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264 Main Street
Eastsound, WA 98245
Asking Price
$3.30M
Asset Type
Bar Retail
Class
Class B
What's Special
Orcas Island Waterfront Restaurant/Bar in Eastsound <p>Rare Offering - very few commercial waterfront lots in Eastsound</p><p>White Horse has a long successful operating history</p><p>Beautiful waterfront patio dining on the lower floor off the Black Donkey Bar</p><p>21 grandfathered parking spaces could help with future development</p><p>Village Commercial Zoning 4-40 units per acre</p><p>Retail, Multi-Unit +++</p><p>Liqueur, gambling license</p><p>Best foot traffic in Eastsound</p>
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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193