9191 Washington Ave NW - Office FOR SALE


Silverdale, WA 98383- Central Silverdale
$1,750,000 USD
206-778-8521
9191 Washington Ave NW, Silverdale, WA for Sale
$1,750,000 USD
Office - FOR SALE
1/17
null | 6.23% Cap Rate

9191 Washington Ave NW
Silverdale, WA 98383
Central Silverdale


HIGHLIGHTS

  • Two Story fully upgraded building in Downtown Silverdale
  • Large .65 acre lot with fenced in parking
  • One block from Silverdale Waterfront

OVERVIEW

A rare opportunity to purchase a single tenant office building in the waterfront area of Silverdale at 9191 Washington Ave NW. Leased by Mercurios for 6 more years this 7,000 SF commercial/industrial property sits on .65 acres with fenced parking offers a rare turnkey investment or owner-user opportunity with a long-term tenant, upgraded building systems, and strong cash flow. Situated on a 0.65-acre lot (±28,314 SF), the property is zoned Commercial, allowing for a wide range of uses—including office, service, or mixed-use configurations. The two-story layout features a combination of open workspace, private offices, and warehouse space, providing flexibility for a variety of business operations. The building has been newly upgraded in 2024, including a new roof, full HVAC system, and fully updated electrical system, ensuring minimal maintenance and peace of mind for the next owner. The tenant in an investment grade tenant with a corporate guarantee and 6.25 years remaining on the lease. $109,000 year 1 and 3% annual increases thereafter.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

6.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9191 Washington

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

202501-1-184-2008

ASK ABOUT THIS PROPERTY

Justin KraftHighmark PartnersMore Info
206-778-8521

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

Justin KraftHighmark PartnersMore Info
206-778-8521

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