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107 S Main St 28,815 SF 100% Leased Office Building Coupeville, WA 98239 $9,100,938 CAD ($315.84 CAD/SF) 6.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term proven investment history
- Situated on Main Street and Hwy 20
- Diverse portfolio of medical, professional, retail, and office tenants
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
28,815 SF
Building Class
B
Year Built
2001
Price
$9,100,938 CAD
Price Per SF
$315.84 CAD
Cap Rate
6.67%
NOI
$606,754 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,408 SF
Building FAR
0.21
Lot Size
3.22 AC
Zoning
CP
Parking
165 Spaces (5.73 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Restaurant
- Air Conditioning
1 1
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | R13233-020-4350 | Improvements Assessment | $6,623,413 CAD |
| Land Assessment | $1,967,752 CAD | Total Assessment | $8,591,166 CAD |
PROPERTY TAXES
Parcel Number
R13233-020-4350
Land Assessment
$1,967,752 CAD
Improvements Assessment
$6,623,413 CAD
Total Assessment
$8,591,166 CAD
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107 S Main St
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