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Property profile & analytics
OFF-MARKET Estimated value $650,000
Retail space

31 Colwell St Port Hadlock, WA 98339-9701

5,400 SF 0.37 ac lot
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1976536
Property summary
AI-generated overview

This exceptional Port Hadlock-Irondale, WA commercial property at 31 Colwell St, 98339 offers a unique opportunity for businesses seeking flexible and versatile office space. Located just 10 minutes from Port Townsend, this Class C building boasts a total of 5,400 square feet, divided into two suites. Currently, a contiguous 1,660 square feet is available for lease, perfect for a variety of uses. The property is zoned C - Mixed Use, allowing for diverse business operations. The building features a traditional office layout adaptable to creative office or coworking needs, making it ideal for a range of tenants. Ample parking is provided with 12 spaces available for tenants and their clients. The building's location on Colwell St, near the cross street, ensures excellent visibility and accessibility. This is a rare opportunity to secure prime office space in a thriving community, offering a blend of convenience and functionality. Don't miss out on this chance to establish your business in a desirable location with ample space and parking. The property is situated at 48.03315583015308 latitude and -122.78285391142596 longitude.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 5,400 SF
Lot 0.37 ac (16,117 SF)
Zoning code UGA-C
APN 942902304
UPID US90-1976536
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jefferson County Association of REALTORS® Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$545k
Blend (final) Blend
$650k
Owner & transaction history
Nicholas C Carr · 3 yrs held
Nicholas C Carr
since 2022
Last sale
$710,000
3 recorded transactions
2022
$710,000
2022
Price N/A
2004
Price N/A
Zoning & alternative use
UGA-C · Port Hadlock, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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