101 S Main Street, Coupeville, WA 98239
- $500,000
Listing Broker: Coldwell Banker 360 Team; Marissa Evans; ; Selling Office: MGI Real Estate.
- Sold Price
- $500,000
- List Price
- $515,000
- Status
- SOLD
- MLS#
- 2550044
- Closing Date
- Jul 17, 2026
- Days on Market
- 2
- Annual Tax Ammount
- 3346
Property Description
Position your business for success in this Prime location on Main St in Coupeville with this exceptional 1,698-square-foot commercial building offering outstanding visibility, easy access, & ample on-site parking. Currently leased until April 2027 & configured as a professional physical therapy office, the thoughtfully designed floor plan provides flexibility for a wide range of professional, medical, wellness, retail, or office users. The bright reception & waiting area creates an inviting first impression, while expansive front windows fill the interior with natural light & provide excellent street presence. The building features multiple private treatment/exam rooms, spacious open therapy or collaborative workspace, private offices, ADA-accessible restroom, staff break room with kitchenette & laundry area. High ceilings & a functional layout maximize efficiency while offering the opportunity to easily adapt the space to your business needs. Located in one of Whidbey Island's most desirable commercial corridors, this property benefits from steady local traffic, strong community presence, & convenient proximity to downtown Coupeville, SR-20, & nearby medical & professional services. Whether you're expanding an existing practice, launching a new business, or seeking an investment property, this well-maintained commercial building offers a rare opportunity in a highly sought-after location with exceptional versatility & long-term potential. --Please do not disturb the tenants!
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Additional Information
- Community
- Coupeville
- Building Condition
- Very Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1996
- # of Assigned Spaces
- 10
- Roof
- Metal
- Tax Year
- 2025
- Potential Terms
- Cash, Conventional
- Flooring
- Vinyl, Carpet
- Driving Directions
- Highway 20 to Main St, head west, building on your left
- Other Expenses
- 1589
- Energy Source
- Electric
- Net Operating Income
- $31,815
- Gross Adjusted Income
- $37,525
- Gross Scheduled Income
- $37,525
- Cap Rate
- 6.2
- Total Expenses
- $5,710
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