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.
Listing Provided Courtesy of Kelly Muldrow, Windermere Commercial/ERES
General Information
NWM2329592
Commercial Industrial
6
DOM
0.76 acres
0
2001
Commerc
Kitsap
Commercial Sale
Commercial Industrial
Buyer's Agent Commission
The seller is offering 2.5% of the final sale price of this home to the brokerage or agent representing the buyer. This offer is valid only for participants of the MLS associated with this listing. Learn more.
2.5%
Listing Provided Courtesy of Kelly Muldrow, Windermere Commercial/ERES
Krishna Realty data last checked: Jul 20, 2025 11:10 | Listing last modified Feb 11, 2025 22:38,
Source:
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.
