627 Water St $525,000

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    627 Water St Port Townsend, WA 98368

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    Listing# 1415922 | Pending Feasibility
    Days On Market: 235 8 Views
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    Property Details

    A rare opportunity to own one of Port Townsend’s most iconic businesses, Elevated Ice Cream Co. 41 years of rich history paired with homemade ice cream, sherbet & Italian Ices, Elevated is a refreshingly modern old-fashioned Ice Cream Parlor and Candy Shop. A staple in PT’s waterfront district, an employer to many & a gathering place for locals.

    • General Features
      • County Jefferson
      • Commercial Category BusinessOpportunity
      • Business Type Ice Cream & Candy Shop
      • Franchise N
      • Major Type of Business Food and Beverage
      • Number of Employees 0
      • Year Established 1977
    • Property Features
      • Location See Remarks
      • Lot Square Footage 6,136
      • Total Covered Parking 0
      • Total Uncovered Parking 0
    • Financials
      • Annual Gross Sales $911,000
      • Annual Rent $36,000
      • Annual Expenses $706,000
      • Inventory $0
      • Net Proceeds $169,000

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    Neighborhood

    98368 (Port Townsend) Demographics

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

    Market Last 30 Days

    $458,500 Median Sales Price
    28 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: $525,000
        9/5/2019 2:11:38 PM Status Changed Source New Value: Pending Feasibility
        2/26/2019 4:21:00 PM 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.