20397 Northwest Cedar Lane Poulsbo, WA 98370

Listing office KW COMMERCIAL GREATER 360 f***@kwcommercial.com Show Phone

Listing date Oct 17, 2025

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Investment Insights

Based on property information with market context.

This rare Poulsbo assemblage features three parcels totaling approximately 10.85 acres situated in the Viking Avenue Corridor, benefiting from C-2 zoning. The current improvements include two detached homes, a single-family residence, and a 575 square foot retail store, currently operating as Fluff N Stuff Salon. The site is equipped with city water and sewer. The zoning provides considerable flexibility for future development. Located minutes from downtown Poulsbo with direct access to Highway 305, the site benefits from strong demographics and regional connectivity. This presents an excellent opportunity for investors seeking income while planning redevelopment. Infill sites of this scale with utilities in place are scarce, making this an exceptional long-term hold or redevelopment play. The retail store's lease ends at the end of the year.

Key Highlights

• Large ±0.85 acre assemblage in the Viking Avenue Corridor with C‑2 zoning.
• Rare infill site of this scale with utilities in place (city water/sewer).
• Excellent redevelopment opportunity with wide flexibility due to C‑2 zoning.

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FAQs

What type of property is this?

Commercial land - Three parcels totaling 10.85 acres in Viking Avenue Corridor.

Where is this commercial land located?

The property is located at 20397 Northwest Cedar Lane Poulsbo, WA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Large ±0.85 acre assemblage in the Viking Avenue Corridor with C‑2 zoning.; Rare infill site of this scale with utilities in place (city water/sewer).; Excellent redevelopment opportunity with wide flexibility due to C‑2 zoning.