Listing Provided Courtesy of G Anderson Group LLCOne 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.
Property Details
Price:
$1,550,000
MLS #:
NWM2283102
Status:
Active
Beds:
0
Baths:
0
Address:
2465 Bethel Avenue
Type:
Commercial
Subtype:
Commercial Industrial
Subdivision:
Port Orchard
Neighborhood:
143 – Port Orchard
City:
Port Orchard
Listed Date:
Aug 26, 2024
State:
WA
ZIP:
98366
Lot Size:
20,473 sqft / 0.47 acres (approx)
Year Built:
2005
See this Listing
As a seasoned realtor with an advanced background in tech, I offer a unique market advantage above the rest. Whether you’re a first-time buyer navigating the complicated world of home purchasing, or an experienced investor looking for a solid investment property, I provide in-depth analytics, expert strategy, and a thorough understanding of contracts to ensure informed decision-making every step of the way.
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Schools
Interior
Cooling
Heat Pump
Flooring
Ceramic Tile
Heating
Forced Air
Exterior
Exterior Features
Brick, Wood, Wood Products
Parking Spots
27
Roof
Composition
Financial
Map
Community
- Address2465 Bethel Avenue Port Orchard WA
- SubdivisionPort Orchard
- CityPort Orchard
- CountyKitsap
- Zip Code98366
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Listing courtesy of G Anderson Group LLCThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated 2024-12-26. © 2024 NWMLS.
2465 Bethel Avenue
Port Orchard, WA
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