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Details

Exceptional investment opportunity includes 5 light-industrial warehouse buildings and 3 undeveloped lots in the well-established Arbor Business Park, offering significant potential for growth and long-term value. Currently, the five buildings (valued at $4,465,000) produce an NOI of $307,000 at a CAP rate of 6.88%. The three vacant lots (valued at $670,000) are fully serviced and pre-approved for development. Conveniently located just 12 minutes from both Kingston and Poulsbo, this property also benefits from easy access to major regional transportation routes in centrally located North Kitsap County. Excellent for reliable income & future expansion opportunities.

PROPERTY FEATURES

PROPERTY DETAILS

Street Address: 26119 Calvary Lane
City: Kingston
State: Washington
Postal Code: 98346
County: Kitsap
MLS Number: 2329592
Year Built: 2001
Courtesy of Windermere Commercial/ERES

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