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Permitted Waterfront Mixed-Use Development
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429 Bay St, Port Orchard, WA 98366

Approved plans combine residential units, ground-floor commercial space, parking, and a rooftop deck in a waterfront setting.

Property SizeContact for details
Days on Market141

Property Features for 429 Bay St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Multifamily Units 39

Amenities

roof deck

Building Details

Buildings 1
Stories 4
Construction concrete podium and wood frame
Listing Agency: Pacific Commercial Brokers
Listed By: Tom O'Brien · License #WA
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 4:51PM

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 Pacific Commercial Brokers

Investment Insights

Based on property information with market context.

The permitted development at 429 Bay St in Port Orchard is planned as a four-story mixed-use building with 39 residential units and 500 square feet of commercial area on the ground floor. The design places parking on the first level, with a concrete podium supporting three wood-framed stories above.

A roof deck is planned on level 4, adding an outdoor amenity to the upper portion of the building. The project also includes new street parking. Plans identify potential expansion into a 42-slip marina, subject to applicable approvals and development requirements.

Key Highlights

  • Permitted four‑story mixed‑use development at 429 Bay St, Port Orchard, WA 98366
  • 39 planned residential units
  • 500sf commercial space on the ground floor

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Pharmacy Auto Parts Store Storage Facility Skin Care Clinic

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

39
Residential units

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby

Demographics for 98366, WA

36,969
Population
15,391
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
94%
High-School Grad
23.4 sq mi
ZIP Area
1,580
Density / Sq Mi
$88,807
Median Household Income
$51,884
Median Earnings
$1,704
Median Rent
$449,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Approved plans combine residential units, ground-floor commercial space, parking, and a rooftop deck in a waterfront setting.
Where is this mixed-use property located?
The property is located at 429 Bay St Port Orchard, WA.
What are key features of this property?
This property features: Permitted four‑story mixed‑use development at 429 Bay St, Port Orchard, WA 98366; 39 planned residential units; 500sf commercial space on the ground floor
(253) 988-0080 Call to check price and availability
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