WA > Port Townsend > Glen Cove
Port Townsend, WA 98368,203 N Otto ST
Listed by RE/MAX FIRST Inc Port Townsend
Bought with ZNonMember-Office-MLS
$3,000,000
$3,250,000 7.7%
Est. payment /mo
2.4 Acres Lot
Sold on 07/25/2025

203 N Otto ST Port Townsend, WA 98368

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DJ Gee
DJ Gee

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Key Details

Sold Price $3,000,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Glen Cove

MLS Listing ID 2154027

Style 71 - Light Indrl.

Year Built 2005

Annual Tax Amount $13,630

Lot Size 2.400 Acres

Property Sub-Type Commercial Industrial

Property Description

No Development needed! ROI starts at closing with a solid, steady return 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.

Location

State WA

County Jefferson

Area 482 - South Port Townsend

Interior

Flooring Concrete

Exterior

Exterior Feature Metal/Vinyl

Building

Sewer Septic Tank

Water Public

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

DJ Gee

+1(253) 363-0413

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203 N Otto ST

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