615-619 4th St - Storefront Retail/Residential FOR SALE


Bremerton, WA 98337- Downtown Bremerton
$765,000 USD
206-276-6811
615-619 4th St, Bremerton, WA for Sale
$765,000 USD
Storefront Retail/Residential - FOR SALE
1/20
null | Request Cap Rate

615-619 4th St
Bremerton, WA 98337
Downtown Bremerton


HIGHLIGHTS

  • Value-Add Opportunity
  • Designated Off-Street Parking
  • Ability to Expand 2nd Floor
  • Updated with Modern Electrical Panels
  • 12-Minutes to Hwy 16 and less than 10-minutes to Hwy 3
  • 10-minute walk to the Seattle Ferry and PSNS (Puget Sound Naval Shipyard)

OVERVIEW

Downtown Bremerton mixed-use that checks the boxes for either an owner-user or as an investor looking upside, or both. 615 4th St features ±4,200 SF on the main level with a large open area plus three separate sections, 3 bathrooms, a kitchen and the ability to split into two spaces—ideal for a showroom, studio, service business, or creative HQ. A ±1,200 SF basement as a storage/ utility space you can use or monetize, while the ±1,120 SF second-floor apartment delivers built-in income at $1,300/month. There are 8 on-site parking stalls, a real advantage in downtown Bremerton. Best of all, the roof’s structural capacity supports expanding the second floor for up to three additional residential units without having to add sprinklers, creating a less costly path to scale future NOI through additional residential units.

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662 SF

ZONING

Bus Core

APN/PARCEL ID

3718-014-039-00-03

ASK ABOUT THIS PROPERTY

Brian RichardsonKidder MathewsMore Info
206-276-6811

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Brian RichardsonKidder MathewsMore Info
206-276-6811

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