1020 Water Street, Port Townsend, Washington 98368

WA, Port Townsend
$1,500,000
  • 0.07 Acre
  • Commercial Sale Property Type
  • 1889 Year Built
  • Closed Status
Property Description

Victorian splendor! This is an opportunity to own a piece of Historic Port Townsend. Initially, this exceptional building was originally the State Bank of Washington. It is centrally located in the downtown Business District. Offering retail space on the ground floor and residential apartments on the 2nd and 3rd floors, some of which have views of Port Townsend Bay and the Cascade Mountains. The penthouse is very well-appointed, featuring a grand fireplace and an easy-to-use kitchen. The building was extensively remodeled 10 years ago with updated electrical, plumbing & windows. The main floor retail space has a ductless heat pump.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2376031
  • Price: $1,500,000
  • Year Built: 1889
  • Lot Area: 0.07 Acre
  • Status: Closed
  • Office Name: John L. Scott Port Townsend
  • Agent Name: Michael Morrow
  • Property Sub Type: Commercial Industrial
  • Roof: Flat
Features
  • Heating System Baseboard
  • Exterior Features Brick
  • Flooring Softwood
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Jefferson
  • City Port Townsend
  • Zipcode 98368
  • Street: Water
  • Street Number: 1020
  • Street Suffix: Street
  • Longitude: W123° 14' 30.5''
  • Latitude: N48° 6' 50.4''
  • Directions: Follow State route 20 onto Water St. to destination
  • Mls Area Major: 480 - Port Townsend
Additional Information
  • Lot Size Dimensions: 27'x110'x27'x110'
  • Water Source: Public
  • Possible Use: Commercial
  • On Market Date: 2025-05-15
  • Number Of Units Total: 5
  • Foundation Details: Block
  • Construction Materials: Brick
Financial
  • Tax Annual Amount: 9772
Listing Information
  • List Agent Mls Id: 110164
  • List Office Mls Id: 7909
  • Listing Term: Cash,Conventional,Owner Will Carry
  • Mls Status: Sold
  • Modification Timestamp: 2026-04-06T22:50:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-06T22:48:18Z
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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