PROPERTIES FOR SALE

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

NWMLS Courtesy of Coldwell Banker Best Homes
702 Water Street #1-3
Port Townsend, WA 98368
$1,650,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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.

Property Features

Community: Downtown
Tri-plex
View: Bay
Exterior: Stone
Roof: Torch Down
Year Built: 1884
2025 Taxes: $8094.00
Buyer Broker Compensation: 2.5%
Listing #: 2402933

Lot Details

Lot Size: 0.08 acres
Corner Lot
Paved
Sidewalk
No. of Units: 3

Interior

Cooling: None
Heating: Hot Water Recirc Pump
Electric
Oil

Common Features

Basement

Schools

District: Port Townsend #50
Elem: Salish Coast Elementary
Middle: Blue Heron Mid
High: Port Townsend High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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