$ 2,800,000
-
$2,800,000
Price -
3
Bed -
3
Bath -
3,802
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 5813 - 122725,107216
Positioned along one of Whidbey Island’s most iconic waterfront corridors, this rare mixed-use investment opportunity offers over 60 feet of coveted commercial frontage in the heart of historic Coupeville. The meticulously restored seven-unit property includes four street-level commercial spaces and three licensed short-term rental units, creating diversified income potential in a highly sought-after destination market. Nearly every unit captures sweeping views of Penn Cove, with front-row access to the island’s marine wildlife, boating activity, and vibrant waterfront atmosphere.Extensive capital improvements have already been completed, including new pilings, siding, and major system upgrades, allowing investors to step into a stabilized asset with strong operational history and immediate cash flow. Offered with two parcels, the property also presents future upside through expansion, redevelopment potential, or continued optimization of rental income. Located minutes from Fort Ebey, the Coupeville–Port Townsend ferry, and convenient routes to Seattle, Bellevue, and Everett, this is a rare opportunity to acquire a legacy waterfront asset in one of the Pacific Northwest’s most desirable tourism-driven markets.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
2528652
Year Built
1912
Total Square Footage
3,802
Lot/Acreage
0.11
County
Island
Neighborhood
Coupeville
School District
Coupeville
Elementary School
Coupeville Elementary
Middle School
Coupeville Middle
High School
Coupeville High
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Town of Coupeville
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio,Sprinkler System,Medium Bank,Saltwater,Sound,Zoning: Multi-Family,See Remarks
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 60 x 69
- Zoning: Multi-Family,See Remarks
- Roof: Composition,Torch Down
- Others: Wood,Wood Products,Restored
- Sewer: Town of Coupeville
Financial Details
- Tax Amount: $10,415
- Taxes w/Assessments: N/A
- Tax/Property ID: R132334093800
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
10 NW Front St Coupeville, WA 98239
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
