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    545 5Th St Bremerton, WA 98337

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    For Lease
    $17 SF/Yr

    Flexible office spaces available in downtown Bremerton's iconic building.

    Property size:
    23,000 SF
    Lot size:
    1.00 Acre

    Property Features for 545 5Th St

    General Information

    Size
    23,000 SF
    Lot size
    1.00 Acre

    Source: G. Anderson Group, LLC Agent Gary Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Bremerton Building Office Space

    Located in downtown Bremerton, this iconic building offers flexible office spaces for rent. The first level provides options to occupy either up to 9,364 square feet or as little as 4,117 square feet. The space has been completely opened up, allowing a new tenant to design it according to their specific needs. Ownership is offering a tenant improvement budget for qualified, long-term tenants. The second-floor office space is undergoing renovations, requiring completion. The property includes storage space on the bottom floor, a service/freight elevator, and a common area for employees to lounge, eat, and relax. An abundance of parking is available. The property offers a total size of 23,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Kitsap Sun Newspaper Publisher D Michael Coy, ... Social Worker Sun Building Corporate Office Jara Commercial Commercial Real Estate Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.6283393
    Latitude
    47.5663628

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    FAQs

    What type of property is this?
    Office space - Flexible office spaces available in downtown Bremerton's iconic building.
    Where is this office space located?
    The property is located at 545 5Th St Bremerton, WA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Generous tenant improvement (TI) budget for qualified, long-term tenants.; - Highly flexible first-level space, configurable from 4,117sf up to 9,364sf.; - Abundant parking available.
    (360) 731-3739
    Request Owner's contact information
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    Bremerton, WA 98337
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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
    545 5Th St Bremerton, WA 98337
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