702 Water Street 1-3 Port Townsend, WA 98368
Listing Courtesy of: MLS LogoNorthwest MLS / Coldwell Banker Best Homes / Nicole Blasucci

  702 Water Street 1-3 Port Townsend, WA 98368

Active (8 Days)
$1,650,000

Description

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.

MLS #:
2402933
Taxes
$8,094(2025)
Lot Size
3,485 SQFT
Type
Multifamily
Year Built
1884
Style
Tri-Plex
Views
Bay
School District
Port Townsend #50
County
Jefferson County
Community
Downtown

Listed By

Nicole Blasucci, Coldwell Banker Best Homes
Source
Northwest MLS as distributed by MLS Grid
Last checked Jul 19 2025 at 4:07 PM GMT+0000
Bathroom Details
Subdivision
  • Downtown
Lot Information
  • Corner Lot
  • Paved
  • Sidewalk
Property Features
  • Fireplace: 0
Heating and Cooling
  • Hot Water Recirc Pump
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Stone
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Oil
School Information
  • Elementary School: Salish Coast Elementary
  • Middle School: Blue Heron Mid
  • High School: Port Townsend High
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 7/19/25 09:07. All data is obtained from various sources and may not have been verified by 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.