For Sale
$465,000

940 Washington St Port Townsend, WA 98368

Prime location, 1311 sq ft, $465,000

Overview

Added:
Dec 11, 2024
Days on market:
137
This 1,311 square foot retail space at 940 Washington Street in Port Townsend, Washington, presents a compelling investment opportunity. Located in the desirable Fountain District, just one block from Water Street (the city's main thoroughfare), this property boasts high visibility and foot traffic. The building features 50 feet of street frontage, two entry doors, and two bathrooms, making it easily divisible for two separate businesses. Built in 1958, the two-story structure sits on a 0.11-acre lot (APN 989705706) and is zoned for commercial use. Included with the sale are site drawings and preliminary reports detailing the potential for a second-story expansion, which could accommodate two apartments. This presents a unique opportunity to either immediately occupy the space with your business or capitalize on the expansion potential to increase revenue streams. The asking price has been reduced, making this an even more attractive proposition for discerning investors. The property's prime location and versatile layout offer significant upside potential.

Highlights

  • Reduced price! Prime downtown Port Townsend location, one block from Water Street.
  • 50-foot frontage with two entry doors and two bathrooms.
  • Easily divisible for two separate businesses.
  • Potential for second-story expansion with two apartments; site drawings and preliminary reports available.

Property Details for 940 Washington St

Property type
Retail properties
Square Feet
1,311 SF
Year Built
1958
Stories
2
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Port Townsend
County
Jefferson
State
Washington
Latitude
48.1148617
Longitude
-122.7580689

FAQs

What type of property is this?
Retail property - Prime location, 1311 sq ft, $465,000
Where is the retail property located?
The property is located at 940 Washington St Port Townsend, WA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Reduced price! Prime downtown Port Townsend location, one block from Water Street.; 50-foot frontage with two entry doors and two bathrooms.; Easily divisible for two separate businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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940 Washington St
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