Provided by NWMLS, Bought with eXp Realty and Listed by G Anderson Group LLC

Sold

3721 Kitsap Way

Bremerton WA, 98312

$1,350,000


Sold

Commercial

Built in 1979

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.

2183314

MLS ID

December 1, 2023

Listed

August 23, 2024

Updated

Map

3721 Kitsap Way
Bremerton WA, 98312

Interior Features

Interior Features

Ceramic Tile, Wall to Wall Carpet, Laminate, Laminate Tile, Laminate Hardwood


Floor Description

Ceramic Tile, Laminate, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Forced Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.8 Acres


Exterior Features

Brick


Roof

Flat


Sewer

Sewer Connected

Other Property Details

Area Name

148 - West Bremerton


Garage

No


Parking Total

0


View

No


County

Kitsap


Water Source

Public


Pool

No

Listing History

Date

Event

Price

8/1/2024

Sold

$1,350,000

4/24/2024

Pending

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/8/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 9/8/2024 at 12:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 9/8/2024 at 12:00 AM UTC 

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