1136 Water $1,250,000

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    1136 Water Port Townsend, WA 98368

    • 0.28 Acres
    • Commercial/Industrial
    Listing# 1464419 | Active
    Days On Market: 198 35 Views
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    Property Details

    Rare investment opportunity in downtown Port Townsend. This complex is over 6500 sf. Configured with 14 large offices and shared-use conference room thats outfitted with conference table, chairs and WI-FI equipment. Occupancy rate is has been in the 90%+, with leases into 2020. This building is in excellent condition with new carpet, entry tile and freshly painted corridor in 2014. Newer heat pumps, plus radiator heat. Both private and public parking nearby.

    • General Features
      • County Jefferson
      • Approx Building SqFt 7,793
      • Approx Office SqFt 7,793
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Commercial
      • Lot Dimensions 110x110
      • Selling Office Commission 2.5
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 0
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Brick, Cement/Concrete, Wood
      • Foundation Poured Concrete
      • Roof Flat
      • Floor Covering Ceramic Tile, Vinyl, Wall-to-Wall Carpet
      • Features Storage
      • Heating and Cooling Forced Air, Heat Pump, Radiator
    • Property Features
      • Depth of Lot 110
      • Site Frontage 110
      • Expansion Area N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Available
      • Sewer Company City of PT
      • Energy Source Electric, Oil
      • Power Company PUD #1
      • Number of Available Pads 0
      • Lot Square Footage 12,100
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $8,173
      • Heating Expense $0
      • Insurance Expense $0
      • Other Expenses $0
      • Tax Year 2017
      • Annual Assoc. Dues $0

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    Neighborhood

    98368 (Port Townsend) Demographics

    57 Median Age
    291 Population Density (per sq. mile)
    56% College Educated
    $48,738 Estimated Median Income
    4,955 Estimated Total Home Owners
    2,204 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    15,478 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $460,000 Median Sales Price
    18 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,250,000
        5/28/2019 9:31:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.