1599 SW Bay St - Retail FOR SALE


Port Orchard, WA 98366
$1,950,000 USD
360-731-3739
1599 SW Bay St, Port Orchard, WA for Sale
$1,950,000 USD
Retail - FOR SALE
1/25
null | 7.06% Cap Rate

1599 SW Bay St
Port Orchard, WA 98366


HIGHLIGHTS

  • Heavy daytime traffic, waterfront property, separate residential home on property for income.

OVERVIEW

A total of 5.05 acres of waterfront property zoned Light Industrial near the heart of Downtown Port Orchard. This property is currently the home of Kitsap Marina which includes a 8,786sf warehouse type building, a 25-slip marina with wood dock and yard storage. There is also a residential modular home consisting of 1,344sf on the property that is tenant occupied. The property is bisected by SW Bay Street and near the Hwy 16 and Hwy 3 interchange. The septic drain field is located on the upland area of the property, there is remaining area that offers other development potential.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kitsap Marine Properties

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

6.19 AC

LAND SF

269,846 SF

ZONING

LI

APN/PARCEL ID

332401-1-009-2007

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 Policy.