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    801 11Th Street Pl Bremerton, WA 98337

    For Sale
    $775,000

    Prime location, versatile space, high ROI potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property at 801 11th Street, Bremerton, WA, presents a unique investment opportunity in a high-demand area. Priced at $775,000, this general commercial building offers significant potential for diverse uses. The main floor boasts approximately 3,000 square feet of move-in ready space, featuring custom finishes and beautifully built-out office suites. This area is immediately available for occupancy. The second floor, also approximately 3,000 square feet, is a blank canvas, ready for creative development. Imagine the possibilities: additional office space, residential apartments, or a mixed-use configuration to capitalize on the city's housing needs. Construction materials are already on-site to facilitate renovations. Furthermore, a nearly 3,000 square foot basement provides ample additional space for various uses. This corner lot property benefits from its strategic location, minutes from the Seattle ferry and the shipyard, within both a HUB zone and an opportunity zone, maximizing investment incentives. The property's versatility, combined with its prime location and substantial square footage, makes it an ideal investment for those seeking high returns. This is a chance to transform a valuable asset into a thriving enterprise.

    Property Features for 801 11Th Street Pl

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1918
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.6305
    Latitude
    47.57088

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile space, high ROI potential.
    Where is this commercial real estate located?
    The property is located at 801 11Th Street Pl Bremerton, WA.
    What is the asking price?
    The asking price for this property is $775,000.
    (360) 210-1101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801 11Th Street Pl Bremerton, WA 98337
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