Individually Owned Property summary
This 1,311 square foot retail space at 940 Washington Street in Port Townsend, Washington, presents a compelling investment opportunity. Located in the desirable Fountain District, just one block from Water Street (the city's main thoroughfare), this property boasts high visibility and foot traffic. The building features 50 feet of street frontage, two entry doors, and two bathrooms, making it easily divisible for two separate businesses. Built in 1958, the two-story structure sits on a… 0.11-acre lot (APN 989705706) and is zoned for commercial use. Included with the sale are site drawings and preliminary reports detailing the potential for a second-story expansion, which could accommodate two apartments. This presents a unique opportunity to either immediately occupy the space with your business or capitalize on the expansion potential to increase revenue streams. The asking price has been reduced, making this an even more attractive proposition for discerning investors. The property's prime location and versatile layout offer significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,310 SF
- Lot area
- 0.11 ac
- APN
- 989705706
- Zoning
- C-III
- Assessed value · 2023
- $388,781
- Annual tax · 2023
- $3,493
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is intended to accommodate the mix of uses that have occurred over time in the citys downtown and uptown historic districts. The district makes provision for general retail uses on the ground floor of struc…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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