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601 Highland Ave Bremerton, WA 98337

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For Sale
$3,500,000

280-unit multifamily development site near Bremerton Ferry Terminal.

Type:Multifamily
Added:
Mar 6, 2026
Days on Market:
26
Last Refresh:
Mar 25 at 10:36 pm

Property Features for 601 Highland Ave

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Wyk Parker
Wyk Parker

Listing agent Wyk Parker License #873009985

Listing office NAI PUGET SOUND PROPERTIES

Listing date Mar 6, 2026

Source Nai-psp

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 NAI PUGET SOUND PROPERTIES


Overview

Multifamily Development Site in Bremerton

The property at 601 Highland Avenue presents an opportunity to acquire a site for a 280-unit multifamily, transit-oriented development in downtown Bremerton. The location is six blocks from the Bremerton Ferry Terminal, which provides access to Seattle via a 30-minute passenger-only or 60-minute car/passenger ferry. The property is located in a Qualified Census Tract and is eligible for Multifamily Tax Exemption development incentives. It is situated in a pedestrian zone in downtown Bremerton and is surrounded by retail and lifestyle amenities, including the Harborside Waterfront Boardwalk. The site is seven blocks from the largest Naval Shipyard on the West Coast, which employs over 20,000 active duty and civilian personnel, and one mile from Olympic College. The property offers views of Sinclair Inlet, the Cascade Mountains, and the Olympic Mountains. Area employers include Naval Base Kitsap, Olympic College, the City of Bremerton, Kitsap Credit Union, and CHI Franciscan Health.
Location Intelligence

Current Use by Public Records

601 Highland Ave ... Parking Lot & Garage

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Bremerton
County
Kitsap
State
Washington
Longitude
-122.625
Latitude
47.5675

FAQs

What type of property is this?
Commercial land - 280-unit multifamily development site near Bremerton Ferry Terminal.
Where is this commercial land located?
The property is located at 601 Highland Ave Bremerton, WA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Transit‑oriented development site: Just 6 blocks from Bremerton Ferry Terminal for easy Seattle access.; Multifamily Tax Exemption development incentives available.; Proximity to major employer: 7 blocks to the largest Naval Shipyard on the West Coast.
More about this property
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