Listing provided courtesy of Better Homes&Gardens McKenzieNWMLSas Distributed by MLSGrid- MLS# NWM2440868MLS Provider

107 S Main StreetCoupeville, WA 98239

Commercial · 3.22 Acres
$6,300,000 Active

107 S Main Street Overview

Visits:
14

Perfectly situated in the heart of downtown Coupeville with prime exposure near State Route, this superior commercial complex offers over 28,000 sq. ft. of space and 30 unique units, currently home to 25 businesses. Built between 2001–2005, the property boasts a strong rental history, several long-term tenants, and an attractive cap rate. Currently self-managed, it presents an exceptional investment opportunity for any portfolio. Just minutes from the county seat, hospital district, and historic downtown, this is a rare chance to own a high-performing property in a thriving location you won’t want to miss!

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

107 S Main Street Facts & Features

  • Type Commercial
  • Lot 3.22 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Green Features

  • Green Energy Generation: Solar

Income/Expenses

  • Other Expense: 128324
  • Gross Scheduled Income: 639480
  • Net Operating Income: 511988
  • Total Expenses: 171184

Building Information

  • Year Built: 2001

Location/Region

  • Country: US
  • County Or Parish: Island
  • MLS Area Major: 812 - Central Whidbey Island
  • Subdivision Name: Coupeville

Tax Information

  • Tax Annual Amount: $42,860.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry
  • Parcel Number: R132330204350
  • Possible Use: Business,Commercial,Office,Retail,See Remarks
  • Property Condition: Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 32328
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Solar PV

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 165
  • Parking Uncovered Total: 165

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 3.22
  • Lot Size Square Feet: 140263
  • Lot Size Units: Square Feet
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition, Metal
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 1
  • Sewer: Sewer Connected

Unit Information

107 S Main Street Neighborhood

Community

98239 (Coupeville) Demographics

60
Median Age
180
Population Density (per sq. mile)
46%
College Educated
$71,121
Estimated Median Income
2,895
Estimated Total Home Owners
610
Estimated Total Renters
83% / 17%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

107 S Main Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

107 S Main Street Market Data

Based on the last 30 days in this zip code

$862,700
Average List Price
$445
Average Price per Square Foot
26
Properties Sold
61
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network

107 S Main Street History

Date Event Value Agent
1/4/2026Source: NWMLS Price Reduction
$6,300,000 -4.5%
10/2/2025Source: NWMLS Added to Database
October 02, 2025
6/20/2022Source: NWMLS Added to Database
July 29, 2021
11/9/2021Source: NWMLS Status Change
Sold