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

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Listing Broker: Coldwell Banker Best Homes; Nicole Blasucci; ; Selling Office: Bell Tower Brokers.

Sold Price
$1,575,000
List Price
$1,650,000
Status
SOLD
MLS#
2402930
Closing Date
Oct 31, 2025
Days on Market
61
Annual Tax Ammount
8094
Internet Provider
Astound

Property Description

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.

Additional Information

Community
Downtown
Building Condition
Good
Style
75 - Retail
Year Built
1884
# of Assigned Spaces
1
Roof
Torch Down
Potential Terms
Cash Out, Conventional
Flooring
Vinyl, Carpet
Driving Directions
East on Water St., property sits at the corner of Water St. & Quincy.
Energy Source
Electric, Oil
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