Provided by NWMLS, Listed by John L. Scott, Inc.

Active

1532 W Sims Way

Port Townsend WA, 98368

$1,750,000


Active

Commercial

Built in 1948

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.

2043498

MLS ID

March 9, 2023

Listed

March 21, 2024

Updated

Map

1532 W Sims Way
Port Townsend WA, 98368

Interior Features

Floor Description

Vinyl


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.62 Acres


Exterior Features

Wood


Roof

Metal


Sewer

Sewer Connected

Other Property Details

Area Name

480 - Port Townsend


Taxes

$9,197


Tax Frequency

Annually


Garage

No


Parking Total

0


View

No


County

Jefferson


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/25/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 4/25/2024 at 7:00 PM UTC 

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