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High-Bay Industrial and Office
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231 Otto St, Port Townsend, WA 98368

High-bay industrial and office space with heavy power and roll-up grade level doors.

Property Size12,547 SF
Price / SF$146.57
Days on Market166

Property Features for 231 Otto St

General Information

Standard status Active
Size 12,547 SF
Property subtype INDUSTRIAL

Additional Details

Heavy Power Yes
Listing Agency: Cadwell Real Estate
Listed By: Rick Cadwell
Source: Moodyscre
Added: Feb 24 Changed: Aug 8 Last Checked: Aug 9 at 4:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cadwell Real Estate

Investment Insights

Based on property information with market context.

This property offers approximately 12,547 SF of high-bay industrial space together with office area. Improvements include a new roof and heavy power, and the warehouse portion features high bay grade level roll-up doors.

The building is located on the outskirts of Port Townsend, WA. A temporary tenant is in place; please do not disturb. For showing instructions, contact the listing broker, and note that the buyer should confirm all square footages.

The offering combines warehouse utility with on-site office space, supporting flexible industrial operations that require both high-bay clearance and workplace space.

Key Highlights

  • 12,547 SF high‑bay industrial and office space on the outskirts of Port Townsend
  • New roof
  • Heavy power available

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Building Supply Catering Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98368, WA

16,567
Population
9,739
Households
1.7
Avg Household Size
61
Median Age
51%
College-Educated
97%
High-School Grad
52.3 sq mi
ZIP Area
317
Density / Sq Mi
$67,061
Median Household Income
$36,686
Median Earnings
$1,349
Median Rent
$511,900
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • In-Season Catering 274 Otto St # D, Port Townsend, WA 98368

Frequently Asked Questions

What type of property is this?
Flex space - High-bay industrial and office space with heavy power and roll-up grade level doors.
Where is this flex space located?
The property is located at 231 Otto St Port Townsend, WA.
What is the asking price?
The asking price for this property is $1,839,000.
What are key features of this property?
This property features: 12,547 SF high‑bay industrial and office space on the outskirts of Port Townsend; New roof; Heavy power available
(360) 865-1818 Call to check price and availability
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