203 N Otto , Port Townsend, WA 98368

WA, Port Townsend
$3,250,000
  • 2.40 Acre
  • Commercial Sale Property Type
  • 2005 Year Built
  • Closed Status
Property Description

No Development needed! ROI starts at closing with a solid, steady return in Port Townsend! – 5 buildings totaling 27,624 sqft., rentable, 3 full size loading docks, 3 tax parcels, 11 tenants all on 2.4 ~ acs. Fully leased with a long history of 100% occupancy, 5 minutes from downtown Port Townsend. Price per Building SF= $117. 65 Each building is in excellent condition with NO deferred maintenance. A diverse eclectic group of tenants make for great business park that’s very manageable. This is a great investment opportunity in a happening small city on the North Olympic Peninsula.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2154027
  • Price: $3,250,000
  • Year Built: 2005
  • Lot Area: 2.40 Acre
  • Status: Closed
  • Office Name: RE/MAX FIRST Inc Port Townsend
  • Agent Name: Terry McHugh
  • Property Sub Type: Commercial Industrial
Features
  • Heating System Heat Pump, Radiator
  • Cooling System Heat Pump
  • Exterior Features Metal/Vinyl
  • Flooring Concrete
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County Jefferson
  • City Port Townsend
  • Zipcode 98368
  • Street: Otto
  • Street Number: 203
  • Street Suffix: Street
  • Longitude: W123° 11' 4.9''
  • Latitude: N48° 5' 28.9''
  • Directions: SR 20 to E. Fredericks left on Otto St. N property on Left side - look for address plates.
  • Mls Area Major: 482 - South Port Townsend
  • Street Dir Prefix: N
Additional Information
  • Water Source: Public
  • Possible Use: Commercial,Industrial
  • On Market Date: 2023-08-23
  • Foundation Details: Poured Concrete
  • Construction Materials: Metal/Vinyl
Financial
  • Tax Annual Amount: 13630
Listing Information
  • List Agent Mls Id: 26127
  • List Office Mls Id: 9548
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-08-25T11:01:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-07-26T01:34:06Z
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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