405 National Ave Bremerton, WA 98312-3628
This exceptional investment opportunity presents a vacant, 11,222-square-foot industrial property situated on a 0.51-acre lot in Bremerton, Washington. The property, located at 405 S National Ave, features two single-story buildings, offering versatile space ideal for distribution, flex, or warehouse uses. Built in 1946, the Class C property boasts one loading dock and one dock-high door, enhancing operational efficiency. Its strategic location near Puget Sound Naval Shipyard (PSNS) and the Naval Base Kitsap offers significant advantages, providing proximity to a skilled workforce and major transportation routes. The property is zoned INDUSTRIAL, allowing for a wide range of industrial applications. Priced at $850,000 ($75.74 per square foot), this value-add opportunity is perfect for investors seeking a strong return in a thriving market. The property's convenient access to key transportation and logistical hubs further enhances its appeal. The Kitsap County location (APN: 4502-011-020-0008) and its proximity to PSNS & IMF make this a compelling investment prospect. This is a rare chance to acquire a well-positioned industrial property in a high-demand area.
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Allbest Appliance Recycling Recycling Center Waste Management Facility
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
IND · Bremerton, WACosts & 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.