Mortgage Calculator

-
/monthly
Breakdown
$
%
%
$ per month
Advanced
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
725 Water ST, Port Townsend, WA 98368
725 Water ST, Port Townsend, WA 98368
725 Water ST, Port Townsend, WA 98368
40
See all 40 photos
Listed by:Windermere R.E. Port Townsend • Michelle Sandoval
$5,300,000
Est. payment /mo
Save
0.29 Acres Lot
New

725 Water ST Port Townsend, WA 98368

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2561854

Style 61 - Comm Bldg Ovr 10K

Year Built 1885

Annual Tax Amount $28,562

Lot Size 0.290 Acres

Property Sub-Type Commercial Industrial

Property Description

A remarkable offering: The Historic Clapp Building & Waterfront Annex. The iconic C.F. Clapp building is a landmark 1885 Victorian structure in the Port Townsend National Historic District. Having undergone a comprehensive reimagining and infrastructure modernization finished in 2018–2020, it stands as a seismic-upgraded marvel that perfectly blends pristine contemporary amenities with original historic character. The building retains its four-brick-thick exposed interior walls and its original Washington Iron Works cast-iron façade. 2 adjacent parcels combined offer 117 feet of waterfront. A top-tier, modern commercial kitchen fully outfitted, including a walk-in refrigerator and two distinct interior dining spaces (seats 58 in Clapp Saloon & 28 in Annex bar), is turnkey. The waterfront plaza, boasts the largest footprint of any private commercial enterprise in downtown Port Townsend (seats 178), room for live entertainment. Special event space? The two upper stories are primed for finishing into residential spaces, customizable as 2 grand suites or 4 high-end apartments. Expansion potential: the included plaza parcel presents a blank canvas for structural development, opening options for additional multi-family housing and/or retail spaces. This exceptional property allows for highly sought-after commercial and mixed-use potential. 2020 Recipient of the Mary Johnson Historic Preservation award. Conceptual 2nd & 3rd floor designs & restaurant equipment list in supplements.

Location

State WA

County Jefferson

Area 480 - Port Townsend

Interior

Flooring Concrete

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Stucco, Wood

Waterfront Description Bayfront,No Bank

Roof Type Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northwest MLS (NWMLS)
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Public Services & Government
Local Media
Education
Pets
  • Fiesta Mexican Restaurant

    1232 W Sims Way, Port Townsend, WA 98368

    Mexican Phone: 360-385-2600

  • Khu Larb Thai Restaurant

    225 Adams St, Port Townsend, WA 98368

    Thai Phone: 360-385-5023

  • Hanazono Asian Noodle

    225 Taylor St, Port Townsend, WA 98368

    Japanese Phone: 360-385-7622

  • Ichikawa Japanese Cuisine

    1208 Water St, Port Townsend, WA 98368

    Japanese Phone: 360-379-4000

  • La Isla Family Mexican Restaurant

    1145 Water St, Port Townsend, WA 98368

    Mexican Phone: 360-385-1714

  • Victorian Square Restaurant

    940 Water St, Port Townsend, WA 98368

    Phone: (360) 385-695

  • Highway Twenty Roadhouse

    2152 W Sims Way, Port Townsend, WA 98368

    American (Traditional) Phone: 360-385-7747

  • Metro Bagels

    1980 W Sims Way, Port Townsend, WA 98368

    Bakeries Phone: 360-643-9171

  • The Cup

    600 W Sims Way, Port Townsend, WA 98368

    Diners Phone: 360-379-9059

  • Sentosa Sushi

    1038 Water St, Port Townsend, WA 98368

    Phone: 360-385-2378

  • El Guadalajara

    2322 Washington St, Port Townsend, WA 98368

    Mexican

  • Lehani’s Deli and Coffee

    221 Taylor St, Port Townsend, WA 98368

    Delis Phone: 360-385-3961

  • Burrito Depot

    609 Washington St, Port Townsend, WA 98368

    Phone: 360-385-5856

  • Jordini’s Subs

    929 Water St, Port Townsend, WA 98368

    American (New) Phone: 360-385-2037

  • Banana Leaf Thai Bistro

    609 Washington St, Port Townsend, WA 98368

    Thai Phone: 360-379-6993

Educational Environment

Elementary Schools (4)Middle Schools (4)High Schools (3)
Name
Category
Grades
Library
Ratio
5/10
Blue Heron Middle School
3939 San Juan Ave, Port Townsend, WA 98368
Public
1 - 8
No
STUDENTS/TEACHERS
0/10
Grant Street Elementary School
1637 Grant St, Port Townsend, WA 98368
Public
PK - 8
No
STUDENTS/TEACHERS
0/10
Ocean
1637 Grant St, Port Townsend, WA 98368
Public
KG - 12
No
STUDENTS/TEACHERS
0/10
Swan School
2345 Kuhn St, Port Townsend, WA 98368
Private
PK - 6
Yes
13:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
5/10
Blue Heron Middle School
3939 San Juan Ave, Port Townsend, WA 98368
Public
1 - 8
No
STUDENTS/TEACHERS
0/10
Grant Street Elementary School
1637 Grant St, Port Townsend, WA 98368
Public
PK - 8
No
STUDENTS/TEACHERS
0/10
Ocean
1637 Grant St, Port Townsend, WA 98368
Public
KG - 12
No
STUDENTS/TEACHERS
0/10
Jefferson Community School
280 Quincy St, Port Townsend, WA 98368
Private
7 - 12
Yes
7:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
5/10
Port Townsend High School
1500 Van Ness St, Port Townsend, WA 98368
Public
9 - 12
No
STUDENTS/TEACHERS
0/10
Ocean
1637 Grant St, Port Townsend, WA 98368
Public
KG - 12
No
STUDENTS/TEACHERS
0/10
Jefferson Community School
280 Quincy St, Port Townsend, WA 98368
Private
7 - 12
Yes
7:1 STUDENTS/TEACHERS

WORK WITH US

Reach out to an expert real estate agent today. Dive into the world of luxury real estate with guidance from our devoted team. Your dream home is within reach.

SELLER SERVICES

We take the stress out of selling your home by providing a seamless experience from start to finish. Our team will put you in the best position to market your home and sell it for the highest possible price.

GET IN TOUCH

Name
Phone*
Message