19917 7Th Ave NE Poulsbo, WA 98370
For Lease
This exceptional two-story, Class B medical office building in Poulsbo, Kitsap County, offers 41,680 square feet of space, with 11,652 square feet currently available for lease. Built in 1994 and renovated in 2005, the property sits on 2.51 acres and boasts ample parking with 214 spaces (approximately 5 stalls per 1,000 square feet). The building features elevators and excellent street presence, including monument signage and potential for exterior building signage. Currently housing reputable medical tenants such as Fred Hutchinson Cancer Care, Franciscan Virginia Mason, and Allied Dermatology, this building provides a strong foundation for continued success. Available suites range from 2,052 to 9,600 square feet, offering flexibility for various medical practices. Its central Poulsbo location ensures convenient access for patients throughout Kitsap County. The building's multiple tenancy structure provides a diverse and stable income stream. This is a prime opportunity to acquire a well-established medical office building in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CITY · Poulsbo, WAPoulsbo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.