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.
Active
Listed by:
Nicole Blasucci,
Coldwell Banker Best Homes
$1,650,000
702 Water Street #1-3, Port Townsend, WA 98368
4beds
3baths
5,760sqft
Est.:
Triplex
Built in 1884
-- sqft lot
$1,559,800 Zestimate®
$286/sqft
$-- HOA
What's special
- 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#: 2402933

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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