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31854943
31854941

2427 W SIMS WAY, PORT TOWNSEND, WA 98368-2247

BL
WA WA 21018119, MT RRE-BRO-LIC-134493
Brody Broker Team
Listed by Brody Broker Team
$1,900,000
42 days on market
Updated 36 days ago

2427 W SIMS WAY - Gateway Plaza

Details
APN 974700405
Property Type Retail, Mixed Use
Sub Type Cannabis retail, Pet supplies & care
Square Footage 10,000
Units 28
Occupancy 66%
Tenancy Multi
Rent Bumps Yes
Class B
Year Built 1990
Buildings 1
Lot Size (SqFt) 29,621
Zoning c-11
Parking Spaces 28 spaces
Parking Per SqFt 2.80
Investment Type Value Add
Ground Lease No
Sale Condition N/A

Multi-Tenant Investment Opportunity

Marketing description

This commercial property on West Sims Way in Port Townsend, WA, presents a rare multi-tenant investment opportunity in one of the area’s most visible, high-traffic corridors. With a diverse mix of essential service and retail tenants, the building offers immediate cash flow with significant upside through the leasing of its vacant units.To protect the operations and privacy of the current businesses, the following protocols are in place: Confidentiality: Full financial packages will be released only upon receipt of a signed Confidentiality Agreement (NDA). No Direct Contact: Potential buyers are strictly prohibited from contacting or interfering with employees or tenants on-site. Inquiries: All questions, requests for documentation, or showing requests must be directed through your real estate agent. Exclusions on file.

Investment highlights

Multi Tenant Investment Opportunity

Diverse mix of essential service and retail tenants

Immediate cash flow with upside through leasing of vacant units

Most vidible, high traffic corridors

Listing Contacts

BL
WA WA 21018119, MT RRE-BRO-LIC-134493
Brody Broker Team
Listed by Brody Broker Team

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Additional Information

Name
Bill Leland, CCIM
License
WA 21018119
Brokerage
IDEAL Real Estate
Brokerage Phone
3605826417
Brokerage Address
224 West Washington Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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