- Listing #:
- 2154027
- Price:
- $3,250,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Light Indrl.
- # of Acres:
- 2.40
- Year Built:
- 2005
- Comm/Assn:
- Glen Cove
- City:
- Port Townsend
- County:
- Jefferson
- State:
- WA
- Zip:
- 98368
- Right of 1st Refusal:
- No
QR Code
Description
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
- Cap Rate:
- - 7
- Cooling Y/N:
- - Yes
- Exterior Features:
- - Metal/Vinyl
- :
- - Level
- - Sloped
- Foundation Details:
- - Poured Concrete
- Gross Scheduled Income:
- - $266,800.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $9,684.00
- Interior Features:
- - Concrete
- Accessory Dwelling Unit:
- - DetachedDwelling
- Approx. Building Sq.Ft.:
- - 27,624.00
- Detached Dwelling SqFt Finished:
- - 1,440.00
- Loading:
- - 1-3 Bays
- Power Company:
- - PUD
- Style Code:
- - 71 - Light Indrl.
- Water Company:
- - City of PT
- Zoning Class:
- - Commercial
- - Industrial-Light
- Zoning Jurisdiction:
- - County
- Parcel Number:
- - 986701902
- Possible Use:
- - Commercial
- - Industrial
- Structure Type:
- - Industrial
- Annual Tax Amount:
- - $13,630.00
- Tax Year:
- - 2022
- Water Source:
- - Public