$1,980,000
Est. $10,095/mo625 Tyler Street, Port Townsend, WA 98368
• Listed 2025-09-22•59 days on market
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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.
Listed by Greg Nelson • COMPASS
Listing updated: May 24, 2026 at 02:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2436687
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625 Tyler Street, Port Townsend, WA 98368
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Port Townsend is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 2% below list price.
Time on market: The average home goes pending in around 23 days.
$1,110,000 Sold
3 months ago
3 bd•~2,490 sq ft•Single Family
1055 Monroe Street, Port Townsend, WA 98368
3%
Under list
—
Days on market
0.4 mi
Distance
$803,980 Sold
3 months ago
4 bd•~1,748 sq ft•Single Family
543 Van Buren Street, Port Townsend, WA 98368
8%
Under list
—
Days on market
0.2 mi
Distance
$1,350,000 Sold
4 months ago
•Single Family
1020 Water Street, Port Townsend, WA 98368
10%
Under list
—
Days on market
0.2 mi
Distance
$850,000 Sold
4 months ago
2 bd•1 ba•~1,552 sq ft•Single Family
1707 Jackson Street, Port Townsend, WA 98368
6%
Under list
—
Days on market
0.6 mi
Distance
$405,000 Sold
6 months ago
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829 Water Street, Port Townsend, WA 98368
3%
Over list
—
Days on market
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Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
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