GREAT DOWNTOWN OPERATING INN and RESTAURANT... Incredible opportunity to own and operate a fine dining restaurant with a 3 room boutique hotel with separate detached 1 bedroom cottage in historic Coupeville. Inn at Penn Cove has two second level furnished rooms with private baths, 1 furnished patio deck room with bath, and detached furnished 1 bedroom cottage with kitchen and bath. Operate restaurant, live in cottage and rent out 3 guest rooms for additional income. Property needs some tender loving care. Buyer to confirm with City Planner and other municipals if there is a potential to create a binding condominium site plan for Historic Inn and Historic Doctor’s cottage for the potential to create two separate sellable properties.
Listing Provided Courtesy of Wanda Eaton, Better Properties Eastside
General Information
NWM2391748
Single Family Residence
11
DOM
4
6098.4 SqFt
2.5
2489
1889
Island
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential
Single Family Residence
Listing Provided Courtesy of Wanda Eaton, Better Properties Eastside
Krishna Realty data last checked: Jul 04, 2025 01:28 | Listing last modified Jun 22, 2025 20:25,
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Residence Information
2489
4
2
1
2.5
Composition
12 - 2 Story
1889
None
None
Pillar/Post/Pier
Features and Utilities
Dishwasher(s), Microwave(s), Refrigerator(s)
Concrete, Dining Room, Laminate, Water Heater
Wood Products
Public
Sewer Connected
Financial
6265
Cash Out, Conventional, Rehab Loan
06-11-2025
Comparable Information
11
11
Cash Out, Conventional, Rehab Loan
$985,000
$985,000
Jun 22, 2025 20:25
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
GREAT DOWNTOWN OPERATING INN and RESTAURANT... Incredible opportunity to own and operate a fine dining restaurant with a 3 room boutique hotel with separate detached 1 bedroom cottage in historic Coupeville. Inn at Penn Cove has two second level furnished rooms with private baths, 1 furnished patio deck room with bath, and detached furnished 1 bedroom cottage with kitchen and bath. Operate restaurant, live in cottage and rent out 3 guest rooms for additional income. Property needs some tender loving care. Buyer to confirm with City Planner and other municipals if there is a potential to create a binding condominium site plan for Historic Inn and Historic Doctor’s cottage for the potential to create two separate sellable properties.
