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1016 E 1st St 0.96 Acres of Commercial Land Offered at $765,000 in Port Angeles, WA 98362
INVESTMENT HIGHLIGHTS
- Highway 101 East, 17,000 ADT
- Many City of Port Angeles development incentives
- 24 parking spots across the alley
EXECUTIVE SUMMARY
Strategically situated on First Street along Highway 101 eastbound, it benefits from high visibility with 17,000 average daily traffic counts. Zoned for versatile commercial use, the property supports a wide range of individual or mixed-use developments. Zoning permits zero lot line construction and a maximum building height of 65 feet, using bonus height options. Parcel across the alley provides 24 existing parking spaces.
The City of Port Angeles offers enticing incentives for eligible developments, including up to a 20-year multi-family property tax exemption and a building permit fee waiver, providing significant cost-saving opportunities for developers.
Whether you’re looking to create a flagship retail center, mixed-use complex, or multi-family housing, this property offers the ideal foundation for your vision. Don’t miss this rare opportunity to capitalize on one of Port Angeles’ premier commercial locations. Minutes away from Olympic National Park entrance and Blackball Ferry to Victoria.
The City of Port Angeles offers enticing incentives for eligible developments, including up to a 20-year multi-family property tax exemption and a building permit fee waiver, providing significant cost-saving opportunities for developers.
Whether you’re looking to create a flagship retail center, mixed-use complex, or multi-family housing, this property offers the ideal foundation for your vision. Don’t miss this rare opportunity to capitalize on one of Port Angeles’ premier commercial locations. Minutes away from Olympic National Park entrance and Blackball Ferry to Victoria.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$6,478
|
$6,719.22
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,478
|
$6,719.22
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $6,478 |
| Annual Per AC | $6,719.22 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $6,478 |
| Annual Per AC | $6,719.22 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $765,000 | Lot Size | 0.96 AC |
| Price Per AC | $793,489.45 |
| Price | $765,000 |
| Price Per AC | $793,489.45 |
| Lot Size | 0.96 AC |
Prime Commercial Vacant Lot in Port Angeles! This expansive property, comprising three distinct parcels, 41,996 square feet represents the largest undeveloped commercial site in the city
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1016 E 1st St
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