We study the effect of substrate induced strain on the structural, transport, optical and electronic properties of Sr2CoNbO6 double perovskite thin films. The reciprocal space mapping, φ-scan and high-resolution θ-2θ scans of x-ray diffraction patterns suggest the epitaxial nature and high-quality of the films deposited on various single crystal ceramic substrates. A systematic enhancement in the dc electronic conductivity is observed with increase in the compressive strain, while a sharp reduction in case of tensile strain, which are further supported by change in the activation energy and density of states near the Fermi level. The optical band gap extracted from two distinct absorption bands, observed in the visible-near infrared spectroscopy show a non-monotonic behavior in case of compressive strain while significant enhancement with tensile strain. Unlike the bulk Sr2CoNbO6 (Co 3+ and Nb 5+ ), we observe different valence states of Co namely 2+, 3+ and 4+, and tetravalent Nb (4d 1 ) in the x-ray photoemission spectroscopy measurements. Moreover, a reduction in the average oxygen valency with the compressive strain due to enhancement in the covalent character of Co/Nb-O bond is evident. Interestingly, we observe sharp Raman active modes in these thin films, which indicates a significant enhancement in structural ordering as compared to the bulk.