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Property profile & analytics
OFF-MARKET
Office Spaces

505 8th St Port Angeles, WA 98362-6221

2,534 SF 0.16 ac lot Built 1980
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US90-2794814
Property summary
AI-generated overview

This exceptional 2,534 square foot office building, located at 505 E 8th St in Port Angeles, WA, presents a unique investment opportunity. Currently vacant, the property boasts a desirable location on a main corridor and offers stunning mountain views. Recently remodeled, this two-story building features a modern layout with ample natural light. The ground floor includes a reception area, processing room, bathroom, conference room, and kitchen. Upstairs, you'll find five offices, two of which are premier spaces with exceptional views, along with an additional bathroom. The building is equipped with high-speed T-1 internet throughout and provides 12 on-site parking spaces. A heat pump system ensures efficient climate control. The building's west roof was replaced in 2021, demonstrating recent maintenance and upgrades. The property sits on a 0.16-acre lot and is zoned P_CN. While currently vacant, the previous tenant's lease extends until August 1, 2024, providing a potential income stream until then, at a rate of $4,000 per month. This meticulously maintained building offers a blend of functionality and aesthetic appeal, making it an ideal investment for a variety of businesses. The asking price is $399,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1980
Total area 2,534 SF
Lot 0.16 ac (7,000 SF)
APN 630000227400000
UPID US90-2794814
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
  • RE/MAX Evergreen Real Estate Agency
  • Olympic Medical Center, Dr Wheeler Physician
  • Heidi Hampton, Realtor Real Estate Agency
  • Mark DeRousie, RE/MAX Evergreen Real Estate Agency
  • Baker Overby & Moore Inc: Leskinovitch Wendy C CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Edmund Todd Taylor · 1 yrs held
Edmund Todd Taylor
since 2025
Last sale
$349,500
2 recorded transactions
2025
$349,500
2014
$199,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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