702 Water Street 1-3 Port Townsend, WA 98368
Sold
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Coldwell Banker Best Homes / Nicole Blasucci and Bell Tower Brokers

  702 Water Street 1-3 Port Townsend, WA 98368

Sold on 10/31/2025
$1,575,000 (USD)

Description

Iconic architecture and timeless stonework define this historic mixed-use building in the heart of Port Townsend. Situated on a prominent corner lot on Water Street, surrounded by other local businesses, cafes & boutiques, ensuring a steady flow of foot traffic. This property offers 2,000 sq ft of retail space—currently operating as one retail space but easily divisible into two distinct units. Above, you'll find 3 spacious apartments featuring 12-foot ceilings, with unit #1 offering peek-a-boo views of Port Townsend Bay. Additional features include a heated basement and a one-car garage. A rare investment opportunity blending history, character, and versatility.

Sold Date:
10/31/2025
Taxes
$8,094(2025)
Lot Size
3,485 SQFT
Type
Multifamily
Year Built
1884
Style
Tri-Plex
Views
Bay
School District
Port Townsend #50
County
Jefferson County
Community
Downtown

Listed By

Nicole Blasucci, Coldwell Banker Best Homes
Bought with
Amanda Steurer-Zamora, Bell Tower Brokers
Source
Northwest MLS
Last checked Apr 30 2026 at 5:19 PM GMT+0000
Bathroom Details
Subdivision
  • Downtown
Lot Information
  • Corner Lot
  • Sidewalk
  • Paved
Property Features
  • Fireplace: 0
Heating and Cooling
  • Hot Water Recirc Pump
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Stone
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Oil
School Information
  • Elementary School: Salish Coast Elementary
  • Middle School: Blue Heron Mid
  • High School: Port Townsend High

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 09, 2025
Listed
$1,650,000
-
-
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 4/30/2026 17:19. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.