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    FOR LEASE
    Medical Office Space

    19365 7Th Ave NE, Poulsbo, WA 98370

    13,480 SF 1.19 ac lot Built 1995
    Individually Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US90-1606788
    Property summary
    AI-generated overview

    This exceptional 1,551 square foot medical office suite is ideally situated in the heart of Poulsbo Village, offering unparalleled visibility and accessibility. Located within a larger 13,480 square foot, single-story building, this space boasts a thoughtfully designed layout perfect for medical practices. Features include a welcoming reception and lobby area, five private treatment rooms each equipped with sinks and locking storage cabinets, a dedicated medical records room, and a staff breakroom complete with a private employee bathroom. Ample parking is readily available, ensuring convenience for both staff and patients. The property benefits from its close proximity to public transportation and major highway access points, enhancing its appeal and accessibility. Recent building improvements include a brand new roof and fresh exterior paint, reflecting a commitment to maintaining a high-quality environment. The suite is part of a multi-tenant building, offering a vibrant and collaborative atmosphere. This turnkey space is ready for immediate occupancy and presents a fantastic opportunity for a growing medical practice seeking a prominent location in a thriving community. The suite is available as a single unit.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1995
    Total area 13,480 SF
    Lot 1.19 ac (51,836 SF)
    Zoning code CITY
    APN 142601-3-105-2007
    UPID US90-1606788
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.62M
    Blend (final) Blend
    $2.53M
    Owner & transaction history
    Vivian Markham · 13 yrs held
    Vivian Markham
    since 2012
    3 recorded transactions
    2012
    $9.7M
    2009
    1969
    Zoning & alternative use
    CITY · Poulsbo, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $3.7M +13.4%
    Neighborhood: shopping center $3.4M +5.1%
    Office building $3.4M +2.6%
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    More about this property
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