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107 S Main St 31,530 SF 100% Leased Office Building Coupeville, WA 98239 $8,784,657 CAD ($278.61 CAD/SF) 8.13% 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
Building Size
31,530 SF
Building Class
B
Year Built
2001
Price
$8,784,657 CAD
Price Per SF
$278.61 CAD
Cap Rate
8.13%
NOI
$713,911 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,408 SF
Building FAR
0.22
Lot Size
3.22 AC
Zoning
CP
Parking
165 Spaces (3.24 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Restaurant
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Property Taxes
| Parcel Number | R13233-020-4350 | Improvements Assessment | $6,490,889 CAD |
| Land Assessment | $1,928,381 CAD | Total Assessment | $8,419,269 CAD |
Property Taxes
Parcel Number
R13233-020-4350
Land Assessment
$1,928,381 CAD
Improvements Assessment
$6,490,889 CAD
Total Assessment
$8,419,269 CAD
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107 S Main St
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