Provided by NWMLS, Listed by G Anderson Group LLC
Pending
3721 Kitsap Way
Bremerton WA, 98312
$1,570,000
Pending
Commercial
Built in 1979
First time in the market in almost 50 years, the Westgate Plaza on Kitsap Way in Bremerton is a two floor cash flow opportunity for any investor, 1031 exchange, and/or property owner needing a stable income stream. With only 1 vacancy, and a mixed Tenant base made up of mostly retail and office users, the property is priced at a 7.6% CAP rate, right in line with the market for the area. In addition, staggering lease expirations for the 6 current Tenants will help a new owner navigate market rates without having to worry about multiple vacancies all at once. Financials/rent roll, Leases, and maintenance reports are available once under contract.
2183314
MLSⓇ ID
December 1, 2023
Listed
April 24, 2024
Updated
Map
3721 Kitsap Way
Bremerton WA, 98312
Interior Features
Interior Features
Ceramic Tile, Laminate, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
Floor Description
Ceramic Tile, Laminate, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Forced Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.8 Acres
Exterior Features
Brick
Roof
Flat
Sewer
Sewer Connected
Other Property Details
Area Name
148 - West Bremerton
Garage
No
Parking Total
0
View
No
County
Kitsap
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
4/24/2024 | Pending | — |
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/4/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/4/2024 at 9:00 AM UTC