$3,250,000
Active
421 Days Online
0 Beds0 Baths0 SQFT
Active

203 N Otto Street Port Townsend, WA 98368

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No Development needed! ROI starts at closing with a solid 7% Cap. rate 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.

  • Property TypeCommercial
  • NeighborhoodGlen Cove
  • CountyJefferson
  • Taxes$13,630
  • HOA/Condo/Coop Fees$0
  • Days on Site420 Days
  • MLS StatusActive
  • MLS ID Number2154027
  • Home Size Source N/A
  • Year Built2005
  • Lot Size2.4 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Sewer Septic Tank
  • Acreage 2.4
  • Water Public
  • Parking Total 0

Interior Features

  • Cooling Heat Pump
  • Heating Heat PumpRadiator
  • Flooring Concrete
  • Interior Concrete
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Exterior Metal/ VinylMetal/Vinyl

Community Features

  • Association Dues 0
  • Senior Community No
  • MLS Area 482 - South Port Townsend

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Monthly Payment (Est.)

$16,331
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