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240 FIRST ST N Friday Harbor WA 98250-7994

[Locked] • APN 351150003000

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Details
Property Type Hospitality
Sub Type Hotel, Motel
Lot SqFt 12,989
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code CO
Opportunity Zone No
Mortgage Amount ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******
Sold Price per Acre ******
Tax Year ******
Tax Land ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel, Motel
Marketing Description

Jerry Sankey is pleased to present THE MOBY. ONE-OF-A-KIND PROPERTY!

Invest today in the Pacific Northwest’s greatest vacation destination. Friday Harbor, San Juan Islands. The Moby Hotel will be a beautifully appointed newly constructed, 23-room boutique hotel with 27 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 the San Juan Islands. The location speaks for itself. Perched high above Friday Harbor, The Moby is within steps of all the amenities that downtown Friday Harbor has to offer. An investor can JV or purchase this property. Terms of the Joint Venture TBD. Purchase price of $2.5M includes both plans and permits.

Investment Highlights
  • PLACE: Perched above beautiful Friday Harbor, San Juan Island, WA

  • OPPORTUNITY: FOR SALE or JOINT VENTURE

  • DEMAND: Even during these unprecedented times, demand remains sky high. There is simply not enough supply on San Juan Island to keep up with the demand.

  • CONSTRUCTION TIMETABLE: 14 Months from start to finish. Owners have paid for and hold permits in hand.

  • DEVELOPER: Mr. Wally Trace is one of the owners of this project and lives on San Juan Island. For more information on Mr. Trace, click HERE.

  • CONSTRUCTION LOAN: We are currently in talks with a private lender, this lender will loan up to 75% of the cost to build.

  • HOTEL OPERATOR: Mr. Trace is in discussions with several experienced operators wanting to run this hotel for him once built.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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CO CommercialGeneral CommercialCommercial
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View all 14 uses
View all 14 uses
Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
JS
Jerry Sankey PRO
•••.•••.2722
•erry@••••••••.com
Excel Properties
Listing removed on
 BY:
ML
Marty Leith
•••.•••.0225
•••••.•eith@••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Anacortes, WA.
Anacortes, WA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Anacortes, WA (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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