26119-26135 Calvary Ln NE Kingston, WA

Listing office Northmarq Commercial, LLC k***@windermere.com Show Phone

Listing date Nov 24, 2025

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Investment Insights

Based on property information with market context.

This investment opportunity features five light-industrial warehouse buildings and three undeveloped lots located in the Arbor Business Park. The five buildings, encompassing 33,050 square feet, currently generate an NOI of $307,000 at a CAP rate of 6.88%. The three vacant lots are fully serviced and pre-approved for development. The project has received awards for its construction and environmentally-friendly building methods and materials. Arbor Business Park designates each building and lot with its own tax parcel, allowing a buyer to sell individual buildings or lots. This flexibility allows an owner/user to expand as needed and enables an investor to tailor new construction for a future long-term user. Situated approximately 12 minutes from both Kingston and Poulsbo, the property benefits from convenient access to major regional transportation routes in North Kitsap County. This location offers infrastructure to support investment goals.

Key Highlights

• Significant income potential with existing buildings producing an NOI of $307,000 at a 6.88% CAP rate.
• Three fully serviced and pre‑approved vacant lots offer immediate development opportunities.
• Flexibility to sell buildings or lots individually due to the binding site plan.

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FAQs

What type of property is this?

Warehouse - Five light-industrial warehouses and three pre-approved development lots for sale.

Where is this warehouse located?

The property is located at 26119-26135 Calvary Ln NE Kingston, WA.

What is the asking price?

The asking price for this property is $4,545,000.

What are key features of this property?

This property features: Significant income potential with existing buildings producing an NOI of $307,000 at a 6.88% CAP rate.; Three fully serviced and pre‑approved vacant lots offer immediate development opportunities.; Flexibility to sell buildings or lots individually due to the binding site plan.