1532 W Sims Way

Port Townsend, WA 98368

  • Bed

  • Bath

  • 7468 SqFt

  • 619 DOM

  • Built: 1948

  • Status: Active

$1,750,000

X

1532 W Sims Way

Port Townsend 98368

$1750000

  • Bed

  • Bath

  • 7468 SqFt

  • 619 DOM

  • Built: 1948

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 7468

  • Metal

  • 55 - 5-9 Units

  • 1948

  • Poured Concrete

  • Storage

Features and Utilities

  • Laminate

  • Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 9554

  • Cash Out, Owner Financing, See Remarks

  • 03-09-2023

Comparable Information

  • 619

  • 619

  • Cash Out, Owner Financing, See Remarks

  • $2,250,000

  • $2,250,000

  • Nov 21, 2024 17:23

Schools

Map

Listing courtesy of John L. Scott, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 15, 2025 01:36 | Listing last modified Nov 21, 2024 17:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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