107 Main St Coupeville, WA 98239

Coupe's Village, a well-established mixed-use property in Coupeville, WA, presents a compelling investment opportunity. This stabilized shopping center boasts 28,815 square feet across seven buildings, offering a diverse range of suite sizes from 120 to over 2,728 square feet. The property features a strong tenant roster, including several long-term occupants (ten plus years) in the medical, professional, retail, and office sectors. Notable tenants such as Penn Cove Vet Clinic, Coupeville Dental (both recently expanded), and Peoples Bank contribute to the property's consistent performance. Strategically located on Main Street and Highway 20, the primary arterial for Whidbey Island, the complex benefits from high visibility, easy access from a signalized intersection, and ample on-site parking. Its prime location is further enhanced by its proximity to Whidbey Health Medical Center and Coupeville Schools. The property's consistent performance is reflected in its $429,260 net operating income (NOI) and a 6.50% cap rate, making it an attractive investment at an asking price of $6,600,000. The current owner, who designed and built the complex in phases between 2001 and 2005, has provided a unique understanding of the property's history and management. This established center offers a rare opportunity to acquire a well-maintained, high-performing asset in a desirable location. The property's long-term investment history and diverse tenant base provide a solid foundation for future growth and profitability.