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  • Listed by: 

    Nicole Blasucci,

    Coldwell Banker Best Homes

    $1,650,000

    702 Water Street #1-3, Port Townsend, WA 98368

    4beds
    3baths
    5,760sqft
    : 
    Triplex
    Built in 1884
    -- sqft lot
    $1,559,800 Zestimate®
    $286/sqft
    $-- HOA

    What's special

    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.
    26 days
    on Zillow
    |
    2,036
    |
    138
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 19, 2025 at 02:26am

    Listed by:

    Nicole Blasucci,

    Coldwell Banker Best Homes

    Source: NWMLS,MLS#: 2402933MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 702 Water Street #1-3.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Hot Water Recirc Pump, Electric, Oil
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 5,760
    • Total interior livable area: 5,760 sqft

    Property

    Parking
    • Total spaces: 1
    • Covered spaces: 1
    Features
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    Lot
    • Size: 3,484.8 Square Feet
    • Features: Corner Lot, Paved, Sidewalk
    Details
    • Parcel number: 989704201
    • Zoning description: Residential,Retail,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Stone
    • Roof: Torch Down
    Condition
    • Year built: 1884
    • Major remodel year: 1884

    Utilities & green energy

    • Electric: Company: PUD
    • Sewer: Sewer Connected, Company: City of Port Townsend
    • Water: Public, Company: City of Port Townsend
    • Utilities for property: Astound

    Community & HOA

    Community
    • Subdivision: Downtown
    Location
    • Region: Pt Townsend

    Financial & listing details

    • Price per square foot: $286/sqft
    • Annual tax amount: $8,094
    • Date on market: 7/11/2025
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 26 days
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