Two-Level Office
New
For Sale
Contact for pricing
908 Bertha Ave, Bremerton, WA 98312
Seven offices, a reception area, kitchenette, and two restrooms support a flexible workplace layout.
Property Size1,960 SF
Lot Size0.36 Acres
Price / SF$316.33
Days on Market4
Property Features for 908 Bertha Ave
General Information
Standard status
Active
Size
1,960 SF
Lot size
0.36 Acres
Property subtype
OFFICE
Zoning
General Commercial
Additional Details
Public Transit
Yes
Amenities
air conditioning
kitchenette
Building Details
Buildings
1
Stories
2
Building Size
1,960 SF
Listing Agency:
G. Anderson Group, LLC
(360) 373-2343
Listed By:
Gary Anderson · License #43562
(360) 731-3739
Source:
Moodyscre
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:55AM
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 G. Anderson Group, LLC
Investment Insights
Based on property information with market context.
This two-level office building contains approximately 1,960 square feet on a 0.36-acre parcel. Its layout includes seven offices, a reception area, a kitchenette, two restrooms, and multiple entrances. Air conditioning serves the building, and improvements include a newer roof alongside updates to the electrical, plumbing, windows, siding, paint, and landscaping.
The property is located at 908 Bertha Avenue in Bremerton, with a bus stop along the property frontage. General Commercial zoning is in place, with potential for a range of business uses subject to buyer verification. The site also has room for potential additional development.
The property is located at 908 Bertha Avenue in Bremerton, with a bus stop along the property frontage. General Commercial zoning is in place, with potential for a range of business uses subject to buyer verification. The site also has room for potential additional development.
Key Highlights
- 1,960‑square‑foot office building on a 0.36‑acre lot
- Two levels with seven offices and a reception area
- Kitchenette, two restrooms, and multiple entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,942
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,840
$558.8K
Cap Rate 7%
$399,171
$399.2K
Cap Rate 9%
$310,467
$310.5K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$42.3K $21.60/SF
− Vacancy
−$5.1K −$2.59/SF
EGI
$37.3K $19.01/SF
− OpEx
−$9.3K −$4.75/SF
NOI
$27.9K $14.26/SF
Area
Kitsap County, WA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,840
Cap Rate 7%
$399,171
Cap Rate 9%
$310,467
Alternative Uses
Best Use
Office B
$399.2K
$349.3K – $465.7K
NOI $27,942 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$653.6K
$571.9K – $762.5K
NOI $45,749 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 98312, WA
33,405
Population
14,450
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
96%
High-School Grad
65.7 sq mi
ZIP Area
508
Density / Sq Mi
$85,332
Median Household Income
$50,416
Median Earnings
$1,601
Median Rent
$430,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Seven offices, a reception area, kitchenette, and two restrooms support a flexible workplace layout.
Where is this office building located?
The property is located at 908 Bertha Ave Bremerton, WA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 1,960‑square‑foot office building on a 0.36‑acre lot; Two levels with seven offices and a reception area; Kitchenette, two restrooms, and multiple entrances
