Current Use by Public Records
- Specialty properties
Property Details for 2503 Washington St
- Year built
- 1985
- Property type
- Specialty properties
- Property subtype
- Office Spaces
Description
This exceptional Class A commercial building, located at 2503 Washington St, Port Townsend, WA 98368, offers 2,556 square feet of space in a prime waterfront location. Currently housing the Port Townsend Yacht Club, this mixed-use property boasts a large meeting room, fully equipped kitchen, bar area, dedicated office space, and two bathrooms with showers. Direct boat dock access is a key feature, ideal for marine-related businesses or those catering to waterfront activities. Ample storage is available throughout the building. Built in 1985, this single-unit building sits on leased land (APN 957602503) with a current monthly rent of $125, subject to a new lease agreement with the Port of Port Townsend at an estimated $350 per month. The property is zoned M-ll(A) and offers excellent visibility and access. The asking price is $379,950 ($148.65/sq ft). Potential uses beyond a yacht club include event spaces, hospitality venues, recreational businesses, or community gathering spaces. The buyer is responsible for verifying permitted uses and transferring the lease agreement with the Port of Port Townsend. This unique opportunity presents a rare chance to own a thriving waterfront commercial property in a desirable location.
Value Estimations
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Townsend
- County
- Jefferson
- State
- Washington
- Longitude
- -122.773
- Latitude
- 48.1083
