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    23969 Hwy 3 Belfair, WA 98528

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Belfair retail space, multiple units available.

    Lot size:
    15,173 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Belfair Valley Plaza offers exceptional retail opportunities in Mason County, Washington. This two-building complex, constructed in 2000, boasts a total of 15,173 square feet of retail space, situated on a generous 7.59-acre lot. Currently, there is 25,270 square feet of vacant space available, offering flexible options for businesses of various sizes. Units range from a minimum of 1,397 square feet to a maximum contiguous space of 23,873 square feet, catering to a wide array of retail needs. The property features ample parking with 332 spaces available for customers and employees. Located at 23969 NE Hwy 3 in Belfair, WA 98528, this property benefits from high visibility and convenient access. The property's APN is 12329-41-90021. The single-story buildings provide efficient layouts and easy accessibility. This is an excellent opportunity to establish or expand your retail presence in a thriving community. Contact us today to learn more about leasing options and explore the potential of this prime retail location.

    Property Features for 23969 Hwy 3

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,173 SF
    Total Rate
    30346

    Building Details

    Year Built
    2000
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Available Pad #2
    Size
    23,873 SF
    Rate per SF
    $28
    Space
    Suite L
    Size
    4,360 SF
    Rate per SF
    $28

    HighLights

    • $24.00 - $28.99 PSF rental rates.
    • Estimated NNN expenses of $5.00 PSF.
    • High‑visibility location on a lighted intersection off Highway 3.
    • Includes a 42,500 SF Safeway, attracting both local and tourist traffic.
    • Grease trap already installed.
    • Belfair's most prominent shopping center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Belfair
    County
    Mason
    State
    Washington
    Longitude
    -122.8240623
    Latitude
    47.4541822

    Nearby Comparable

    • $0.01 SF/Yr
      1,400,000 SF

      Belfair Warehouse Space Available

      Large industrial warehouse and distribution space for lease.
      25400 State Route 3, Belfair, WA 98528
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    • $15 SF/Yr
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      Belfair Flex Space with Storage

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      22721 Hwy NE, Belfair, WA
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      Land Available For Lease

      Land available for lease with utilities access and parking.
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      Retail Space Available for Lease

      Retail property available for lease in Belfair, Washington.
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      Highway 3 Warehouse Space

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      Retail Property on State Route

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      Land Lease on State Route

      Shy acre available for land lease on State Route.
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      Retail Space Available For Rent

      Retail property with 1995 square feet available for lease.
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      Bremerton Warehouse Space Available

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      Port Orchard Office Space Available

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    Nearby Similar for Lease

    • $15 SF/Yr
      1,658 SF

      Belfair Flex Space with Storage

      Heated shop with office, storage, and fenced yard.
      22721 Hwy NE, Belfair, WA
      View Details
    • $4,000 /Mo
      2,500 SF

      Retail Property on State Route

      Commercial property on State Route 3 in Belfair, WA.
      23771 NE Wa 3, Belfair, WA
      View Details
    • $1,600 /Mo
      1,066 SF

      Highway 3 Warehouse Space

      1066 SF warehouse with roll-up doors near Bremerton Airport.
      25601 Hwy NE, Belfair, WA
      View Details
    • $0.01 SF/Yr
      1,400,000 SF

      Belfair Warehouse Space Available

      Large industrial warehouse and distribution space for lease.
      25400 State Route 3, Belfair, WA 98528
      View Details
    • $22 SF/Yr
      23,783 SF

      Retail Space Available for Lease

      Retail property available for lease in Belfair, Washington.
      23961-23969 Hwy NE, Belfair, WA
      View Details
    • Contact for pricing
      1,995 SF

      Retail Space Available For Rent

      Retail property with 1995 square feet available for lease.
      23771 Washington 3, Belfair, WA 98528
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Belfair retail space, multiple units available.
    Where is this individual retail property located?
    The property is located at 23969 Hwy 3 Belfair, WA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: $24.00 - $28.99 PSF rental rates.; Estimated NNN expenses of $5.00 PSF.; High-visibility location on a lighted intersection off Highway 3.
    Request Owner's contact information
    23969 Hwy 3 Belfair, WA 98528
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    Belfair, WA 98528
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23969 Hwy 3 Belfair, WA 98528
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