WA > Port Orchard > Port Orchard
Port Orchard, WA 98366,2465 Bethel AVE
Port Orchard, WA 98366,2465 Bethel AVE
Port Orchard, WA 98366,2465 Bethel AVE
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Josh Barnard

Josh Barnard

Josh Barnard Home Team

+1(253) 677-5765
Listed by G Anderson Group LLC
$1,550,000
Est. payment /mo
0.47 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Port Orchard

MLS Listing ID 2283102

Style 61 - Comm Bldg Ovr 10K

Year Built 2005

Lot Size 0.470 Acres

Lot Dimensions 125 x 168

Property Sub-Type Commercial Industrial

Property Description

One of the most pristine office buildings in Port Orchard is hitting the market for the first time since it was built in 2005. The list of features for this property is endless: 100% leased, abundance of parking, sprinkled, highly visible on one of the busiest roads in Port Orchard, no deferred maintenance, shared conference room, shared men's/women's bathrooms on each floor, parking access at both sides of the building, etc. Currently, each Tenant is in the midst of short-term, Full-Service Gross Leases, which enables a new owner a large upside in converting the Leases to NNN and locking in longer terms, yielding a Pro Forma CAP of 8.4%. The replacement cost for a building of this stature would be more than DOUBLE the listed asking price.

Location

State WA

County Kitsap

Area 143 - Port Orchard

Interior

Interior Features Ceramic Tile

Flooring Ceramic Tile

Fireplace false

Exterior

Exterior Feature Brick, Wood, Wood Products

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Josh Barnard

+1(253) 677-5765

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