Commercial

Port Townsend, WA Commercial Land for Sale

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Port Townsend Mixed-Use Development Land
Updated: Mar 21
Port Townsend Mixed-Use Development Land

2740 Discovery Road, Port Townsend, WA 98368

$285,000
1.12 AC lot
Acre+ property in rapidly growing Port Townsend.
Zoned C‑II/MU - Community Mixed Use Center, allowing for diverse commercial uses and residential development.
Potential for high‑density multifamily residential units (up to 100 units per 40,000 sq ft area).
Zoned for light manufacturing.
Water and electric are on‑site.
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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.

Corner Lot in Mixed-Use Business Park
Corner Lot in Mixed-Use Business Park

999 S Brown Rd, Sequim, WA 98382

$159,000
0.36 AC lot

Cleared corner lot with City utilities available and entitlement work supporting an eight-room hotel/motel concept.

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Mixed-Use Corner Development Lot
Mixed-Use Corner Development Lot

999 South Brown Road, Sequim, WA 98382

$159,000

Cleared corner lot in CMU zoning with power, water, and sewer available, plus preliminary plans for an eight-unit hotel.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

712 Ness Corner Road, Port Hadlock, WA 98339

$180,000

Commercially zoned land with frontage along Highway 116 and Ness Corner Road, with power and water available at the road.

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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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Port Townsend, WA Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in Port Townsend, WA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $285,000.

Sale prices for commercial lots in Port Townsend, WA start at $285,000, averaging $285,000, and reaching up to $285,000 — 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 8
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 $438K

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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