Commercial

Port Townsend, WA Commercial Land for Sale

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Port Hadlock, WA Port Ludlow, WA Coupeville, WA Greenbank, WA Sequim, WA Oak Harbor, WA Freeland, WA Chimacum, WA
Commercial Lot Near Waterfront
Updated: Aug 12, 2025
Commercial Lot Near Waterfront

7-xxx Water Street, Port Townsend, WA 98368

$550,000
5,227 SF vacant commercial lot
Paved site in Port Townsend’s historic district
One block from the waterfront
Near the ferry dock, shops, dining, galleries, and marina
Flexible commercial zoning
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Port Townsend, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Adjoining Land Lots with Utilities
Adjoining Land Lots with Utilities

955 & 965 N 5th Avenue, Sequim, WA 98382

$285,000
0.41 AC lot

Two adjoining lots with city sewer, water, and PUD power on site, supported by flexible zoning.

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Commercial Land with Existing Residence
Commercial Land with Existing Residence

781 Irondale Rd, Port Hadlock, WA 98339

$325,000

Convenience Crossroad zoning supports varied commercial uses alongside an existing two-bedroom residence suitable for renovation.

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Commercial Land with Existing Lease
Commercial Land with Existing Lease

190 Masonic Hall Road North, Port Hadlock, WA 98339

$150,000

Commercial land with a viable business and existing lease.

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Land
Land

955 N 5th Avenue, Sequim, WA 98382

$285,000

Residential land & home lots

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Port Townsend, WA Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in Port Townsend, WA on our real estate platform.

Sale prices for commercial lots in Port Townsend, WA average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 35
Waterfront Land 4
Commercial land 1

Demographics Overview

Population 17K
Population Growth (5Y) +9.8%
Median Household Income $67,061
College Educated 73.0%

High-Yield Neighborhoods for Investment

Identify Port Townsend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98368 $550K

Taxes & Financing

Tax Rate (average for all types) 0.86%
Property Tax per SF $7.05 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

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