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$5,300,000

For Sale

18 hours ago

725 Water St, Port Townsend, WA

House

MLS® 2561854

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $28,562
Days Active 0
Lot Size 0.29 Acres
Approx. Age 1885
MLS® Number 2561854

Property Address: 725 Water St, Port Townsend, WA, 98368-5728

Average square foot calculated using Size range provided by listing agent.

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 (seating for 58 in Clapp Saloon & 28 in Annex bar), is turnkey ready. The waterfront plaza, boasts the largest footprint of any private commercial enterprise in downtown Port Townsend (seating for 178), room for live entertainment. 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.
MLS® Number2561854
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1885
Basement
Driveway
Garage Spaces
HeatDuctless, Radiant
A/CDuctless

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 27, 2026List Date
$5,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
725 Water St, Port Townsend, WA

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