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    19660 10Th Ave Poulsbo, WA 98370
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    Property profile & analytics

    19660 10Th Ave, Poulsbo, WA 98370

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    • Office buildings
    • 15,958 SF
    • 0.94 lot acres
    Two Office Buildings For Sale For Sale
    $4,200,000
    10,400 SF

    Two Office Buildings For Sale

    Two office buildings totaling 18,662 SF on 0.94 acres.

    19660 10th Ave NE, Poulsbo, WA
    View Listing
    Property ID
    US90-1389791
    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
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 19660 10Th Ave

    Year built
    2007
    Lot size
    0.94 lot acres
    Zone code
    CITY
    Property type
    Office buildings
    APN
    142601-4-059-2001
    APU
    14260140592001

    Description

    This exceptional commercial property in Poulsbo, WA, presents a unique investment opportunity. The main building, constructed in 2007, boasts 15,958 square feet of luxurious office space currently configured for a single tenant but easily divisible into up to four separate suites. A 12-car basement garage provides ample parking. The building enjoys excellent visibility from Highway 305, a key thoroughfare. In addition to the main building, a separate 2,734-square-foot single-story building (constructed in 1979) offers significant potential. This secondary structure could be remodeled or rebuilt, adding approximately 9,000 square feet of usable space, significantly increasing the property's overall value and rental income. The 0.94-acre lot provides ample space for expansion or future development. The property benefits from a strategic location, approximately midway between the Bainbridge and Kingston ferries, ensuring convenient access for employees and clients. Its proximity to several government employers, including the Bangor Naval Base and Keyport Research Facility, provides a stable and potentially expanding tenant base. Furthermore, the property's location near retail amenities and Old Town Poulsbo adds to its appeal. The rapidly growing community is projected to add several hundred homes within the next two years, further enhancing the property's long-term value and potential for increased rental demand. This is a rare opportunity to acquire a high-quality, well-located commercial property with significant upside potential. The asking price is $4,200,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,460,000
      Market price range: $843k - $2.55M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,875,000
      WAREHOUSE, STORAGE
      $3,440,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Poulsbo
    County
    Kitsap
    State
    Washington
    Longitude
    -122.637
    Latitude
    47.7411
    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
    $24,382
    $362,880
    $2,436,070
    $2,798,950
    -
    $362,880
    $2,436,070
    $2,798,950
    View Listing
    More about this property
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