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Property profile & analytics

3721 Kitsap Way Bremerton, WA 98312-2461

  • Office buildings
  • 9,490 SF
  • 0.80 lot acres
OFF-MARKET
Last Sale
Apr 30, 2024
$1,350,000
Value Estimations
$1,350,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US90-3202509
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.

Current Use by Public Records

  • Heidi Lou Cosmetics / Tattoo Artist
  • Johnson's Chiropractic Office / Chiropractor
  • Asian massage / Massage Spa
  • Kitsap Nails / Nail Salon
  • Massage Network Solutions / Educational Institution / Service Establishment

Property Details for 3721 Kitsap Way

Year built
1979
Lot size
0.80 lot acres
Property size
9,490 SF
Zone code
CITY
Property type
Office buildings
APN
3783-001-014-0009
APU
37830010140009

Description

This exceptional commercial space, totaling 1,120 to 1,645 square feet, is ideally situated on Kitsap Way in Bremerton, a high-traffic area boasting 40,000 cars daily. Located within the Westgate Building, a two-story, 9,490 square foot structure built in 1979, this single-tenant suite offers excellent visibility and accessibility. The space features a new electrical panel, abundant parking (46 spaces across two lots, a 5:1 ratio), and convenient access from a quieter side street. The open floor plan allows for customization to suit various business needs. The building is zoned GC and includes three prominent signage opportunities. This prime location is less than 0.75 miles from the Charleston District and 0.5 miles from Bay Vista, benefiting from both high traffic flow and proximity to thriving residential areas. The building houses a diverse mix of existing tenants, including a nail salon, massage service, barber, chiropractor, and a labor union, creating a vibrant and complementary business environment. An adjoining 525 square foot suite is also available for expansion, offering a total of up to 1,645 square feet. The property sits on 0.8 acres and is classified as Class C. This is a rare opportunity to establish your business in a highly visible and convenient location within a well-established commercial area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,350,000
    ML approach
    $1,350,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,202,000
    Market price range: $469k - $1.70M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,785,000
    Current use
    RETAIL STORES
    $1,800,000
    Change: +1% Conversion: Moderate
    AUTO REPAIR, GARAGE
    $1,700,000
    Change: -5% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Bremerton
County
Kitsap
State
Washington
Longitude
-122.665
Latitude
47.5695
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
$14,019
$262,030
$1,385,760
$1,647,790
-
$262,030
$1,385,760
$1,647,790
More about this property
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