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25 W Nichols Street

Friday Harbor, WA 98250
  • $1,300,000
  • STATUS: Active
  • ID#: 2585118
UPDATED: 47 min ago
$1,300,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Coldwell Banker Bain.
Mortgage Calculator is provided by BoomTown.

Description

An unparalleled two-parcel commercial portfolio is now available in Friday Harbor's downtown core on San Juan Island. Located at a premium address within walking distance of the ferry and marina, this rare corner lot ensemble includes 3 stable tenants and redevelopment or expansion potential. Located in the historical and commercial heart of the Town, this property is surrounded by vibrant shops, galleries, restaurants, farmers' market, and movie theatre. This portfolio offers immediate, reliable commercial income, as well as a seamless path toward future luxury hospitality development. Friday Harbor serves as the primary gateway to the San Juan Islands, welcoming hundreds of thousands of travelers each year. TPN 351358032000, 65 Nichols business is .09 acres with a 1008 sf building; TPN 351358033000, 25 Nichols, is 0.08 ac, with one 816 sf. building and 400 sf building. All three businesses operate under a commercial lease structure, ensuring peace of mind and strong yield performance from day one. Whether your strategy is to maintain the existing buildings and enjoy triple-net-style returns from these businesses, or to develop a luxury hotel and retail sales, this portfolio allows you to secure your footprint in the Islands. Financials, lease agreements, and Town plans available. Will consider selling each parcel separately with assignment of lease for each business. Don’t miss this unique opportunity.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-05T07:16:51.65. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-05T07:16:51.65. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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25 W Nichols Street Friday Harbor, WA 98250

  • Price: $1,300,000
  • Status: Active
  • On Site: Days
  • Updated: 47 min ago
  • ID#: 2585118
0
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Friday Harbor
County:
San Juan
Area:
San Juan Island
Property Description
An unparalleled two-parcel commercial portfolio is now available in Friday Harbor's downtown core on San Juan Island. Located at a premium address within walking distance of the ferry and marina, this rare corner lot ensemble includes 3 stable tenants and redevelopment or expansion potential. Located in the historical and commercial heart of the Town, this property is surrounded by vibrant shops, galleries, restaurants, farmers' market, and movie theatre. This portfolio offers immediate, reliable commercial income, as well as a seamless path toward future luxury hospitality development. Friday Harbor serves as the primary gateway to the San Juan Islands, welcoming hundreds of thousands of travelers each year. TPN 351358032000, 65 Nichols business is .09 acres with a 1008 sf building; TPN 351358033000, 25 Nichols, is 0.08 ac, with one 816 sf. building and 400 sf building. All three businesses operate under a commercial lease structure, ensuring peace of mind and strong yield performance from day one. Whether your strategy is to maintain the existing buildings and enjoy triple-net-style returns from these businesses, or to develop a luxury hotel and retail sales, this portfolio allows you to secure your footprint in the Islands. Financials, lease agreements, and Town plans available. Will consider selling each parcel separately with assignment of lease for each business. Don’t miss this unique opportunity.
Exterior Features

Carport YN No Covered Spaces 0 Open Parking YN No Parking Total 6

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling YN No Fireplace YN No Fireplaces Total 0 Heating YN No Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No FIRPTAYN No Irrigation Water Rights YN No Listing Terms CashConventionalSBA Possession NegotiableSee RemarksSubject To Tenant Rights Property Condition Good Property Sub Type Business Opportunity Senior Community YN No Special Listing Conditions None

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-05T07:16:51.65. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-05T07:16:51.65. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Digital Millennium Copyright Act
 
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Northwest Home Team Realty, LLC
111 Tumwater Boulevard SE, A109
Tumwater WA, 98501
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Coldwell Banker Bain.
Mortgage Calculator is provided by BoomTown.