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Executive Summary
Business and Real Estate can be sold separately!
This free-standing Restaurant offers a rare opportunity to acquire a well-established, highly regarded dining destination on scenic Whidbey Island. Known for its warm hospitality, locally inspired menu, and unmatched location, this restaurant attracts both loyal locals and steady tourist traffic year-round.
Location: Desirable Whidbey location – situated with spectacular water and mountain views.
Established Reputation: Celebrated for fresh, locally sourced seafood, regional specialties, and creative seasonal dishes. Strong presence in the community and across online review platforms.
Impeccable Facility: Turnkey operation with a fully equipped commercial kitchen, tasteful dining room, and inviting bar area. No deferred maintenance—ready for seamless ownership transition.
Profitable Business: Diverse revenue streams including dine-in, bar sales, catering, and seasonal specials. Loyal customer base supported by steady tourism flow.
Ambiance: Relaxed, coastal charm with warm, welcoming interiors and expansive windows highlighting panoramic water views.
Outdoor Dining: Spacious patio seating with unobstructed waterfront vistas, perfect for al fresco dining and events.
Versatile Seating: Flexible floorplan accommodates small or large groups comfortably, along with private party options for special occasions.
Limited Owner Involvement: Current ownership maintains limited day-to-day operational participation, providing flexibility for either an active owner-operator or an investor seeking a more passive role.
Opportunity: Step into a thriving, turn-key restaurant in one of Whidbey Island’s most picturesque locations. Ideal for an owner-operator or investor seeking a destination dining business with exceptional growth potential.
This free-standing Restaurant offers a rare opportunity to acquire a well-established, highly regarded dining destination on scenic Whidbey Island. Known for its warm hospitality, locally inspired menu, and unmatched location, this restaurant attracts both loyal locals and steady tourist traffic year-round.
Location: Desirable Whidbey location – situated with spectacular water and mountain views.
Established Reputation: Celebrated for fresh, locally sourced seafood, regional specialties, and creative seasonal dishes. Strong presence in the community and across online review platforms.
Impeccable Facility: Turnkey operation with a fully equipped commercial kitchen, tasteful dining room, and inviting bar area. No deferred maintenance—ready for seamless ownership transition.
Profitable Business: Diverse revenue streams including dine-in, bar sales, catering, and seasonal specials. Loyal customer base supported by steady tourism flow.
Ambiance: Relaxed, coastal charm with warm, welcoming interiors and expansive windows highlighting panoramic water views.
Outdoor Dining: Spacious patio seating with unobstructed waterfront vistas, perfect for al fresco dining and events.
Versatile Seating: Flexible floorplan accommodates small or large groups comfortably, along with private party options for special occasions.
Limited Owner Involvement: Current ownership maintains limited day-to-day operational participation, providing flexibility for either an active owner-operator or an investor seeking a more passive role.
Opportunity: Step into a thriving, turn-key restaurant in one of Whidbey Island’s most picturesque locations. Ideal for an owner-operator or investor seeking a destination dining business with exceptional growth potential.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,475,100
|
$6,546.00
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $28,475,100 |
| Annual Per SF | $6,546.00 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,350 SF
Building Class
C
Year Built/Renovated
1981/2009
Price
$2,100,000
Price Per SF
$482.76
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.45 AC
Zoning
80
Parking
20 Spaces (4.6 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R13122-250-2590 | Improvements Assessment | $555,978 |
| Land Assessment | $360,000 | Total Assessment | $915,978 |
Property Taxes
Parcel Number
R13122-250-2590
Land Assessment
$360,000
Improvements Assessment
$555,978
Total Assessment
$915,978
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12981 State Route 20
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