Property Details

20379 NW Cedar Ln

Poulsbo, WA 98370

$995,000

Available

CBA# 702763 courtesy of CBA Listing firm: KW Commercial Greater 360

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I’d like more information about 20379 NW Cedar Ln, Poulsbo, MLS# 702763

Office / Retail

Property Type

37,026

Bldg Sq Ft

1952

Year Built

Property Overview

Poulsbo assemblage: three parcels with four primary buildings totaling ±0.85 acres in the Viking Avenue Corridor (C-2 zoning), one of the city’s most flexible and dynamic districts. The site combines two residential parcels and one retail parcel, creating a footprint with income in place and clear long-term redevelopment potential.Location20363 – 20379 NW Cedar Lane, Poulsbo, WATotal Assemblage: ±0.85 acres (±37,026 SF)Zoning: C-2 Viking Avenue CorridorStrategic access to Highway 305, downtown Poulsbo, ferry terminals, and regional marketsThe ParcelsParcel 1 – 20375 &20373 Cedar Ln | ±0.31 acres | Two detached homes + 480 SF garage + 240 SF carportParcel 2 – 20363 Cedar Ln | ±0.37 acres | 804 SF single-family home + 270 SF garage + 144 SF lean-toParcel 3 – 20379 Cedar Ln | ±0.17 acres | 575 SF retail store (Fluff N Stuff Salon)Combined Snapshot: ±0.85 acres • Taxes (2025): ~$6,950Square Footage – Primary BuildingsDwelling R03 (built 1946): 660 SF, 1 bed/1 bath, 1 storyDwelling R04 (built 1948): 600 SF, 1 bed/1 bath, 1 storyDwelling R02 (built 1946): 804 SF, 2 bed/1 bath, 1 storyRetail Store (built 1952): 575 SF (Fluff N Stuff Salon)Total Building SF: ±2,639 (residential ±2,064 + retail 575)Zoning & UsesPermitted uses include retail, restaurants, grocery, auto sales/service, offices, salons, hospitality, recreation, mixed-use housing, and self-storage. Conditional uses expand to healthcare, senior living, R&D, and more. Temporary permits allow mobile food service and short-term activations.SummaryWith income-producing structures already on-site, city utilities in place, and exceptional zoning flexibility, this assemblage provides multiple paths forward. Located in a rapidly growing submarket with limited buildable land, the Cedar Lane parcels represent a rare investment opportunity for developers, owner-users, or investors seeking both near-term income and long-term redevelopment upside.