255410 Hwy 101 Port Angeles, WA 98362-9200
This exceptional 6,000 square foot warehouse, situated on a sprawling 15.12-acre lot at 255410 Highway 101 in Port Angeles, Washington (zip code 98362), presents a rare investment opportunity. The property boasts flexible zoning, allowing for a diverse range of commercial uses. Currently operating as a successful winery and event venue, this established business offers immediate income potential and significant expansion possibilities. The building's history dates back to the late 1990s, marking this as its first time on the market. The asking price is $1,300,000. Nestled against the breathtaking Olympic Mountains, the property enjoys stunning year-round views, adding significant aesthetic value and appeal. The expansive lot size provides ample room for future development or expansion of existing operations. This unique property combines the charm of a historic structure with the potential for substantial growth, making it an ideal investment for discerning buyers seeking a blend of established business and future development potential in a picturesque location. The property is classified as Industrial and Land, with a Commercial subtype.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.