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1300 NE Sylvan Way, Bremerton, WA 98310

Three occupants lease nearly 70% of the building under gross-lease agreements.

Property Size23,515 SF
Price / SF$41.04
Days on Market4

Property Features for 1300 NE Sylvan Way

General Information

Standard status Active
Size 23,515 SF
Property subtype OFFICE

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Northmarq Commercial, LLC
Listed By: Raymond Vara
Source: Moodyscre
Added: Oct 8 Changed: Oct 11 Last Checked: Oct 10 at 2:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Commercial, LLC

Investment Insights

Based on property information with market context.

This 23,515-square-foot office building is configured for multiple tenants and currently has three occupants. Together, they lease just under 70% of the property under gross leases signed in 2022 and 2023.

Two leases expire within a year. The largest suite is occupied by Kingdom Assignment Ministries under a lease that runs through 2029, providing continued tenancy as the other spaces approach lease expiration.

Key Highlights

  • 23,515‑square‑foot multi‑tenant office building
  • Three tenants occupy just under 70% of the building
  • Gross leases were signed in 2022 and 2023

Property Analytics

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Current Use

Kitsap County Career ... County Government Office Employment Security Department Employment Agency Brent's Maxi Lifestyle (Bike/Boat/Book/etc) Store Photonatix Photo Booth ... Photography Service Even Portable Toilets ... Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 98310, WA

21,580
Population
9,635
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$73,292
Median Household Income
$43,305
Median Earnings
$1,559
Median Rent
$421,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three occupants lease nearly 70% of the building under gross-lease agreements.
Where is this office building located?
The property is located at 1300 NE Sylvan Way Bremerton, WA.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 23,515‑square‑foot multi‑tenant office building; Three tenants occupy just under 70% of the building; Gross leases were signed in 2022 and 2023
(206) 584-6195 Call to check price and availability
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