GREAT DOWNTOWN OPERATING INN and RESTAURANT.. Incredible opportunity to own and operate a fine dining restaurant w/ a 3 room boutique hotel with separate detached 1 bedroom cottage in historic Coupeville. Inn at Penn Cove has 2 second level furnished rooms w/private baths, 1 furnished patio deck room with bath, and detached furnished 1 bedroom cottage with kitchen and bath. Operate restaurant, live in cottage, rent out 3 guest rooms for additional income. Property needs some tender loving care. Buyer to confirm w/City Planner and other municipals for potential to create binding condominium site plan for Historic Inn and Historic Doctor’s cottage - a potential to create two separate sellable properties. SELLER WILL CONSIDER OWNER FINANCING!
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2443721
Listed by
Wanda Eaton,
Better Properties Eastside
We don't currently have a buyer representative
in this area. To be sure that you're getting objective advice, we always suggest buyers work with their
own agent, someone who is not affiliated with the seller.
All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
Sqft (Total)
2,489 sqft
Sqft (Finished)
2,489 sqft
Sqft (Unfinished)
None
Property Type
House
Sub Type
2 Story
Bedrooms
4 Bedrooms
Bathrooms
3.25 Bathrooms
Lot
6,098 sqft Lot
Lot Size Source
Public Records
Lot #
Lot 1
Project
Town of Coupeville
Total Stories
2 stories
Basement
None
Sqft Source
Public Records
Property Tax Info
2025 Property Taxes
$6,265 / year
No Senior Exemption
Public Parcel Data & Maps
County
Island County
Parcel #
R132332793910
County Website
Unspecified
County Parcel Map
Unspecified
County GIS Map
Unspecified
About
County links provided by Mainview LLC
Schools
School District
Coupeville
Elementary
Buyer To Verify
Middle
Buyer To Verify
High School
Buyer To Verify
HOA
HOA Dues
Unspecified
Fees Assessed
Unspecified
HOA Dues Include
Unspecified
HOA Contact
Unspecified
Management Contact
Parking
Covered
Unspecified
Types
None
Has Garage
No
Construction
Year Built
1889
Home Builder
Unspecified
Cooling
Includes
None
Heating
Includes
Other – See Remarks
Interior
Flooring
Concrete Hardwood Laminate
Features
Dining Room Water Heater
Property
Lot Features
Corner Lot
Appliances
Included
Dishwasher(s) Microwave(s) Refrigerator(s)
Terms
3rd Party Approval Required)
No
Bank Owned (REO)
No
Complex FHA Availability
Unspecified
Potential Terms
Cash Out Conventional Rehab Loan
Utilities
Energy
Electric
Sewer
Sewer Connected
Water Source
Public
Additional Info
Waterfront
No
Air Conditioning (A/C)
No
Buyer Broker's Compensation
2.5%
MLS Area #
Area 812
Number of Photos
35
Last Modification Time
Friday, October 10, 2025 12:12 PM
System Listing ID
5491690
Update Info
First For Sale
2025-10-10 12:26:07
Listing details based on information submitted to the MLS GRID as of Friday, October 10, 2025 12:12 PM.
All data is obtained from various
sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.