3721 Kitsap Way Bremerton, WA $ 1,570,000
3721 Kitsap Way
$ 1,570,000
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3721 Kitsap Way

Bremerton, WA, 98312
$ 1,570,000
Baths0.0

Monthly Estimate*

$ 10,435

Listed by G Anderson Group LLC
3721 Kitsap Way, Bremerton, WA 98312 - Image 1
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3721 Kitsap Way, Bremerton, WA 98312 - Image 8
3721 Kitsap Way, Bremerton, WA 98312 - Image 9
3721 Kitsap Way, Bremerton, WA 98312 - Image 10
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Studio

Commercial Property for sale in Bremerton, WA

for $1,570,000. This building was built in 1979 on a lot size of 0.8.

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.

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Commercial Pending

Price

$ 1,570,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Und 10K

Lot Size

0.8

Year Built

1979

Town/City

Bremerton

County/Region

Kitsap

MLS | Web ID

2183314

Features
General
Interior Features Ceramic Tile Laminate Laminate Hardwood Laminate Tile Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Flat
Exterior Features Brick
HOA 0
Year Built 1979
Topography Level
Property SubType Commercial Industrial
County Kitsap
Net Operating Income 119369
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Oyster Bay
Possible Use Commercial Office Retail
Building Features Disabled Access Signage Included
Special Listing Conditions None
Status Pending
Directions Directly across the street from Mandile's Mexican restaurant on Kitsap Way. Approximately 1 mile off of Hwy 303 heading E from the hwy or approximately 1.5 miles from 6th St and N Callow intersection
City Bremerton
Buyer Agent Compensation 3
Senior Community Y/N N
NumberOfUnitsTotal 0
MLS Area 148 - West Bremerton
Lot Size Units Square Feet
Lot Size Square Feet 34848
Carport Y/N N
Street Name Kitsap Way
Listing Terms Cash Out Conventional
Property Condition Good
Public Remarks 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 in
Virtual Tour https://four-foot-photography.aryeo.com/sites/3721-kitsap-wa
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Water Company City of Bremerton
Zoning Class Commercial Office Retail
Property Style 60 - Comm Bldg Und 10K
Cap Rate 7.6
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Interior
Flooring Ceramic Tile Laminate Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.8
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 193
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Internal Only
OriginalMLSID NWM2183314
Street Number 1 3721
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* Excluded Features
List By
Gary Anderson

Listing Agent

G Anderson Group Llc

Broker

Affordability Calculator

$10,435
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,435
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$1,570,000 Listed Price

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3721 Kitsap Way, Bremerton, WA, 98312 is a Commercial Property for sale at $1,570,000 with a lot size of 0.8. 3721 Kitsap Way is a studio with 0.0 baths and was built in 1979. The property's zip code is 98312 which is in Bremerton, WA