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Property profile & analytics
OFF-MARKET Estimated value $675,000
Office buildings

2009 Harkins St Bremerton, WA 98310-4450

1,770 SF 0.08 ac lot Built 1941
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-2871417
Property summary
AI-generated overview

This fee-simple property at 2009 Harkins St, Bremerton, WA 98310, presents a unique redevelopment opportunity. The 1,770 square foot building, constructed in 1941, sits on a 0.14-acre lot and is zoned for Neighborhood Business use. Currently configured as a two-unit building suitable for office or retail use, it offers immediate income potential. One unit is a turnkey office space, while the adjacent smaller suite is available for lease. The property includes two parcels; the south-facing parcel is currently vacant and undeveloped. This presents significant potential for mixed-use development, potentially incorporating multi-family components. The existing business and its fixtures will vacate upon sale. The building's prime location offers convenient access to the Bremerton/Seattle ferry and the Puget Sound Naval Shipyard & Intermediate Maintenance Facility (PSNS & IMF), a 5-minute drive or a 20-minute walk away. Water and ferry views enhance the property's desirability. The asking price is $735,000. This Class C building offers a compelling investment opportunity for those seeking a redevelopment project with immediate income potential and a desirable location. The property is a single-story building with multiple tenants.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1941
Total area 1,770 SF
Lot 0.08 ac (3,485 SF)
Zoning code CITY
APN 3918-003-002-0106
UPID US90-2871417
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
  • Hecker Architects, PS Architect Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
$415k
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k
Owner & transaction history
Rawan Maju · 1 yrs held
Rawan Maju
since 2024
Last sale
$675,000
5 recorded transactions
2024
$675,000
2024
Price N/A
2004
$120,979
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $795,000 +138.6%
Neighborhood: shopping center $450,000 +35.5%
Medical building $430,000 +28.9%
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