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    111 Bruenn Ave Bremerton, WA 98312
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    Property profile & analytics

    111 Bruenn Ave Bremerton, WA 98312


    • Warehouses
    • 11,340 SF
    • 1.41 lot acres
    Versatile Bremerton Industrial/Warehouse Opportunity For Sale
    $1,500,000
    11,340 SF

    Versatile Bremerton Industrial/Warehouse Opportunity

    11,340 SF property ideal for industrial, warehouse, distribution.

    111 Bruenn Ave, Bremerton, WA 98312
    View Listing
    Property ID
    US90-2820634
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    6.1%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Marine View Beverage / Big Box & Wholesale Store / Distribution Center

    Property Details for 111 Bruenn Ave

    Year built
    1966
    Lot size
    1.41 lot acres
    Property size
    11,340 SF
    Zone code
    CITY
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    162401-3-154-2007
    APU
    16240131542007

    Description

    This exceptional 11,340-square-foot warehouse, situated on a 1.41-acre lot in Bremerton, Washington, presents a compelling investment opportunity. Built in 1978, the single-building property is zoned FC and offers a versatile layout ideal for various commercial and industrial uses. Currently configured for cannabis cultivation, this adaptable space boasts high ceilings, ample parking, and a flexible floor plan to accommodate diverse operational needs. Its prime location in Bremerton provides convenient access to major transportation routes and essential amenities. The property benefits from its proximity to key employers like the Puget Sound Naval Shipyard, Safeway Distribution Center, and Olympic College, contributing to a robust local economy. The surrounding area also offers a range of dining, retail, and recreational options. This well-maintained warehouse is strategically positioned to thrive within Bremerton's dynamic commercial landscape, making it an attractive investment for businesses seeking a functional and accessible location. The asking price is $1,500,000. The property's address is 111 Bruenn Ave, Bremerton, WA 98312.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,765,000
      ML approach
      $1,740,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,810,000
      6.5%
      $1,670,000
      7%
      $1,550,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,161,000
      Market price range: $1.16M - $2.04M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,530,000
      Current use
      RETAIL STORES
      $2,150,000
      Change: +40% Conversion: Moderate
      OFFICE BUILDING
      $2,135,000
      Change: +39% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,035,000
      Change: +33% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.685
    Latitude
    47.5643
    CBSA code
    14740
    CBSA name
    BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,504
    $326,470
    $555,500
    $881,970
    -
    $326,470
    $555,500
    $881,970
    View Listing
    More about this property
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