Mixed-Use

Port Townsend, WA Mixed-use Properties for Sale

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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.
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Mixed-Use Building with Apartments
Updated: Apr 11
Mixed-Use Building with Apartments

926 Water Street, Port Townsend, WA 98368

Contact for pricing
Three street‑level commercial spaces and four second‑floor apartments
More than 2,500 square feet of retail space
Comprehensively rebuilt in 2010 with structural and seismic engineering
100% occupancy with annual rent increases built into the leases
Separate meters for each tenant and fire sprinklers in each unit
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 2 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, plus 2 Land Listings that present a potential for development.

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 St, Langley, WA 98260

$2,495,000
8,620 sqft

Updated commercial property with strong tenants and high cap rate.

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Downtown Mixed-Use Commercial Property
Downtown Mixed-Use Commercial Property

405 W Bell Street, Sequim, WA 98382

$410,000
1,152 sqft 0.22 AC lot

Updated downtown property with onsite parking, ADA-accessible 3/4 bath, and a Snap-Lock metal roof.

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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.

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Mixed-Use Office and Residential Property
Mixed-Use Office and Residential Property

207 Anthes Ave, Langley, WA 98260

Contact for pricing

Fully occupied asset combines four offices, a renovated apartment, and a remodeled bungalow.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Buildable City Lot in Sequim
Buildable City Lot in Sequim

999999 West Maple Street, Sequim, WA 98382

$95,000

Buildable city lot in downtown Sequim near amenities.

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Everett Land with Development Potential
Everett Land with Development Potential

1301-1305 Broadway Ave, Everett, WA 98201

Contact for pricing
0.28 AC lot

Land with MU15 zoning, development potential, and opportunity zone benefits.

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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

Value Estimation by Request
3,640 sqft 0.07 AC lot
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936 Water St
OFFICE/RESIDENTIAL (MIXED USE)

936 Water St, Port Townsend, WA 98368-5733

$275,000
Estimated value
3,480 sqft 0.08 AC lot
View details
702 Water St
OFFICE/RESIDENTIAL (MIXED USE)

702 Water St, Port Townsend, WA 98368-5729

Value Estimation by Request
5,760 sqft 0.08 AC lot
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844 Water St
OFFICE/RESIDENTIAL (MIXED USE)

844 Water St, Port Townsend, WA 98368-5731

$1,475,000
Estimated value
12,508 sqft 0.14 AC lot
View details
922 Washington St, Unit 3
OFFICE/RESIDENTIAL (MIXED USE)

922 Washington St, Port Townsend, WA 98368-5722

Unit 3
$395,000
Estimated value
819 sqft
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926 Water St
OFFICE/RESIDENTIAL (MIXED USE)

926 Water St, Port Townsend, WA 98368-5764

$1,695,000
Estimated value
0.07 AC lot
View details
1004 Water St
OFFICE/RESIDENTIAL (MIXED USE)

1004 Water St, Port Townsend, WA 98368-6706

$5,010,000
Estimated value
15,675 sqft 0.14 AC lot
View details
1012 Water St
OFFICE/RESIDENTIAL (MIXED USE)

1012 Water St, Port Townsend, WA 98368-6706

$5,010,000
Estimated value
7,341 sqft 0.07 AC lot
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639 Water St
OFFICE/RESIDENTIAL (MIXED USE)

639 Water St, Port Townsend, WA 98368-5726

$2,610,000
Estimated value
16,194 sqft 0.14 AC lot
View details
1042 Water St
OFFICE/RESIDENTIAL (MIXED USE)

1042 Water St, Port Townsend, WA 98368

$2,390,000
Estimated value
22,000 sqft 0.55 AC lot
View details
1030 Lawrence St
OFFICE/RESIDENTIAL (MIXED USE)

1030 Lawrence St, Port Townsend, WA 98368-6556

$235,000
Estimated value
7,290 sqft 0.12 AC lot
View details
1351 7th St
OFFICE/RESIDENTIAL (MIXED USE)

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

$2,905,000
Estimated value
0.54 AC lot
View details
636 Water St
OFFICE/RESIDENTIAL (MIXED USE)

636 Water St, Port Townsend, WA 98368-5727

$1,210,000
Estimated value
6,405 sqft 0.15 AC lot
View details
914 Washington St
OFFICE/RESIDENTIAL (MIXED USE)

914 Washington St, Port Townsend, WA 98368-5741

$285,000
Estimated value
3,147 sqft 0.16 AC lot
View details
129 Taylor St
OFFICE/RESIDENTIAL (MIXED USE)

129 Taylor St, Port Townsend, WA 98368-5748

$6,180,000
Estimated value
29,250 sqft 0.34 AC lot
View details
919 Washington St
OFFICE/RESIDENTIAL (MIXED USE)

919 Washington St, Port Townsend, WA 98368-5721

$1,320,000
Estimated value
4,950 sqft 0.12 AC lot
View details
714 Washington St
OFFICE/RESIDENTIAL (MIXED USE)

714 Washington St, Port Townsend, WA 98368-5718

$1,765,000
Estimated value
16,560 sqft 0.14 AC lot
View details
940 Water St
OFFICE/RESIDENTIAL (MIXED USE)

940 Water St, Port Townsend, WA 98368-5747

$870,000
Estimated value
14,190 sqft 0.13 AC lot
View details
823 Washington St
OFFICE/RESIDENTIAL (MIXED USE)

823 Washington St, Port Townsend, WA 98368-5719

$405,000
Estimated value
4,762 sqft 0.11 AC lot
View details
918 Water St
OFFICE/RESIDENTIAL (MIXED USE)

918 Water St, Port Townsend, WA 98368-5733

$275,000
Estimated value
4,119 sqft 0.07 AC lot
View details
922 Washington St, Unit 2
OFFICE/RESIDENTIAL (MIXED USE)

922 Washington St, Port Townsend, WA 98368-5722

Unit 2
$260,000
Estimated value
379 sqft
View details
810 Water St
OFFICE/RESIDENTIAL (MIXED USE)

810 Water St, Port Townsend, WA 98368-5769

$390,000
Estimated value
3,794 sqft 0.07 AC lot
View details

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

Explore 33 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%

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