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    203 Otto Street, Port Townsend, WA 98368
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    203 Otto Street
    1. Provided by: RE/MAX FIRST Inc Port Townsend
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    • MLS#: NWM2154027 ( Commercial Sale )
    • Street Address: 203 Otto Street
    • Viewed: 6
    • Price: $3,250,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2005
    • Bldg sqft: 0
    • Acreage: 2.40 acres
    • Additional Information
    • Geolocation: 48.0914 / -122.815
    • County: JEFFERSON
    • City: Port Townsend
    • Zipcode: 98368
    • Subdivision: Glen Cove
    • Provided by: RE/MAX FIRST Inc Port Townsend
    • Contact: Terry McHugh
    • 360-385-6499
    • Northwest Multiple Listing Service
    • Provided by: RE/MAX FIRST Inc Port Townsend
    • Listings provided courtesy of the North West Multiple Listing Service. Disclaimer: The information contained in this listing has not been verified by RE/MAX FIRST Inc Port Townsend and should be verified by the buyer.
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    • Description
      No Development needed! ROI starts at closing with a solid 7% Cap. rate in Port Townsend! 5 buildings totaling 27,624 sqft., rentable, 3 full size loading docks, 3 tax parcels, 11 tenants all on 2.4 ~ acs. Fully leased with a long history of 100% occupancy, 5 minutes from downtown Port Townsend. Price per Building SF= $117. 65 Each building is in excellent condition with NO deferred maintenance. A diverse eclectic group of tenants make for great business park that's very manageable. This is a great investment opportunity in a happening small city on the North Olympic Peninsula.
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    Features
    Home Owners Association Fee
    1. 0.00
    Carport Spaces
    1. 0.00
    Close Date
    1. 0000-00-00
    Cooling
    1. Heat Pump
    Country
    1. US
    Covered Spaces
    1. 0.00
    Exterior Features
    1. Metal/Vinyl
    Flooring
    1. Concrete
    Garage Spaces
    1. 0.00
    Heating
    1. Heat Pump
    2. Radiator
    Insurance Expense
    1. 9684.00
    Interior Features
    1. Concrete
    Living Area
    1. 0.00
    Area Major
    1. 482 - South Port Townsend
    Net Operating Income
    1. 0.00
    Open Parking Spaces
    1. 0.00
    Other Expense
    1. 0.00
    Parcel Number
    1. 986701902
    Possession
    1. Closing
    Possible Use
    1. Commercial
    2. Industrial
    Property Type
    1. Commercial Sale
    Sewer
    1. Septic Tank
    Tax Year
    1. 2022
    Water Source
    1. Public
    Year Built
    1. 2005
    1. Making A Difference In How You Live!