummi Island, WA 98262

    $1,690,000
    4,560 sqft
    Restaurant and bar included.
    Stunning views from all guest rooms.
    Seven guest rooms plus a detached cottage.
    Endless potential for various business ventures (dining, events, getaway).
    Located on peaceful Lummi Island.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Lummi Island, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Restaurant/Retail Property For Sale
    Prime Restaurant/Retail Property For Sale

    1650 W Bakerview Rd, Bellingham, WA

    Contact for pricing
    4,960 sqft 0.80 AC lot

    Standalone property with high visibility and accessibility near airport.

    View details
    Historic Waterfront Inn and Restaurant
    Historic Waterfront Inn and Restaurant

    4362 Crow Valley Rd, Eastsound, WA 98245

    Contact for pricing
    3,691 sqft

    Unique investment opportunity with immediate cash flow and long-term upside.

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    Waterfront Pub and Retail Opportunity
    Waterfront Pub and Retail Opportunity

    264 Main St, Eastsound, WA 98245

    $3,300,000

    Fully operational waterfront pub and restaurant with liquor and gambling licenses, plus a retail rental component.

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    Restaurant Building with Dedicated Parking
    Restaurant Building with Dedicated Parking

    1315 12th St, Bellingham, WA 98225

    Contact for pricing

    2,431 sq. ft. restaurant building on a 15,033 sq. ft. lot with dedicated on-site parking and signage for visibility.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Downtown Corner Lot with Views
    Downtown Corner Lot with Views

    999 East 1st Street, Port Angeles, WA 98362

    $115,000
    0.16 AC lot

    Terraced corner lot in downtown Port Angeles with mountain views.

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    Commercial Land Near Lake Stevens
    Commercial Land Near Lake Stevens

    2415 South Lake Stevens Road, Lake Stevens, WA 98258

    $1,388,888

    Commercial development land with high visibility and traffic counts.

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    Zoned Commercial Land Development Site
    Zoned Commercial Land Development Site

    509 C Street SW, Auburn, WA 98001

    $850,000
    0.20 AC lot

    Flat, rectangular commercial lot zoned C-3 with utilities in the street and development opportunities for multiple use types.

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    Omak Commercial Land For Sale
    Omak Commercial Land For Sale

    4 Stampede Business Park, Omak, WA 98841

    $89,500
    0.43 AC lot

    Commercial land in Omak, near major retailers.

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    Off-Market Properties in Lummi Island, WA

    Consider similar Off-Market properties in Lummi Island, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2200 Nugent Rd
    RESTAURANT

    2200 Nugent Rd, Lummi Island, WA 98262-8659

    Value Estimation by Request
    2,958 sqft 2.38 AC lot
    View details

    Lummi Island, WA Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Lummi Island, WA on our real estate platform. These investment opportunities span a total of 4,560 square feet of properties for sale, with an estimated market value of $1,690,000.

    Sale prices for restaurant properties in Lummi Island, WA average $1,690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,020
    Population Growth (5Y) +20.4%
    Median Household Income $76,528
    College Educated 84.6%

    High-Yield Neighborhoods for Investment

    Identify Lummi Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98262 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.63%
    Property Tax per SF $26.98 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

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