1014 Bay St Port Orchard, WA 98366
- Retail space
- 18,116 SF
- 0.81 lot acres
Current Use by Public Records
- Aflac / Insurance Agency
- South Kitsap Chamber of Commerce / Chamber Of Commerce
- The Pacific Tattoo Studio / Tattoo Shop
- Aphrodisia Boutique / Adult Entertainment Store / Adult Entertainment Club
- Serengeti Care / Home Health Care Service
Property Details for 1014 Bay St
- Year built
- 1973
- Lot size
- 0.81 lot acres
- Property size
- 18,116 SF
- Zone code
- CITY
- Property type
- Retail space
- APN
- 4053-014-004-0005
- APU
- 40530140040005
Description
This exceptional mixed-use property at 1014 Bay Street in Port Orchard offers 18,314 square feet of versatile space spread across 13 suites within a two-story building. Built in 1973, this single building sits on a 0.81-acre lot (35,284 square feet) and enjoys prominent Bay Street frontage, providing unparalleled visibility and stunning bay views. The property's location in the heart of the city's commercial district ensures high traffic and easy accessibility. Large windows offer panoramic bay views, creating a desirable atmosphere for any business. The layout is adaptable to various uses, including retail, office, or a combination of both. The property is served by PSE power, but lacks elevators. Property taxes are $1.08 per square foot. Convenient access to public transportation and parking is available. Flexible leasing options are available to accommodate diverse business needs. This is an excellent opportunity to establish a business in a high-traffic, visually appealing location with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,890,000
- 6.5%
- $2,820,000
- 7%
- $2,760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,325,000
- Geo Method
- $2,930,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,410,000
- Retail
- $2,280,000
- Mixed-Use
- $2,290,000
- Hospitality
- $2,195,000
- Educational
- $2,300,000
- Residential Income
- $2,160,000
- Energy
- $2,865,000
- Income-Based Land
- $2,420,000
- Food Service
- $3,015,000
Location Insight
- Map
- Local Demand
- City
- Port Orchard
- County
- Kitsap
- State
- Washington
- Longitude
- -122.632
- Latitude
- 47.5424
- CBSA code
- 14740
- CBSA name
- BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA