625 Tyler Street Port Townsend, WA $ 2,160,000
625 Tyler Street
$ 2,160,000
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625 Tyler Street

Port Townsend, WA, 98368
$ 2,160,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,476

Listed by COMPASS
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Commercial Property for sale in Port Townsend, WA

for $2,160,000. This building was built in 1940 on a lot size of 0.17.

Exceptional commercial property in the heart of Port Townsend. Built in 1940 and extensively renovated in 2000 with seismic retrofit, updated plumbing, electrical, CAT 5 wiring, and windows, plus major 2025 upgrades with fresh paint, two 96% efficient propane furnaces, new roof, and gutters. The retail space is leased to a thriving printery under a 10-year lease with extension, ensuring stability yet allowing for owner occupancy. A studio apartment adds $700/month income. Features include high ceilings, exposed beams, roll-up bay door, multiple offices, storage, and water views. A vacant parcel adds development potential. With prime location, secure lease, and upgrades, this is a standout, low-maintenance investment with significant upside.

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Commercial Active

Price

$ 2,160,000

Property Type

Commercial

Taxes

$ 8,624

Style

Retail

Lot Size

0.17

Year Built

1940

Town/City

Port Townsend

County/Region

Jefferson

MLS | Web ID

2436687

Features
General
Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency Forced Air
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1940
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Jefferson
Net Operating Income 131698
Insurance Expense 3582
Property Type Commercial Sale
HOA N
Subdivision Name Uptown
Possible Use Commercial Office Retail
Special Listing Conditions None
Status Active
Directions GPS: 625 Tyler St Port Townsend WA 98368
City Port Townsend
Senior Community Y/N N
Zoning Description Commercial Office Retail
MLS Area 480 - Port Townsend
Lot Size Units Square Feet
Lot Size Square Feet 7405
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing
Tax Annual Amount 8624
Public Remarks Exceptional commercial property in the heart of Port Townsend. Built in 1940 and extensively renovated in 2000 with seismic retrofit updated plumbing electrical CAT 5 wiring and windows plus major 20
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 11992
Property Style 75 - Retail
Cap Rate 6
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Exterior
Exterior Amenities Wood Products
Water Source Public
Total Parking 0
Building Area Total 0
Lot Size Acres 0.17
Irrigation Water Rights Y/N N
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Interior
Flooring Concrete Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Propane
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2436687
Street Number 1 625
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* Excluded Features
List By
Greg Nelson

Listing Agent

Compass

Broker

Affordability Calculator

$14,194
Per Month
95%
5%
0%
Monthly Principal & Interest
$13,476
Monthly Property Taxes
$719
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$2,160,000 Listed Price

Map


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625 Tyler Street, Port Townsend, WA, 98368 is a Commercial Property for sale at $2,160,000 with a lot size of 0.17. 625 Tyler Street was built in 1940. The property's zip code is 98368 which is in Port Townsend, WA