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Port Townsend, WA

Mixed-Use

Port Townsend, WA Mixed-use Properties 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

Historic Mixed-Use Building For Sale

Updated: May 15, 2025

Historic Mixed-Use Building For Sale

1020 Water Street, Port Townsend, WA 98368

$1,500,000

Historic building: Originally the State Bank of Washington.
Mixed‑use property: Retail space on the ground floor and residential apartments on the upper floors.
Central downtown location: Situated in the heart of the Business District.
Penthouse apartment: Well‑appointed with a grand fireplace and easy‑to‑use kitchen.
Updated infrastructure: Extensively remodeled 10 years ago with updated electrical, plumbing, and windows.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 1 Active listings in Port Townsend, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Downtown Langley Landmark Building

Downtown Langley Landmark Building

105 1ST, Langley, WA 98260

$2,495,000

8,620 sqft

Updated commercial property with strong tenants and high cap rate.

Mixed-Use Property with Commercial Kitchen

Mixed-Use Property with Commercial Kitchen

921 E Hammond St, Sequim, WA 98382

$1,399,000

Flexible community-oriented facility with offices, meeting rooms, dining space, and multiple points of entry.

Creative Mixed-Use Property

Creative Mixed-Use Property

3230 Lake Leo Way, Langley, WA 98260

$880,000

Industrial-zoned live-work setting with studio, gallery, office, apartment, detached studios, and heavy-equipment power.

Mixed-Use Restaurant and Lodging Property

Mixed-Use Restaurant and Lodging Property

111 W Bell St, Sequim, WA 98382

$2,950,000

Combines a multi-level restaurant with guest suites, living quarters, and a private cottage accommodation.

Off-Market Properties in Port Townsend, WA

Consider similar Off-Market properties in Port Townsend, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

820 Water St

OFFICE/RESIDENTIAL (MIXED USE)

820 Water St, Port Townsend, WA 98368-5771

Estimated value: by Request

3,640 sqft 0.07 AC lot

936 Water St

OFFICE/RESIDENTIAL (MIXED USE)

936 Water St, Port Townsend, WA 98368-5733

Estimated value:

$275,000

3,480 sqft 0.08 AC lot

702 Water St

OFFICE/RESIDENTIAL (MIXED USE)

702 Water St, Port Townsend, WA 98368-5729

Estimated value: by Request

5,760 sqft 0.08 AC lot

844 Water St

OFFICE/RESIDENTIAL (MIXED USE)

844 Water St, Port Townsend, WA 98368-5731

Estimated value:

$1,475,000

12,508 sqft 0.14 AC lot

922 Washington St, Unit 3

OFFICE/RESIDENTIAL (MIXED USE)

922 Washington St, Port Townsend, WA 98368-5722

Unit 3

Estimated value:

$395,000

819 sqft

926 Water St

OFFICE/RESIDENTIAL (MIXED USE)

926 Water St, Port Townsend, WA 98368-5764

Estimated value:

$1,695,000

0.07 AC lot

1004 Water St

OFFICE/RESIDENTIAL (MIXED USE)

1004 Water St, Port Townsend, WA 98368-6706

Estimated value:

$5,010,000

15,675 sqft 0.14 AC lot

1012 Water St

OFFICE/RESIDENTIAL (MIXED USE)

1012 Water St, Port Townsend, WA 98368-6706

Estimated value:

$5,010,000

7,341 sqft 0.07 AC lot

639 Water St

OFFICE/RESIDENTIAL (MIXED USE)

639 Water St, Port Townsend, WA 98368-5726

Estimated value:

$2,610,000

16,194 sqft 0.14 AC lot

1042 Water St

OFFICE/RESIDENTIAL (MIXED USE)

1042 Water St, Port Townsend, WA 98368

Estimated value:

$2,390,000

22,000 sqft 0.55 AC lot

1030 Lawrence St

OFFICE/RESIDENTIAL (MIXED USE)

1030 Lawrence St, Port Townsend, WA 98368-6556

Estimated value:

$235,000

7,290 sqft 0.12 AC lot

1351 7th St

OFFICE/RESIDENTIAL (MIXED USE)

1351 7th St, Port Townsend, WA 98368-2421

Estimated value:

$2,905,000

0.54 AC lot

636 Water St

OFFICE/RESIDENTIAL (MIXED USE)

636 Water St, Port Townsend, WA 98368-5727

Estimated value:

$1,210,000

6,405 sqft 0.15 AC lot

914 Washington St

OFFICE/RESIDENTIAL (MIXED USE)

914 Washington St, Port Townsend, WA 98368-5741

Estimated value:

$285,000

3,147 sqft 0.16 AC lot

129 Taylor St

OFFICE/RESIDENTIAL (MIXED USE)

129 Taylor St, Port Townsend, WA 98368-5748

Estimated value:

$6,180,000

29,250 sqft 0.34 AC lot

919 Washington St

OFFICE/RESIDENTIAL (MIXED USE)

919 Washington St, Port Townsend, WA 98368-5721

Estimated value:

$1,320,000

4,950 sqft 0.12 AC lot

714 Washington St

OFFICE/RESIDENTIAL (MIXED USE)

714 Washington St, Port Townsend, WA 98368-5718

Estimated value:

$1,765,000

16,560 sqft 0.14 AC lot

940 Water St

OFFICE/RESIDENTIAL (MIXED USE)

940 Water St, Port Townsend, WA 98368-5747

Estimated value:

$870,000

14,190 sqft 0.13 AC lot

823 Washington St

OFFICE/RESIDENTIAL (MIXED USE)

823 Washington St, Port Townsend, WA 98368-5719

Estimated value:

$405,000

4,762 sqft 0.11 AC lot

918 Water St

OFFICE/RESIDENTIAL (MIXED USE)

918 Water St, Port Townsend, WA 98368-5733

Estimated value:

$275,000

4,119 sqft 0.07 AC lot

922 Washington St, Unit 2

OFFICE/RESIDENTIAL (MIXED USE)

922 Washington St, Port Townsend, WA 98368-5722

Unit 2

Estimated value:

$260,000

379 sqft

810 Water St

OFFICE/RESIDENTIAL (MIXED USE)

810 Water St, Port Townsend, WA 98368-5769

Estimated value:

$390,000

3,794 sqft 0.07 AC lot

1012 Lawrence St

OFFICE/RESIDENTIAL (MIXED USE)

1012 Lawrence St, Port Townsend, WA 98368-6524

Estimated value:

$445,000

13,650 sqft 0.33 AC lot

Port Townsend, WA Mixed-Use Properties Market Trends and Statistics

Explore 32 mixed-use properties for sale in Port Townsend, WA on our real estate platform.

Sale prices for multi use buildings in Port Townsend, WA average $1,500,000 — 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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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	$1.5M

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%

How Realmo verifies these figures

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