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$3,250,000
434 Days Online

203 N Otto Street
Port Townsend, WA 98368

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
2005
Built
Subdivision:
Glen Cove
County:
Jefferson
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Courtesy of NWMLS
Listing courtesy of Terry McHugh of RE/MAX FIRST Inc Port Townsend

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(360) 507-3775
203 N Otto Street203 N Otto Street203 N Otto Street203 N Otto Street
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No Development needed! ROI starts at closing with a solid 7% Cap. rate in Port Townsend! - 5 buildings totaling 27,624 sqft., rentable, 3 full size loading docks, 3 tax parcels, 11 tenants all on 2.4 ~ acs. Fully leased with a long history of 100% occupancy, 5 minutes from downtown Port Townsend. Price per Building SF= $117. 65 Each building is in excellent condition with NO deferred maintenance. A diverse eclectic group of tenants make for great business park that's very manageable. This is a great investment opportunity in a happening small city on the North Olympic Peninsula.

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Listing Snapshot
Price 
$3,250,000
Days Online 
434 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.4 Acres
Year Built 
2005
MLS® Number 
2154027
Status 
Active
Property Tax 
$13,630
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Friends & Family
Recent Activity
7 months agoStatus changed to Active
a year agoListing first seen online
a year agoListing updated with changes from the MLS®
General Features
Acres 
2.4
Additional Property Use 
CommercialIndustrial
Buyer Agent Compensation 
2.5
Property Sub Type 
Industrial
Sewer 
Septic Tank
Water Source 
Public
Interior Features
Cooling 
Heat Pump
Flooring 
Concrete
Heating 
ElectricHeat Pump
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Exterior Features
Construction Details 
Vinyl SidingMetal Siding
Lot Features 
LevelSloped
Community Features
Financing Terms Available 
Conventional
MLS Area 
482 - South Port Townsend
Courtesy of NWMLS
Listing courtesy of Terry McHugh of RE/MAX FIRST Inc Port Townsend



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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