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29087365
29087399

258/260 4th St, Bremerton, WA 98337

CJ
WA WA 134530
Jara Commercial
Listed by Jara Commercial
$680,000
150 days on market
Updated 57 days ago
Opportunity zone

258/260 4th St

Details
Property Type Retail
Sub Type Commercial, Street Retail
Square Footage 5,400
Units 2
Cap Rate 5.72%
NOI $38,899
Occupancy 100%
Price per SqFt $126
Year Built 1943
Lot Size (SqFt) 3,090
Zoning DRC-DC
Investment Type Value Add

Retail | 5.72% CAP | 5,400 SqFt

Marketing description

Introducing the prime investment opportunity located at 258/260 4th St, Bremerton, WA. This historical property features a 5,400 SF building with 2 units, offering a timeless appeal dating back to 1943. Zoned DRC-DC, this property boasts 100% occupancy, presenting a secure and lucrative opportunity for retail/street retail investors. Nestled in Bremerton's new Quincy Square, this property is perfectly positioned for success. With a rich history and full occupancy, this property is ready to deliver strong returns for savvy investors.

Step right into the heart of Bremerton's Quincy square, were history and modernity blend seamlessly. The area surrounding 258/260 4th st is a bustling hub of activity, with a diverse mix of shops, restaurants, and entertainment options. Take a leisurely stroll down the street and explore the local boutiques, cozy cafes, and vibrant art galleries. Just a stone's throw away, you'll find the us turner joy museum ship, a must-see for history enthusiasts. Nearby, the Bremerton harborside offers stunning waterfront views and a variety of dining experiences. Whether it's the rich maritime heritage or the thriving retail scene, this location has something for everyone.

Investment highlights

  • Prime downtown building
  • Located at the heart of quincy square
  • Long-term community-centric tenants
  • Recent roof/hvac work completed on the building
  • New TPO roof in 2018
  • New HVAC system in 2021

Listing Contacts

CJ
WA WA 134530
Jara Commercial
Listed by Jara Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,899.00
$3,241.58/mo

Valuation Metrics

0
DSCR
5.72%
Cap Rate
5.72%
ROI

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Additional Information

Name
Carlos Jara
License
WA 134530
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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