1020 Water ST, Port Townsend, WA 98368
Listed by:John L. Scott Port Townsend • Michael Morrow
Bought with: Windermere R.E. Port Townsend

$1,350,000

$1,500,000

10.0%
Est.Price: ?

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Est. payment /mo

3,049 Sqft Lot


SOLD DATE : 04/06/2026

Key Details

Sold Price $1,350,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2376031

Sold Date 04/06/26

Style 60 - Comm Bldg Und 10K

Year Built 1889

Annual Tax Amount $9,772

Lot Size 3,049 Sqft

Lot Dimensions 27'x110'x27'x110'

Property Sub-Type Commercial Industrial

Property Description

Victorian splendor! This is an opportunity to own a piece of Historic Port Townsend. Initially, this exceptional building was originally the State Bank of Washington. It is centrally located in the downtown Business District. Offering retail space on the ground floor and residential apartments on the 2nd and 3rd floors, some of which have views of Port Townsend Bay and the Cascade Mountains. The penthouse is very well-appointed, featuring a grand fireplace and an easy-to-use kitchen. The building was extensively remodeled 10 years ago with updated electrical, plumbing & windows. The main floor retail space has a ductless heat pump.

Location

State WA

County Jefferson

Area 480 - Port Townsend

Interior

Flooring Softwood

Fireplace false

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

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Northwest MLS (NWMLS)

Nearby Locations

Heather Marshman
Heather Marshman

Broker Associate | License ID: 25023211

+1(253) 545-8826 | hmarshman@hawkinspoe.com

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