A Rare Opportunity: The Iconic Doupe Building Hits the Market in Ilwaco, Washington

The iconic Doupe Building in Ilwaco, Washington, is officially on the market. This historic downtown landmark offers approximately 18,000 square feet of mixed-use potential, presenting a rare opportunity for investors, developers, and visionaries to acquire a property with both legacy and growth potential in a coastal community.

Historic Character With Modern Potential

Built in the late 1800s, the Doupe Building is a cornerstone of Ilwaco’s maritime and commercial history. Its historic architecture and central location create a standout presence, while the property’s scale and flexibility provide significant potential for redevelopment and income generation.

Immediate Income and Value-Add Opportunity

The property already produces income through one fully renovated luxury apartment and an operating commercial space. This cash flow offers stability while investors plan their next steps.

Zoned for mixed-use, the property features roughly 10,000 square feet of commercial space, suitable for retail, professional services, hospitality, or other business tenants. Upstairs, there is potential to add up to seven additional apartments. The main level can also be reconfigured to include multiple commercial suites, allowing for diverse income streams and long-term growth.

Major Capital Improvements Completed

The Doupe Building has already undergone significant system upgrades, including a new roof, skylights, fire-suppression system, and water mains. These improvements reduce near-term capital expenses and accelerate redevelopment timelines, making the property even more attractive to investors.

A Coastal Market on the Rise

Ilwaco is increasingly recognized for its combination of maritime history, tourism, outdoor recreation, and a thriving small-business community. As the gateway to the Long Beach Peninsula, it benefits from year-round visitor traffic and growing demand for unique commercial and residential spaces. Large mixed-use properties like the Doupe Building are extremely rare, making this an exceptional opportunity for investors seeking both immediate cash flow and long-term appreciation.

Motivated Seller and Flexible Terms

The seller is motivated and open to creative financing, partnerships, and nontraditional deal structures. This flexibility creates additional opportunities for investors to maximize the property’s potential.

Learn More or Schedule a Tour

For buyers looking for a historic property with income, redevelopment potential, and flexible use, the Doupe Building offers a unique opportunity on the Washington Coast.

Listed by:Doug Knutzen and Kaylin Culver Long Beach Property | Realty One Group Pacifica

Call for details 360.244.2720