This research synthesizes novel copolyester (PCITN) containing biobased isosorbide, 1,4-cyclohexandimethanol, terephthalic acid, and 2,6-naphthalene dicarboxylic acid and characterize its properties. The PCITN copolyester was extruded into film, and its performance properties including: tensile strength, Young’s modulus, thermal, dimensional stability, barrier (water barrier), and optical (birefringence and transmittance) were analyzed after uniaxial stretching. The films have higher Tg, Tm, dimensional stability, and mechanical properties than other polyester-type polymers, and these performance properties are significantly increased with increasing stretching. This is due to the increased orientation of molecular chains inside the films, which was confirmed by differential scanning calorimetry (DSC), X-ray diffraction (XRD), and birefringence results. Good water barrier (0.54%) and lower birefringence (△n: 0.09) of PCITN film compared to poly(ethylene terephthalate) (PET), poly(ethylene 2,6-naphthalate) (PEN), and polyimide (PI) films, used as conventional substrate materials for optical devices, make it an ideal candidate as performance material for next-generation flexible devices.