3059 W Sims Way Port Townsend, WA 98368
For Sale
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Property summary
This exceptional commercial property presents a unique investment opportunity in Port Townsend, WA. Situated on a highly visible corner lot at 3059 W Sims Way (0.58 acres), this property boasts a substantial 3808 square foot building, perfect for a variety of commercial uses. The building features a versatile layout including offices, a showroom, ample storage space, and a large work area. A secure fenced area behind the building, along with fencing on the south and west property lines, provides added security and privacy. The property is free of easements. The building itself is constructed of concrete block with a torched-down roof (partially re-torched). Climate control is provided by multiple ductless mini-splits in the showroom and work area. Convenient front and side parking is available, complemented by a covered area at the front of the building. The asking price for this exceptional property is $1,300,000. Please note that the existing business operating on the property is not included in the sale.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
DISTRICT C-I C-II C-II(H) C-III APPLICABLE REGULATIONS/NOTES housing requires design review. Owner/operator/employee residences P P P P PTMC 17.20.030, Bulk, dimensional and density requirements; such uses shall only be…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-II · Port Townsend, WADISTRICT C-I C-II C-II(H) C-III APPLICABLE REGULATIONS/NOTES housing requires design review. Owner/operator/employee residences P P P P PTMC 17.20.030, Bulk, dimensional and density requirements; such uses shall only be…
Zoning
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Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-II in Port Townsend, WA.
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