240 1 St N (Status: Available) 2000000

240, 1 St, Friday Harbor, WA  98250

Jerry Sankey is pleased to present THE MOBY.? Invest today in perhaps the Pacific Northwest’s greatest vacation destination.? Friday Harbor, in the San Juan Islands.? The Moby Hotel will be a beautifully appointed newly constructed, 23 room boutique hotel with 23 parking stalls.? Each room will offer unobstructed views of Friday Harbor.? The Moby property is the last of its kind, zoned for Hotel/Hospitality in all of the San Juan Islands.? The location speaks for its self.? Perched high above Friday Harbor, The Moby is within steps of all of the amenities that downtown Friday Harbor has to offer.? An investor can either JV for $2,000,000 for 45% ownership and receive an estimated 9.25% annual return based on proforma.? The other option is buying the property outright for $4,000,000 for a 8

Listing Details

Asset Class: Land,Hotel/Motel,Specialty
Year Built:
Building Total Square Feet: 0
Available Lease Space Square Feet: 18997
Number of Floors:
Total Parking Spaces: 0
Local Zoning Information: Commercial

Listing Courtesy of: Newmark

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.