Property Details

126 W First Street
Port Angeles, WA 98362
$399,000
MLS# 2488960 courtesy of NWMLS Listing firm: P A Realty

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126 W First Street , Port Angeles, WA 98362, Port Angeles

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126 W First Street , Port Angeles, WA 98362, Port Angeles

1 / 40
Office / Retail
Property Type
1,491
Bldg Sq Ft
10.00%
Cap Rate
1937
Year Built

Property Overview

Located in the heart of downtown Port Angeles along the revitalized First Street corridor, this commercial space blends clean modern design with natural textures and bold contrast. The approximately 1,500-square-foot building offers 25’ of prime street frontage and is zoned Central Business District, allowing a variety of commercial uses. Recently remodeled from top to bottom, the property includes a brand-new roof and extensive cosmetic upgrades inside and out, creating a refined retail environment. Its downtown location benefits from steady local activity and year-round tourist traffic. The sale includes the building and Belle’s Boutique, a successful retail business with a strong local following, along with all inventory, fixtures, and furniture. The boutique features jewelry, custom charm and hat bar experiences, trend-forward clothing, locally made accessories, custom retail displays, and is the "go-to" piercing spot in town. The space also includes private dressing rooms, a personalized children’s nook, and a spa-like bathroom. Two rear rooms are currently occupied by a tattoo studio and a nail business, providing existing sublease income. Open street parking is available along First Street and throughout downtown. Positioned where the mountains meet the sea, the surrounding district features popular shops, restaurants, and steady foot traffic. Turnkey opportunity to continue the boutique or bring a new concept to the space!

Property Details

Property Information

Property Type Commercial Sale
Subtype Commercial Industrial
Status Active
County Clallam
Neighborhood Northwest Port Angeles
Listed Mar 6, 2026
Original Price $425,000

Financial Summary

Cap Rate 10.00%
Net Operating Income $43,184
Gross Scheduled Income $21,000
Gross Rent Multiplier 20.00
Total Expenses $7,630

Building & Use

Building Sq Ft 1,491
Zoning Business,Commercial,Retail
Possible Use Business, Commercial, Retail
Lot Size 3,507 sqft
Year Built 1937

Exterior & Lot

Lot Size 0.08 sqft
Year Built 1937
Exterior Materials Cement, Stone
Sewer Sewer Connected
Water Source Public
Exterior Features Cement/Concrete, Stone

Location

City Port Angeles
County Clallam
Coordinates 48.11925, -123.43496

Additional Information

Tax Year 2026
Annual Taxes $1,330
Possession Array
Listed By
Trisha Parker
P A Realty

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