625 Tyler St, Port Townsend, WA 98368 For Sale

This exceptional commercial property at 625 Tyler St, Port Townsend, WA, offers a prime

investment opportunity in the heart of downtown. Built in 1940 and significantly renovated in

2000 with a seismic retrofit, updated plumbing, electrical, CAT 5 wiring, and new windows, the

property was further enhanced in 2025 with fresh paint, two 96% efficient propane furnaces, new

roofs, and gutters.

The retail space, currently leased to a thriving printery under a modified gross lease, features a

new 10-year lease with a 10-year extension option, ensuring long-term stability, with the potential

for a buyer to owner-occupy by having tenants vacate. Additionally, the property includes a

studio apartment generating $700 per month in rental income. The retail space boasts high

ceilings, exposed beams, ample storage, a roll-up bay door, multiple offices, and stunning water

views, making it a standout in Port Townsend’s vibrant downtown. The vacant parcel offers future

development potential, enhancing the property’s value. Its unmatched location, combined with

recent upgrades, a secure lease, and the flexibility for owner-occupancy, positions 625 Tyler St as

an attractive, low-maintenance investment with significant upside potential.