Property Details
18978 Front St NE
Poulsbo, WA 98370
$1,375,000
Available
CBA# 713280 courtesy of CBA
Listing firm: Better Properties Gig Harbor
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Property Overview
Grab this rare opportunity to own a piece of local History! The Hostmark building is a true classic. As the oldest building in Downtown, it is in all of the local history books as well as part of the Historic Downtown Poulsbo Association. Built by Adolf Hostmark, who traveled here from Norway in the 1880s, It was originally a General store and Post office. He literally rowed a boat to Seattle for supplies! This fully renovated, turnkey, mixed-use building in the heart of historic downtown Poulsbo is perfectly blended with edgy commercial appeal on the lower level, with a serene professional wellness space above. This property features high foot traffic and excellent income potential. The Hostmark building has all long-term tenants (several over a decade) with successful businesses. With a flat roof and unblockable view, there could be many potential ways to expand. Rooftop bar? Outdoor Yoga? Maybe add a whole new story. Poulsbo generates massive downtown foot traffic and is a major tourist destination in Washington as it's only Scandinavian town. With two separate entrances for the top and bottom businesses, it almost seems like two separate buildings. With over 2500 sq ft. the possibilities are endless.
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
Kitsap
Listed
Jul 16, 2026
Financial Summary
Cap Rate
4.00%
Building & Use
Building Sq Ft
2,592
Leasable Area
2,592 sqft
Zoning
CITY
Possible Use
Retail,Office,Hotel/Motel
Year Built
1908
Exterior & Lot
Year Built
1908
Location
City
Poulsbo
County
Kitsap
Coordinates
47.73520, -122.64700
