20307 Viking AvePoulsbo, WA 98370
Poulsbo Office Building, High Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 109
Highlights
- Strong investment opportunity: Comparable Silverdale properties sold for $4.1M, offering a 3.62% cap rate with potential for 7%.
- High-traffic location: 8,375 SF building at the corner of Viking Ave NW and NW Finn Hill Rd, well-maintained since 1980.
- Efficient layout: Six office suites over two levels, lower-level parking, attractive foyer, and shared amenities.
- Diverse tenant base: Occupied by chiropractic, acupuncture, massage, dental, photography, and co-working businesses.
- Abundant parking: Two lots provide 49 spacious parking stalls and landscaped grounds.
- Flexible zoning: C-2 zoning (City of Poulsbo) allows for diverse business uses and future expansion.
Property Details for 20307 Viking Ave
- Property type
- Office properties, Mixed-use properties
- Square Feet
- 8,375 SF
- Year Built
- 1980
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 44,431 SF
Location Insight
- City
- Poulsbo
- County
- Kitsap
- State
- Washington
- Latitude
- 47.7473626
- Longitude
- -122.6557298








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