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237 Taylor Street Port Townsend, WA $ 2,500,000
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$ 2,500,000 Get more info
237 Taylor Street
$ 2,500,000
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237 Taylor Street

Port Townsend, WA, 98368
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 17,463

Listed by Pacific Residential Brokers
237 Taylor Street, Port Townsend, WA 98368 - Image 1
237 Taylor Street, Port Townsend, WA 98368 - Image 2
237 Taylor Street, Port Townsend, WA 98368 - Image 3
237 Taylor Street, Port Townsend, WA 98368 - Image 4
237 Taylor Street, Port Townsend, WA 98368 - Image 5
237 Taylor Street, Port Townsend, WA 98368 - Image 6
237 Taylor Street, Port Townsend, WA 98368 - Image 7
237 Taylor Street, Port Townsend, WA 98368 - Image 8
237 Taylor Street, Port Townsend, WA 98368 - Image 9
237 Taylor Street, Port Townsend, WA 98368 - Image 10
Studio

Commercial Property for sale in Port Townsend, WA

for $2,500,000. This building was built in 1889.

Classic and timeless architecture in the heart of downtown Port Townsend. Built in 1889 and impeccably restored and updated in 1997. Major renovations completed including: Seismic, Electrical, Plumbing and Elevator (4-stops). Over 8,600 SF leased on 3-floors by 3-tenants. Prime 1st floor space is upscale restaurant with mezzanine lounge, 2nd floor is offices, and 3rd floor is a long-term boutique theatre tenant. The restaurant/business opportunity is also available to purchase if buyer is interested in owning restaurant along with the building. Upside opportunity through renovating partially finished basement suitable for lease. **Profit & loss info based on Pro-Forma numbers**

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Und 10K

Year Built

1889

Town/City

Port Townsend

County/Region

Jefferson

MLS | Web ID

2208229
Features
General
Possession Closing
HOA 0
Year Built 1889
Property SubType Commercial Industrial
Tax Year 2023
County Jefferson
Net Operating Income 132000
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Downtown
Special Listing Conditions None
Status Active
Directions Water Street to Left on Adams left on Washington St to left on Taylor Street. (Taylor Street is a one-way on this block.) Theatre is on the right.
City Port Townsend
Buyer Agent Compensation 2.5
Senior Community Y/N N
Total Units 0
MLS Area 480 - Port Townsend
Lot Size Square Feet 0
Carport Y/N N
Street Name Taylor
Public Remarks Classic and timeless architecture in the heart of downtown Port Townsend. Built in 1889 and impeccably restored and updated in 1997. Major renovations completed including: Seismic Electrical Plumb
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Property Style 60 - Comm Bldg Und 10K
Cap Rate 5.28
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Living Area Units Square Feet
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Total Parking 0
Building Area Total 0
Lot Size Acres 0
Lot Size Units Square Feet
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2208229
Street Number 1 237
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* Excluded Features
List By
Tom O'Brien

Listing Agent

Pacific Residential Brokers

Broker

Affordability Calculator

$17,463
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Monthly Principal & Interest
$17,463
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/8/2024$2,500,000 Listed Price

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237 Taylor Street, Port Townsend, WA, 98368 is a Commercial Property for sale at $2,500,000. 237 Taylor Street is a studio with 0.0 baths and was built in 1889. The property's zip code is 98368 which is in Port Townsend, WA

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