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Listed by Windermere Commercial/ERES Kelly Muldrow
$ 5,135,000
Est. payment | /mo
0.76 Acres Lot
$ 5,135,000
Est. payment | /mo
0.76 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Kingston
MLS Listing ID 2329592
Style 60 - Comm Bldg Und 10K
Year Built 2001
Lot Size 0.759 Acres
Property Sub-Type Commercial Industrial
Property Description
Exceptional investment opportunity includes 5 light-industrial warehouse buildings and 3 undeveloped lots in the well-established Arbor Business Park, offering significant potential for growth and long-term value. Currently, the five buildings (valued at $4,465,000) produce an NOI of $307,000 at a CAP rate of 6.88%. The three vacant lots (valued at $670,000) are fully serviced and pre-approved for development. Conveniently located just 12 minutes from both Kingston and Poulsbo, this property also benefits from easy access to major regional transportation routes in centrally located North Kitsap County. Excellent for reliable income & future expansion opportunities.
Location
State WA
County Kitsap
Area 162 - Kingston
Interior
Fireplace false
Building
Sewer Septic Tank
Others
Senior Community No
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