Coupeville, Washington Commercial Real Estate 1 Listing

Coupeville, Washington: A Premier Destination for Commercial Real Estate

Introduction

Coupeville, Washington, located on Whidbey Island, offers a unique commercial real estate landscape characterized by its small-town charm and strategic location within the Puget Sound region. As the county seat of Island County, Coupeville combines historical appeal with modern economic potential. The town is a hub for tourism, government services, and small businesses, benefiting from a diverse economy that supports a variety of commercial property types. Coupeville's proximity to larger markets like Seattle and its growing infrastructure make it an appealing destination for CRE investors looking to capitalize on niche opportunities in a picturesque setting.

Economic and Industry Overview

Coupeville's economy is predominantly driven by tourism, healthcare, and government services. The town is home to WhidbeyHealth Medical Center, which is a significant employer and a driver for medical office space demand. The tourism industry thrives due to Coupeville's historic downtown, which attracts visitors and supports retail and hospitality properties. Additionally, the presence of nearby Naval Air Station Whidbey Island influences the demand for industrial and logistics spaces. The Island County Economic Development Council actively supports economic growth and offers resources for new and expanding businesses.

Strategic Location and Transportation Infrastructure

Coupeville is strategically located with access to major transportation routes that enhance its commercial real estate appeal. The town is connected to the mainland via State Route 20, providing easy access to Interstate 5. The Coupeville Ferry Terminal offers routes to Port Townsend, bolstering tourism and retail traffic. Although Coupeville does not have its own airport, it is within driving distance of Seattle-Tacoma International Airport and Paine Field in Everett. These logistical advantages facilitate distribution and access to a skilled labor pool from the broader Puget Sound region. For more information, visit the Washington State Department of Transportation.

Commercial Real Estate Inventory & Zoning

Coupeville's commercial real estate market is characterized by its historic downtown core, mixed-use developments, and surrounding retail corridors. The town offers a variety of asset classes including retail, office, and medical properties, catering to its diverse economic base. The local government provides incentives for historic preservation and adaptive reuse of buildings, enhancing the appeal of the downtown area for investors. For detailed zoning information and parcel maps, visit the Town of Coupeville Planning Department.

Major Employers and Institutions

The largest employers in Coupeville include WhidbeyHealth Medical Center, Island County Government, and the Coupeville School District. These institutions drive significant demand for office and institutional real estate. The town's proximity to Naval Air Station Whidbey Island also influences the local economy. For more information, explore the Island County Business Directory.

Notable Commercial Developments & Projects

Coupeville has seen several notable developments, including mixed-use projects that blend retail, office, and residential spaces. The town is part of an Opportunity Zone, providing tax incentives for new developments. Public-private partnerships are also instrumental in revitalizing the waterfront and historic districts. For project details, visit the Town of Coupeville Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Coupeville offers a range of resources to facilitate new projects:

Market Data & Economic Reports

Coupeville's market data is supported by various public resources, including the U.S. Census Bureau and the Island County Open Data Portal. Brevitas leverages AI-powered insights to synthesize public data and internal analytics, offering comprehensive dashboards for investors. Explore Brevitas-powered insights for Coupeville here.

Why Use Brevitas for Coupeville, Washington CRE?

Brevitas offers an unparalleled platform for discovering commercial real estate opportunities in Coupeville. Our AI-driven technology provides real-time market alerts, smart property pages, and dealroom collaboration, ensuring that you stay ahead in the competitive CRE market. Key features include: