10 Front Street NW · Coupeville, WA 98239
Source: NWMLS · COMPASS · Emily Shepodd #NWM2548704
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- 5-9 Units
- Stories
- 3 stories
- Condition
- Restored
- Year built
- 1864 (renovated 2016)
- Building area
- 6,480 sq ft
- Lot size
- 4,791 sq ft (0.11 acres)
- County
- Island
- MLS #
- NWM2548704
Interior
- Heating
- Ductless, Wall Furnace
- Cooling
- Ductless
- Flooring
- Ceramic Tile, Laminate
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Foundation
- Pillar/Post/Pier
- Lot features
- Curbs, Paved, Sidewalk
- View
- City, Islands, Mountains, Sound, Territorial
- Waterfront
- Yes
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Propane
Community & fees
- Subdivision
- Coupeville
- Property tax
- $10,415 (2026)
Transaction
- Listed on
- Jul 2, 2026
- Days on market
- 120
- Listing terms
- Cash, Conventional
- Possession
- Closing, Negotiable
More homes nearby
Schools
School district: Coupeville
- Elementary
- Coupeville Elem
- Middle
- Coupeville Mid
- High
- Coupeville High SchoolSchoolDigger 4 stars · Top 27% in WA

Listing provided courtesy of: COMPASS
Listing agent: Emily Shepodd.
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 2026-08-28.