Bought with ZNonMember-Office-MLS
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1208 Sylvan WAY Bremerton, WA 98310
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Key Details
Sold Price $635,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision East Bremerton
MLS Listing ID 1849264
Style 60 - Comm Bldg Und 10K
Year Built 1958
Annual Tax Amount $1,537
Lot Size 0.340 Acres
Property Description
100% Established and leased retail strip off Wheaton Way/Sylvan Way intersection in East Bremerton. Low maintance, busy road, great visibility. Parking lot scheduled for repair, seal coating and striping. All tenants renewing leases with new cap around 6.65% by September. Triple net in place for 3 of the spaces last one at renewal time. Same family ownership since the 1950s. Very rarely vacant! Easy to rent. All spaces have substantial remodels and updates. The roof still has half its life. The property is registered with the Police and the Towing company. Tenants are very good at keeping an eye on the property and reporting any issues. This is a great opportunity for an investor.
Location
State WA
County Kitsap
Area 149 - East Bremerton
Interior
Flooring Ceramic Tile
Exterior
Exterior Feature Brick, Wood
Utilities Available Sewer Connected, Electric, Natural Gas Connected
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
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