10 Front Street NW, Coupeville, WA 98239

Property Description

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 Status:

Active

Data Last Updated:

July 6, 2026 at 12:22AM

Listing Office:

COMPASS : 425-242-6440

Listing Agent:

Emily Shepodd : 425-242-6440

MLS ID:

2548704

Interior

• Flooring: Ceramic TileLaminate
• A/C: Ductless
• Heating: DuctlessWall Furnace
• Fireplace: Fireplaces: 0

Exterior

• General: WoodWood Products
• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: 55 - 5-9 UnitsPillar/Post/Pier

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Coupeville
• County: Island

Lot

• Zoning: R132334093800
• View: CityIslandsMountainsSoundTerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls