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No Development needed! ROI starts at closing with a solid 7% Cap. rate in Port Townsend! - 5 buildings totaling 27,624 sqft., rentable, 3 full size loading docks, 3 tax parcels, 11 tenants all on 2.4 ~ acs. Fully leased with a long history of 100% occupancy, 5 minutes from downtown Port Townsend. Price per Building SF= $117. 65 Each building is in excellent condition with NO deferred maintenance. A diverse eclectic group of tenants make for great business park that's very manageable. This is a great investment opportunity in a happening small city on the North Olympic Peninsula.PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 203 N Otto Street
City: Port Townsend
State: Washington
Postal Code: 98368
County: Jefferson
MLS Number: 2154027
Year Built: 2005
Courtesy of RE/MAX FIRST Inc Port Townsend
City: Port Townsend
State: Washington
Postal Code: 98368
County: Jefferson
MLS Number: 2154027
Year Built: 2005
Courtesy of RE/MAX FIRST Inc Port Townsend
Courtesy of Windermere R.E. Port Townsend