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Listed by John L. Scott, Inc.
$1,675,000
Est. payment /mo
0.62 Acres Lot
Active
1532 W Sims WAY Port Townsend, WA 98368
UPDATED:
09/24/2024 12:32 AM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Port Townsend
MLS Listing ID 2043498
Style 60 - Comm Bldg Und 10K
Year Built 1948
Annual Tax Amount $9,197
Lot Size 0.620 Acres
Lot Dimensions 100 x 270
Property Description
The building is a mix of commercial on the first floor and 7 residential apartments on the second floor. It is 100% occupied w/leases for every tenant. Building has a 17yr history of full occupancy. The commercial tenant is a very popular recycle salvage business. The 7 apartments- 2 studio, 4- 1 bedroom and 1- 2 bedroom are updated w/a modern theme. Apartments have 3 walk-in showers, up to date plumbing - faucets and shower valves, updated electrical- baseboard heaters, water heaters & lighting. Residential tenants are presently paying below market rate. Building has an excellent location for residential living, bars, restaurants and grocery store are all within a short distance. Full RV hookup- water, sewer & electric is in the rear lot.
Location
State WA
County Jefferson
Area 480 - Port Townsend
Interior
Flooring Vinyl
Fireplace Yes
Exterior
Exterior Feature Wood
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Owner Financing
Listing Terms Cash Out, Owner Financing
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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