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Bremerton Professional Building

3421, Kitsap Way, Bremerton, WA 98312
$1,300,000

Description

Bremerton Professional Building (Status: Pending)

3421, Kitsap Way, Bremerton, WA  98312

FIRST WESTERN PROPERTIES – TACOMA, INCis pleased to present for sale the Bremerton Professional Buildinglocated in Bremerton, WA. The subject property consists of a10,000 SF (9,604 USF) building which was completely renovated in2021. Since renovation was completed, the property has been fullystabilized with a diverse mix of service, office and retail tenants.The property benefits from over 30,000 CPD traveling on KitsapWay and has proven continued upside for the new owner by way ofconverting existing gross leases to Triple Net Leases and increasingseveral below-market tenants to market rates. Full maximization of rents and leases provides the Buyer with an 8.05% pro-forma cap rate.

Listing Details

Asset Class: Retail
Year Built: 1950
Building Total Square Feet: 10168
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 28
Local Zoning Information:

CBA

Listing Courtesy of: First Western Properties – Tacoma, Inc.

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 3421, Kitsap Way, Bremerton, WA 98312
  • City: Bremerton
  • State/county: WA
  • Zip/Postal Code: 98312
  • Neighborhood: Bremerton
  • Country: United States

Detail

Updated on June 26, 2022 at 1:29 am

  • Property ID: 648128
  • Price: $1,300,000.00/For Sale
  • Property Size: 10168 Sq Ft
  • Property Type: Retail
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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