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Property profile & analytics
FOR LEASE
Office buildings

3721 Kitsap Way Bremerton, WA 98312

9,490 SF 0.8 ac lot Built 1979
Entity Owned 2-yr Hold Free & Clear
Property ID
US90-3202509
No photos on file
For Lease
$2,025/Mo 1,620 SF available
3721 Kitsap Way, Bremerton, WA 98312
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Total area 9,490 SF
Lot 0.8 ac (34,848 SF)
Zoning code CITY
APN 3783-001-014-0009
UPID US90-3202509
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
  • Heidi Lou Cosmetics Tattoo & Piercing Shop
  • Johnson's Chiropractic Office Alternative Medicine Practice
  • Asian massage Alternative Medicine Practice Spa & Massage Center
  • Kitsap Nails Nail Salon
  • Massage Network Solutions High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.35M
Owner & transaction history
Harris Capital Investments LLC · 2 yrs held
Harris Capital Investments LLC
since 2024
Last sale
$1.4M
5 recorded transactions
2024
$1.4M
2008
$583,333
2008
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
CITY · Bremerton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.8M +0.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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