Port Townsend, WA 98368,702 Water ST #1-3
Listed by Coldwell Banker Best Homes Nicole Blasucci 
Bought with Bell Tower Brokers
$1,575,000
$1,650,000
4.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3,485 Sqft Lot

702 Water ST #1-3 Port Townsend, WA 98368

Est. payment /mo
SOLD DATE : 10/31/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,575,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2402930

Style 75 - Retail

Year Built 1884

Annual Tax Amount $8,094

Lot Size 3,485 Sqft

Property Sub-Type Commercial Industrial

Property Description

Iconic architecture and timeless stonework define this historic mixed-use building in the heart of Port Townsend. Situated on a prominent corner lot on Water Street, surrounded by other local businesses, cafes & boutiques, ensuring a steady flow of foot traffic. This property offers 2,000 sq ft of retail space—currently operating as one retail space but easily divisible into two distinct units. Above, you'll find 3 spacious apartments featuring 12-foot ceilings, with unit #1 offering peek-a-boo views of Port Townsend Bay. Additional features include a heated basement and a one-car garage. A rare investment opportunity blending history, character, and versatility.

Location

State WA

County Jefferson

Area 480 - Port Townsend

Interior

Flooring Vinyl, Carpet

Exterior

Exterior Feature Stone

Roof Type Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Read Less


Northwest MLS (NWMLS)

GET MORE INFORMATION

Bob Papke

Bob Papke

Broker | License ID: 98412

+1(206) 890-5124

Name
Phone*
Message