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    Well-Maintained Office Building with Garage Title is generated by Realmo AI

    1550 Woodridge Dr SE Port Orchard, Port Orchard, WA 98366

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    For Sale
    $999,999

    Two-story office building with flexible layout and detached garage/shop.

    Type:Commercial
    Property size:
    3,840 SF
    Price / SF:
    $260/SF
    Added:
    Aug 13, 2025
    Days on Market:
    317
    Last Refresh:
    May 10 at 9:46 pm

    Property Features for 1550 Woodridge Dr SE Port Orchard

    General Information

    Standard status
    Active
    Size
    3,840 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1997

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    TJ MARTIN

    Listing office MARTIN REAL ESTATE GRP

    Listing date Aug 13, 2025

    Source Corcoran

    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 MARTIN REAL ESTATE GRP

    HighLights

    • Spacious office building in a private, peaceful setting with a greenbelt view.
    • Functional layout with reception area, private offices, open work area, conference room, and full kitchen.
    • Includes a detached 3‑car garage/shop with 240V power and internet.
    • Features a large deck for outdoor breaks, meetings, or events.
    • Equipped with a security system and air conditioning.
    • Four bathrooms, including one with a shower.

    Overview

    This well-maintained, two-story office building is situated in the Woodridge Professional Center, located just off Mile Hill Drive. The property is positioned at the end of a quiet cul-de-sac, providing a private and peaceful setting complemented by a greenbelt in the rear. A large deck offers an outdoor space suitable for breaks, meetings, or events. The interior features a functional layout, including a reception area, multiple private offices, a large open work area, a conference room, a full kitchen, and four bathrooms, one of which includes a shower. This layout provides flexibility for various professional uses. Additional features include a security system and air conditioning. A detached 3-car garage/shop is also included, equipped with 240V power and internet access. The building has a size of 3840 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $82.9k $21.60
    − Vacancy −$10.0k −$2.59
    EGI $73.0k $19.01
    − OpEx −$18.2k −$4.75
    NOI $54.7k $14.26
    3,840 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $782.0K
    $684.3K – $912.4K (±1% cap)
    NOI $54,743 @ 7.0% cap · market cap 5.47%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,631 @ 7.0% cap · market cap 8.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.58
    Latitude
    47.5355

    FAQs

    What type of property is this?
    Office building - Two-story office building with flexible layout and detached garage/shop.
    Where is this office building located?
    The property is located at 1550 Woodridge Dr SE Port Orchard Port Orchard, WA.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: Spacious office building in a private, peaceful setting with a greenbelt view.; Functional layout with reception area, private offices, open work area, conference room, and full kitchen.; Includes a detached 3‑car garage/shop with 240V power and internet.
    More about this property
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