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$1,650,000
7 Days On Site

702 Water Street 1-3
Port Townsend, WA 98368

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,760
SqFt
$286
/SqFt
1884
Built
Cumulative Days On Market:
7
Subdivision:
Downtown
County:
Jefferson
Courtesy of NWMLS
Listing courtesy of Nicole Blasucci of Coldwell Banker Best Homes
Call Now: (360) 507-3775
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(360) 507-3775
702 Water Street 1-3702 Water Street 1-3702 Water Street 1-3702 Water Street 1-3
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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.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,760 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1884
MLS® Number 
2402933
Status 
Active
Property Tax 
$8,094
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Active
a week agoListing first seen on site
General Features
Acres 
0.08
Additional Property Use 
ResidentialRetail
Number Of Stories 
2
Parking Spaces 
1
Property Sub Type 
Multi Family
SqFt Total 
5760
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
Residential,Retail
Interior Features
Flooring 
VinylCarpet
Heating 
ElectricOil
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Exterior Features
Construction Details 
Stone
Lot Features 
Corner LotPaved
View 
Bay
Waterview 
Bay
Community Features
Financing Terms Available 
Conventional
MLS Area 
480 - Port Townsend
School District 
Port Townsend #50
Schools
School District
Port Townsend #50
Elementary School
Salish Coast Elementary
Middle School
Blue Heron Mid
High School
Port Townsend High
Courtesy of NWMLS
Listing courtesy of Nicole Blasucci of Coldwell Banker Best Homes



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 2025, 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.
Last checked: 2025-07-16 01:12 AM PDT

Neighborhood & Commute
Source: Walkscore
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