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    Property profile & analytics
    OFF-MARKET Estimated value $1,365,000
    Warehouses

    111 Bruenn Ave, Bremerton, WA 98312-3109

    11,340 SF 1.41 ac lot Built 1966
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US90-2820634
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1966
    Total area 11,340 SF
    Lot 1.41 ac (61,420 SF)
    Zoning code CITY
    APN 162401-3-154-2007
    UPID US90-2820634
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Marine View Beverage Big Box & Wholesale Store Distribution Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.74M
    CAP Approach CAP
    $1.67M
    Comparable Approach Comparable
    $1.16M
    Blend (final) Blend
    $1.37M
    Owner & transaction history
    Bremerton Crest LLC · 1 yrs held
    Bremerton Crest LLC
    since 2025
    Last sale
    $1.3M
    7 recorded transactions
    2025
    2025
    $1.3M
    2022
    2020
    $1.1M
    2017
    2012
    2012
    Zoning & alternative use
    CITY · Bremerton, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.2M +40.5%
    Office building $2.1M +39.5%
    Auto repair, garage $2.0M +32.8%
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