Rockhood
$1,170,000List price
Active

110 N 1st Street · La Conner, WA 98257

Source: NWMLS · RE/MAX Northwest · Ricky L. Mouw #NWM2472673

About this home

TWO LEVELS, TWO INCOME STREAMS - AN EXCEPTIONAL OPPORTUNITY TO LIVE AND WORK all on the same property!! Prime mixed-use investment opportunity in the heart of downtown La Conner with strong income potential and multiple revenue streams. This highly visible downtown property features street-level commercial space with full kitchen and excellent year-round foot traffic, currently occupied by the well-established The Wayfinder Cafe, a popular dining destination with a loyal customer base. ( Bussiness not for sale ) The street leval commercial space was remodeled in 2023, enhancing operational efficiency and long-term value. The upper-level two-story apartment was fully remodeled in 2024 and offers immediate short-term or long-term rental potential. The residence includes three bedrooms, a loft, a private rooftop deck with water and town views, and upgraded interior finishes throughout. New appliances, modern kitchen design, and a double-sided fireplace add strong appeal for both nightly and extended-stay rentals. Located in one of Washington’s most visited waterfront towns, this property benefits from consistent tourism, limited inventory, and strong demand for dining and lodging accommodations. Ideal for investors seeking diversified income, owner-users, or 1031 exchange buyers looking for stability, appreciation, and flexibility. A rare opportunity to acquire a turnkey mixed-use asset in a proven destination market.

Location

Basics

Property type
Commercial Industrial
Style
Comm Bldg Und 10K
Condition
Updated/Remodeled
Year built
1993 (renovated 2024)
Lot size
2,448 sq ft (0.06 acres)
County
Skagit
MLS #
NWM2472673

Interior

Heating
Forced Air
Cooling
None
Flooring
Ceramic Tile, Hardwood, Slate, Carpet

Exterior & lot

Exterior features
Wood, Wood Products
Roof
Composition, Flat
Foundation
Poured Concrete
Topography
Level

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Natural Gas

Community & fees

Subdivision
La Conner
Property tax
$3,567 (2025)

Transaction

Original list price
$1,175,000 (0.4% price cut)
Listed on
Jan 28, 2026
Days on market
234
Listing terms
Cash, Conventional
Possession
Subject To Tenant Rights

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2026-01-28
Active$1,170,000
2020-06-01
Sold$557,500

Schools

High
La Conner High School
SchoolDigger 1 star · Top 83% in WA

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Listing provided courtesy of: RE/MAX Northwest

Listing agent: Ricky L. Mouw.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-17.