USAWAFriday HarborTown849 Spring St
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$2,525,000

For Sale

A day ago

849 Spring St, Friday Harbor, WA

House

MLS® 2542686

0 Bed

0 Bath

--

40 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $13,470
Days Active 1
Lot Size 1.6957 Acres
Approx. Age 1993
MLS® Number 2542686

Property Address: 849 Spring St, Friday Harbor, WA, 98250-9376

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire Spring Street Square, an established income-producing asset in Friday Harbor. Offering approximately 20, 000± square feet across five buildings, the property is currently configured as 24 units with a strong, diverse tenant mix providing stable cash flow. Operating near capacity, the property currently delivers an attractive 6.5% cap rate, with projected returns of approximately 7.8% upon stabilization, presenting a compelling value-add investment opportunity. Ideally located with prominent Spring Street frontage, the property offers excellent visibility, ample parking, and close proximity to the hospital and airport. The sale includes two tax parcels, featuring an additional 0.55± acre vacant lot—creating valuable future development potential. Recent upgrades include installation of a fire suppression system, improvements to landings and railings, and exterior paint. With the option to incorporate short- or mid-term residential units, this property presents a unique opportunity to further diversify income, enhance long-term value, and capitalize on strong demand in one of the Pacific Northwest's most desirable island communities.
MLS® Number2542686
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1993
Basement
Driveway
Garage Spaces
HeatDuctless, Wall Furnace
A/CDuctless

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 22, 2026List Date
$2,525,000List Price
  • Commute

Commute

Starting Address
Destination Address
849 Spring St, Friday Harbor, WA

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