$ 5,300,000
-
$5,300,000
Price -
0.29
Acre
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About the Listing 9722 - 26151
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.
Listing Highlights for 725 Water St
Interior Details
- Appliances:
- Air Cond: Ductless
- Heating: Ductless,Radiant
- Fireplaces: 0
- Floor: Concrete
- Basement:
- Other:
- Water: City of Port Townsend
Exterior Details
- Lot Description: Bayfront,No Bank,Zoning: Commercial,Residential
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: Commercial,Residential
- Roof: Torch Down
- Others: Cement/Concrete,Stucco,Wood,Very Good
- Sewer: City of Port Townsend
- Parking Features: Covered
Financial Details
- Tax Amount: $28,562
- Taxes w/Assessments: N/A
- Tax/Property ID: 989700708
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
725 Water St Port Townsend, WA 98368
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