Property Details

1040 NE Hostmark St

Poulsbo, WA 98370

$3,100,000

Available

CBA# 708530 courtesy of CBA Listing firm: G. Anderson Group, LLC

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Office / Retail

Property Type

24,966

Bldg Sq Ft

Units

7.00%

Cap Rate

1989

Year Built

Property Overview

Two story office building in the heart of Poulsbo with several varying tenants. The remaining vacancies are ideal for a multitude of potential office tenants. Current businesses include property management, dentistry, massage therapy, and Fire/EMS training. A new owner would benefit from passive income with seasoned tenants, while taking advantage of a move-in ready listing opportunity and a New Lease asset. Minor improvements could be made by a Buyer in order to improve interest. Otherwise, this is a value-add asset, waiting for the right opportunity. Do not miss out on a prime opportunity in a thriving area of Kitsap County.