18657 NE State Hwy 305 $1,099,000

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    18657 NE State Hwy 305 Poulsbo, WA 98370

    • 0.41 Acres
    • Commercial/Industrial
    Listing# 1524629 | Active
    Days On Market: 15 2 Views
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    Property Details

    Single story retail/office building w/ 120 frontage on Hwy 305 (22,000+/- CPD) & excellent visibility. Bldg. is well-maintained and has had 100% occupancy for 10 years. Tenants incl. long term fireplace store, two attorney offices, chiropractor, & a consultant. Some have CPI rent increases & options. Gross income, NNN expenses, and NOI from current leases. New Hanley roof 2010. 20 parking spaces; restripe may yield 21-22 spaces. NNN includes all utilities. 1 electric meter. Fire/burglar alarms.

    • General Features
      • County Kitsap
      • Zoning Class Commercial, Office, Retail
      • Zoning Jurisdiction City
      • Style 73-Office
      • Approx Building SqFt 4,428
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 19
      • Total Covered Parking 0
      • Lot Dimensions 120 x 147
    • Building Features
      • Exterior Brick, Wood
      • Foundation Poured Concrete, Slab
      • Roof Composition, Flat, Torch Down
      • Floor Covering Vinyl, Wall-to-Wall Carpet
      • Features Signage Included
      • Heating and Cooling Forced Air, Heat Pump
    • Property Features
      • Lot Square Footage 17,860
      • Depth of Lot 147
      • Site Frontage 120
      • Water-Sewer-Garbage 0
      • Sewer Septic
      • Sewer Company City
      • Energy Source Electric
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 3,684
      • Total Monthly Rent $4,113
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $85,608
      • Gross Adjusted Income $85,608
      • Total Expenses $36,252
      • NOI $49,356
      • Electrical Expenses $0
      • Tax Expense $6,443
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2019

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    Neighborhood

    98370 (Poulsbo) Demographics

    44Median Age
    521Population Density (per sq. mile)
    45%College Educated
    $72,420 Estimated Median Income
    8,874Estimated Total Home Owners
    2,574Estimated Total Renters
    78% / 22%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    29,480Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $479,485 Median Sales Price
    61 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,099,000
        9/27/2019 4:21:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.