702 Water Street #1-3, Port Townsend, Washington 98368

WA, Port Townsend
$1,650,000
  • 0.08 Acre
  • Commercial Sale Property Type
  • 1884 Year Built
  • Closed Status
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.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2402930
  • Price: $1,650,000
  • Year Built: 1884
  • Lot Area: 0.08 Acre
  • Status: Closed
  • Office Name: Coldwell Banker Best Homes
  • Agent Name: Nicole Blasucci
  • Property Sub Type: Commercial Industrial
  • Roof: Torch Down
Features
  • Heating System Hot Water Recirc Pump
  • Cooling System None
  • Exterior Features Stone
  • Flooring Carpet, Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Jefferson
  • City Port Townsend
  • Zipcode 98368
  • Street: Water
  • Street Number: 702
  • Street Suffix: Street
  • Longitude: W123° 14' 42.5''
  • Latitude: N48° 6' 55.4''
  • Directions: East on Water St., property sits at the corner of Water St. & Quincy.
  • Mls Area Major: 480 - Port Townsend
  • Unit Number: 1-3
Additional Information
  • Water Source: Public
  • Possible Use: Residential,Retail
  • On Market Date: 2025-07-09
  • Construction Materials: Stone
Financial
  • Tax Annual Amount: 8094
Listing Information
  • List Agent Mls Id: 123170
  • List Office Mls Id: 3352
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-12-01T12:04:46Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-10-31T17:52:41Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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