1020 Water Street, Port Townsend, WA 98368

$1,350,000

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Listing Broker: John L. Scott Port Townsend; Michael Morrow; ; Selling Office: Windermere R.E. Port Townsend.

Sold Price
$1,350,000
List Price
$1,500,000
Status
SOLD
MLS#
2376031
Closing Date
Apr 06, 2026
Days on Market
624
Annual Tax Ammount
9772
Internet Provider
Astound

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.

Additional Information

Community
Downtown
Building Condition
Restored
Style
60 - Comm Bldg Und 10K
Year Built
1889
Roof
Flat
Tax Year
2024
Potential Terms
Cash, Conventional, Owner Will Carry
Flooring
Softwood
Driving Directions
Follow State route 20 onto Water St. to destination
Energy Source
Electric
Gross Scheduled Income
$100,032
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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