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For Sale33 Days
$3,250,000

203 Otto Street
Port Townsend, WA 98368

Commercial For Sale
2.40 Acre Lot
    • 1of9
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    RE/MAX FIRST Inc Port Townsend

    Provided by Northwest Multiple Listing Service, 2024.

    Description for 203 Otto Street, Port Townsend, WA 98368

    For Sale> Jefferson> Port Townsend> 98368

    No Development needed! ROI starts at closing with a solid 7% Cap. rate 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.

    Property Details

    Listing Details
    For Sale
    Commercial
    Commercial Industrial
    None
    For Sale
    NWM2154027
    $3,250,000
    11/13/2024
    2005
    $3,250,000
    $3,250,000
    NWM26127
    Single Family
    Location Information
    US
    WA
    Jefferson
    Port Townsend
    98368
    Otto
    203
    Street
    W123° 11' 4.9''
    N48° 5' 28.9''
    203 N Otto Street , Port Townsend, WA 98368
    482 - South Port Townsend
    N
    Interior Features
    Concrete
    Marble Counters
    Exterior Features
    No
    No
    Metal/vinyl
    Land Info
    2.40 Acre
    Nw
    986701902
    Monthly
    Utilities
    Heat Pump,Radiator
    Heat Pump
    Septic Tank
    HOA Info
    Monthly
    No
    Rental Info
    Monthly
    Tax Info
    $13,630
    2022
    Listing Information
    RE/MAX FIRST Inc Port Townsend
    Terry McHugh
    445
    NWM9548
    Nwmls
    $3,250,000
    11/13/2024 17:58:19
    Poured Concrete
    Industrial
    Glen Cove
    Public

    Price History

    Source: MLS
    DateEventPriceSource
    2024-11-13For Sale$3,250,000MLS
    Get Price Alert

    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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