1040 NE Hostmark St - Office FOR SALE


Poulsbo, WA 98370
$3,100,000 USD
360-731-3739
1040 NE Hostmark St, Poulsbo, WA for Sale
$3,100,000 USD
Office - FOR SALE
1/45
null | 6.15% Cap Rate

NEW


1040 NE Hostmark St
Poulsbo, WA 98370


HIGHLIGHTS

  • Heavy traffic area
  • Multi-tenant
  • Great Tenant History

OVERVIEW

Two story office building in the heart of Poulsbo with several varying tenants. The remaining vacancies are ideal for a multitude of potential office tenants. Current businesses include property management, dentistry, massage therapy, and Fire/EMS training. A new owner would benefit from passive income with seasoned tenants, while taking advantage of a move-in ready listing opportunity and a New Lease asset. Minor improvements could be made by a Buyer in order to improve interest. Otherwise, this is a value-add asset, waiting for the right opportunity. Do not miss out on a prime opportunity in a thriving area of Kitsap County.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Olympic Place I

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

CITY

APN/PARCEL ID

232601-1-056-2009

ASK ABOUT THIS PROPERTY

Gary AndersonG Anderson Group LLCMore Info
360-731-3739

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Gary AndersonG Anderson Group LLCMore Info
360-731-3739

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.