755 Marine Dr - Hospitality FOR SALE


Point Roberts, WA 98281
$3,995,000 USD
425-362-1396
755 Marine Dr, Point Roberts, WA for Sale
$3,995,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

755 Marine Dr
Point Roberts, WA 98281


HIGHLIGHTS

  • Rare 4.32-acre waterfront development opportunity
  • Approximately 369 feet of waterfront
  • Existing approximately 20,000+ SF former cannery structure
  • Rare Waterfront Entitlement 38 feet from high tide mark
  • Direct beach access

OVERVIEW

755 Marine Drive presents a rare waterfront redevelopment opportunity in Point Roberts, Washington, encompassing approximately 4.32 acres with nearly 369 feet of shoreline frontage. The property includes an existing 20,216-square-foot former cannery building, offering a foundation for adaptive reuse or comprehensive redevelopment. Zoned Resort Commercial, the site supports a variety of hospitality, commercial, residential, and mixed-use concepts, subject to applicable approvals. Its waterfront setting provides direct beach access, expansive ocean views, and a unique coastal environment that is increasingly difficult to replicate in the Pacific Northwest. Previous development concepts envisioned a resort and spa destination, demonstrating the site's capacity for larger-scale hospitality-oriented projects. Located within convenient reach of Vancouver, B.C., Bellingham, and the greater Seattle region, the property offers a compelling opportunity for investors, developers, and hospitality operators seeking a distinctive waterfront asset.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$106 USD /SF

# OF ROOMS

28

PRICE/ROOM

$142,679 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blackfish Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

4.32 AC

LAND SF

188,179 SF

ZONING

RC

APN/PARCEL ID

405309-497335-0000

ASK ABOUT THIS PROPERTY

Josh SatterleeNewmarkMore Info
425-362-1396

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Josh SatterleeNewmarkMore Info
425-362-1396

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.