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7XXX Water Street 0.12 Acres of Commercial Land Offered at $781,385 CAD in Port Townsend, WA 98368

Commercial Land Properties Washington Port Townsend 7XXX Water Street, Port Townsend, WA 98368

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Investment Highlights

  • Prime downtown commercial location one block from the scenic waterfront and ferry dock.
  • Strong tourism flow and local patronage make this an ideal site for businesses seeking exposure and foot traffic.
  • High-visibility site in a walkable area with established shopping, dining, and cultural attractions.
  • Flexible C-111 zoning supports retail, restaurant, office, or mixed-use development.

Executive Summary

Build Your Vision in the Heart of Historic Port Townsend! Rarely does an opportunity like this come along—a 5,227 SF vacant commercial lot just one block from the sparkling waterfront and close to the ferry dock. Set in the heart of Port Townsend’s lively historic district, this prime location offers exceptional visibility, foot traffic and an unbeatable atmosphere with nearby shops, dining, art galleries, and marina. Imagine your business welcoming ferry passengers, locals, and visitors alike in one of Washington’s most beloved coastal towns. With flexible commercial zoning, the possibilities are endless—retail, restaurant, office, or mixed-use. Create something truly special in a setting where history, charm, and opportunity meet.

Attachments

Title Commitment
SELLERDisclosurePtTownsendWaterStreet
LEGALPtTownsendWaterStreet

Property Facts

Price $781,385 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Restaurant
Sale Condition Redevelopment Project Total Lot Size 0.12 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Zoning C-111 - City Jurisdiction
Price $781,385 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Restaurant
Total Lot Size 0.12 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C-111 - City Jurisdiction

1 Lot Available

Lot 989704202

Price $781,385 CAD Lot Size 0.12 AC
Price Per AC $6,776,267.65 CAD
Price $781,385 CAD
Price Per AC $6,776,267.65 CAD
Lot Size 0.12 AC

Prime downtown commercial location, one block from the water. High visibility, near ferry terminal. Treed with partial slope.

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7XXX Water Street, Port Townsend, WA - Aerial map view - Image1
7XXX Water Street, Port Townsend, WA - Aerial map view - Image2
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7XXX Water Street, Port Townsend, WA - Aerial map view - Image4
7XXX Water Street, Port Townsend, WA - Aerial map view - Image5
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Number 989704202 Improvements Assessment $0 CAD
Land Assessment $428,641 CAD Total Assessment $428,641 CAD

Property Taxes

Parcel Number
989704202
Land Assessment
$428,641 CAD
Improvements Assessment
$0 CAD
Total Assessment
$428,641 CAD
(206) 579-1003

Still interested?

Contact the broker for more information about this property

Contact

  • Karen Sorensen
    Karen Sorensen
  • Lake & Company Real Estate

  • Listing ID: 37709782

  • Date on Market: 2025-09-17

  • Last Updated:

  • Address: 7XXX Water Street, Port Townsend, WA 98368

The Land Property at 7XXX Water Street, Port Townsend, WA 98368 is currently available for Sale. Contact Lake & Company Real Estate for more information.

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7XXX Water Street
(206) 579-1003 x

7XXX Water Street

Karen Sorensen
(206) 579-1003

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