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    104 1St St Port Angeles, WA 98362

    • Retail space
    • 4,868 SF
    For Sale
    View listing
    $724,900
    Value Estimation
    Last Sale
    Feb 22, 2022
    $470,000
    Location Intelligence
    Property ID
    US90-2804984
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Port Book and News / Book Store / Newsstand
    • MOSS / Clothing Store / Baby Clothing Store

    Property Details for 104 1St St

    Property size
    4,868 SF
    Property type
    Retail space
    APN
    630000032000000
    APU
    630000032000000

    Description

    This exceptional opportunity presents the acquisition of 104 E First Street, a thriving bookstore in the heart of Port Angeles, Washington. Operating successfully for 38 years, this landmark business, known as Port Book and News, is offered for sale for the first time. The asking price is $724,900. The property is classified as Special Purpose and boasts a strong sales history, exceeding 95,000 books sold in 2023 alone. Its diverse inventory includes a wide range of titles, from children's coloring books to academic textbooks, catering to a broad customer base. Beyond books, the store offers newspapers, gifts, art supplies, and even a unique canine-friendly perk: free dog treats. Located in downtown Port Angeles at 104 E First Street (zip code 98362), the business benefits from high foot traffic, including numerous ferry passengers. The knowledgeable and dedicated staff contributes significantly to the store's success and positive reputation within the community. This established business presents a rare opportunity to own a well-loved local landmark and a profitable enterprise serving the Olympic Peninsula. The property is situated in Clallam County, Washington, and its geographic coordinates are 48.1187898 latitude and -123.4333125 longitude. This turnkey operation is ready for a new owner to continue its legacy of success.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $580,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $400,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $390,000
      Mixed-Use
      $370,000
      Hospitality
      $355,000
      Educational
      $375,000
      Residential Income
      $440,000
      Energy
      $455,000
      Income-Based Land
      $360,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Angeles
    County
    Clallam
    State
    Washington
    Longitude
    -123.434
    Latitude
    48.1189
    CBSA code
    38820
    CBSA name
    PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,592
    $32,450
    $119,880
    $152,330
    -
    $32,450
    $119,880
    $152,330

    Comparable in this City

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      View Details
    • Value Estimation
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      Hwy 101

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    • Value Estimation by Request
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      603 Lincoln St

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    • Value Estimation by Request
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      125 1st St

      RETAIL STORES (PERSONAL SERVICES) • 1,495 SF
      125 1st St, Port Angeles, WA 98362-2602
      View Details
    • Value Estimation
      $1,260,000
      16,000 SF

      1116 1st St

      RETAIL STORES (PERSONAL SERVICES) • 16,000 SF
      1116 1st St, Port Angeles, WA 98362
      View Details
    • Value Estimation
      $265,000
      1,496 SF

      210 4th St

      RETAIL STORES (PERSONAL SERVICES) • 1,496 SF
      210 4th St, Port Angeles, WA 98362-3001
      View Details

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    104 1St St
    Port Angeles, WA 98362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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