405 National Ave Bremerton, WA 98312
- Retail space
- 9,010 SF
- 0.33 lot acres
Current Use by Public Records
- Allbest Appliance Recycling / Recycling Center
Property Details for 405 National Ave
- Year built
- 1946
- Lot size
- 0.33 lot acres
- Property size
- 9,010 SF
- Zone code
- IND
- Property type
- Retail space
- APN
- 4502-011-020-0008
- APU
- 45020110200008
Description
This exceptional investment opportunity presents a vacant, 11,222-square-foot industrial property situated on a 0.51-acre lot in Bremerton, Washington. The property, located at 405 S National Ave, features two single-story buildings, offering versatile space ideal for distribution, flex, or warehouse uses. Built in 1946, the Class C property boasts one loading dock and one dock-high door, enhancing operational efficiency. Its strategic location near Puget Sound Naval Shipyard (PSNS) and the Naval Base Kitsap offers significant advantages, providing proximity to a skilled workforce and major transportation routes. The property is zoned INDUSTRIAL, allowing for a wide range of industrial applications. Priced at $850,000 ($75.74 per square foot), this value-add opportunity is perfect for investors seeking a strong return in a thriving market. The property's convenient access to key transportation and logistical hubs further enhances its appeal. The Kitsap County location (APN: 4502-011-020-0008) and its proximity to PSNS & IMF make this a compelling investment prospect. This is a rare chance to acquire a well-positioned industrial property in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bremerton
- County
- Kitsap
- State
- Washington
- Longitude
- -122.668
- Latitude
- 47.5589
- CBSA code
- 14740
- CBSA name
- BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA
