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229 W 1st Street 229 W 1st St 12,762 SF 100% Leased Retail Building Port Angeles, WA 98362 $1,116,666 CAD ($87.50 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Located in Downtown Corridor
  • Harbor Views
  • Warehouse or Inventory Storage
  • Lots of Natural Light
  • Second Floor Office Space/High Demand

EXECUTIVE SUMMARY

Located in the vibrant downtown corridor, this exceptional building off ers unparalleled harbor views & versatile commercial space. Multiple private offi ces provide ample spacefor administrative needs or client consultations. Warehouse for inventory storage or additional workspace. Parking underneath the building. Rare opportunity for investors orbusinesses seeking a strategic location w/outstanding visibility. Hotel revival, upscale offi ces, mixed-use development? Possibilities are limitless in downtown.

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
12,762 SF
Building Class
C
Year Built/Renovated
1900/2000
Price
$1,116,666 CAD
Price Per SF
$87.50 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.83
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Chase
Jazzercise
CrossFit
Starbucks
U.S. Bank
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55911
Land Assessment
$118,898 CAD (2025)
Improvements Assessment
$786,975 CAD (2025)
Total Assessment
$905,873 CAD (2025)
  • Listing ID: 32507009

  • Date on Market: 2024-07-18

  • Last Updated:

  • Address: 229 W 1st St, Port Angeles, WA 98362

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