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7-Unit Waterfront Mixed-Use Property
For Sale
$2,800,000

10 Front Street Northwest, Coupeville, WA 98239

Historic property combines street-level commercial space with licensed short-term rentals and direct exposure to Penn Cove.

Property Size6,480 SF
Price / SF$432.10
Days on Market155

Property Features for 10 Front Street Northwest

General Information

Standard status Active
Size 6,480 SF
Property subtype Residential Income
Net Operating Income $127,991

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Sprinkler System Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $10,415

Amenities

Cable TV
Deck
Fenced-Partially
High Speed Internet
Patio
0, 0, 0, 0
No
Yes, Ductless
Yes, Ductless, Wall Furnace
Fire Sprinklers,Storage
Ceramic Tile, Laminate
Composition
Wood, Wood Products
Partially Fenced
Low Bank, Saltwater, Sound

Building Details

Year Built 1864
Tenancy Multi
Listing Agency: Compass
Listed By: Emily Shepodd · License #137884
Source: Compass
Added: May 20 Changed: Oct 19 Last Checked: Oct 19 at 8:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

Built in 1864, this seven-unit mixed-use property includes four street-level commercial spaces and three licensed short-term rental units. The building offers more than 60 feet of commercial frontage along Front Street NW, with nearly every unit oriented toward views of Penn Cove. Existing features include decks, a patio, partial fencing, high-speed internet, cable TV, and a sprinkler system.

The property is located at 10 Front Street NW in historic Coupeville, with waterfront access and proximity to Fort Ebey and the Coupeville–Port Townsend ferry. The offering includes two parcels and zoning designations for Business, Commercial, Multi-Family, and Retail. Documented improvements include new pilings, siding, and major system upgrades.

Key Highlights

  • Seven‑unit mixed‑use property built in 1864
  • Four street‑level commercial spaces plus three licensed short‑term rental units
  • Over 60 feet of commercial frontage on Front Street NW

Property Analytics

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Current Use

Jennifer Wynn COMPASS ... Real Estate Agency The Laughing Admiral Discount Store

Suggested Use

Top Pick Auto Repair Shop HVAC Service Electrical Service Storage Facility Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 98239, WA

7,394
Population
4,062
Households
1.8
Avg Household Size
57
Median Age
42%
College-Educated
97%
High-School Grad
31.0 sq mi
ZIP Area
239
Density / Sq Mi
$86,138
Median Household Income
$50,387
Median Earnings
$1,177
Median Rent
$577,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic property combines street-level commercial space with licensed short-term rentals and direct exposure to Penn Cove.
Where is this mixed-use property located?
The property is located at 10 Front Street Northwest Coupeville, WA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Seven‑unit mixed‑use property built in 1864; Four street‑level commercial spaces plus three licensed short‑term rental units; Over 60 feet of commercial frontage on Front Street NW
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