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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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$39,617,120
|
$9,107.38
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $39,617,120 |
| Annual Per SF | $9,107.38 |
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
$2,921,709 CAD
Price Per SF
$671.66 CAD
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)
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R13122-250-2590 | Improvements Assessment | $773,527 CAD |
| Land Assessment | $500,864 CAD | Total Assessment | $1,274,391 CAD |
Property Taxes
Parcel Number
R13122-250-2590
Land Assessment
$500,864 CAD
Improvements Assessment
$773,527 CAD
Total Assessment
$1,274,391 CAD
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12981 State Route 20
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