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    1042 Water Street

    Port Townsend, WA 98368
    • $3,750,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: 1776322
    Price Reduced
    UPDATED: 68 min ago
    $3,750,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1890
    County:

    School Ratings & Info

    Listing Courtesy of Re/Max First, Inc Prt Townsend.

    Description

    The historic Kuhn Building is available now. Currently 100% occupied by over 16 incredible tenants. Situated in the heart of Port Townsend's downtown historic district. Strong leasing history and great income numbers make this a smart choice for a 1031 exchange. Lots of parking behind building for tenants.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Simmi Real Estate | Keller Williams Eastside are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T23:14:28.397.

    www.simmirealestate.com/homes/117348875
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    1042 Water Street Port Townsend, WA 98368

    • Price: $3,750,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: 1776322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    1890
    Built
    Neighborhood:
    Downtown
    County:
    Jefferson
    Area:
    Port Townsend
    Property Description
    The historic Kuhn Building is available now. Currently 100% occupied by over 16 incredible tenants. Situated in the heart of Port Townsend's downtown historic district. Strong leasing history and great income numbers make this a smart choice for a 1031 exchange. Lots of parking behind building for tenants.
    Exterior Features

    Carport YN No Covered Spaces 0 Exterior Features BrickStoneWood Open Parking YN No Parking Total 20 Parking Uncovered Total 20 Roof Torch Down Site Frontage 110 Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K Topography LevelSloped

    Interior Features

    Fireplace YN No Flooring SoftwoodHardwoodLaminateLaminateCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Fir/SoftwoodHardwoodWall To Wall CarpetLaminate

    Property Features

    Building Features Disabled AccessElevatorStorage Electric Expense 21005 Electric On Property YN No First Right Of Refusal False Gross Adjusted Income 276651 Gross Scheduled Income 291212 Insurance Expense 5355 Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 5-8 Net Operating Income 183385 Possible Use BusinessCommercialOfficeRetail Power Production Type Propane Property Condition Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 27822 Tax Year 2021 Total Expenses 93266 Utilities Sewer ConnectedPropane Water Sewer Garbage 12084 Water Source Public Zoning Class BusinessCommercialOfficeRetail Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Simmi Real Estate | Keller Williams Eastside and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Simmi Real Estate | Keller Williams Eastside are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T23:14:28.397.

     
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    Simmi Real Estate | Keller Williams Eastside
    2616 241st Ave SE
    Sammamish WA, 98075
    Listing Courtesy of Re/Max First, Inc Prt Townsend.