820--824 Water St $1,075,000

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    820--824 Water St Port Townsend, WA 98368

    • 0.07 Acres
    • Commercial/Industrial
    Listing# 1264654 | Active

    $1,075,000

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    Days On Market: 295 41 Views
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    Property Details

    Historic Building with excellent income on Water St in Port Townsend! Top floor is an amazing apartment, 1800 sq. ft/ 2-3 bedrooms/1 1/2 Baths, central hallway with huge skylight, 14 ft. ceilings, Water Views too! Large Deck w/stairs to parking in back. Mezzanine has 5 flexible rooms for office, gallery or studio. Retail on the first floor for the last 30 + years! Lowest level is 12 storage spaces. Fully occupied with great rental history. Fantastic!

    • General Features
      • County Jefferson
      • Zoning Class Commercial, Office, Residential, Retail
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 5,616
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 3
      • Total Covered Parking 0
      • Lot Dimensions 26 X 110
    • Building Features
      • Exterior Brick, Metal/Vinyl, Stone, Wood
      • Foundation Poured Concrete
      • Roof Torch Down
      • Floor Covering Ceramic Tile, Fir/Softwood, Vinyl, Wall-to-Wall Carpet
      • Features Sprinklered, Storage
      • Heating and Cooling Forced Air, Stove/Free Standing, Wall
      • Ceiling Height 7.5-14
      • Loading 1-3 Bays
    • Property Features
      • Lot Square Footage 2,860
      • Depth of Lot 100
      • Site Frontage 26
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 1413
      • Sewer Sewer Connected
      • Sewer Company City of Port Townsend
      • Energy Source Electric, Wood
      • Power Company Jeff Co. PUD # 1
      • Number of Available Pads 0
      • Pad Ready N
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 5,400
      • Total Monthly Rent $6,525
      • Gross Rent Multiplier 13
      • Cap Rate -NOI div LP 6
      • Gross Scheduled Income $78,299
      • Gross Adjusted Income $78,299
      • Total Expenses $15,832
      • NOI $62,467
      • Electrical Expenses $4,659
      • Tax Expense $6,010
      • Heating Expense $0
      • Insurance Expense $1,947
      • Annual Assoc. Dues $0
      • Other Expenses $1,803
      • Tax Year 2017

    Contact

    Kevin Burgler

    Broker

    Coldwell Banker Best Homes

    Cell: 360-301-4088

    Neighborhood

    98368 (Port Townsend) Demographics

    57Median Age
    291Population Density (per sq. mile)
    56%College Educated
    $48,738Estimated Median Income
    4,955Estimated Total Home Owners
    2,204Estimated Total Renters
    69% / 31%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    15,478Total Population

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    10 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,075,000
        11/29/2018 10:31:23 AM Status Changed Source New Value: Active
        9/24/2018 9:41:36 AM Status Changed Source New Value: Pending Feasibility
        7/26/2018 12:33:51 PM Status Changed Source New Value: Active
        3/27/2018 1:54:00 PM New in Database Source

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        This property search is part of the Coldwell Banker Best Homes website. Listing information is courtesy of the WA-NWMLS and Coldwell Banker Best Homes. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.