645 4Th StBremerton, WA 98337

  • Office properties
  • 26,820 SF
For Lease
$17/SF/YR View listing

Property Details for 645 4Th St

Year built
1926
Lot size
0.05 AC
Property size (Sq ft)
26,820 SF
Zone code
CITY
Property type
Office properties
Property subtype
Office buildings
APN
3718-014-044-0006
APU
37180140440006

Description

This exceptional executive office space, located at 645 4th St in downtown Bremerton, WA 98337, offers 5,320 square feet of immediately available space within an 8,730 square foot building situated on a 0.23-acre lot. The property, classified as Class C, was constructed in 1926 and features a single-tenant occupancy. The building's interior has been recently remodeled, creating a contemporary and professional atmosphere ideal for businesses seeking a prominent location. High ceilings and abundant windows throughout the space provide exceptional natural light, enhancing the workspace for both employees and clients. The property's central downtown Bremerton location provides easy access to local amenities and transportation. This is a unique opportunity to secure a substantial and well-appointed office space in a vibrant urban setting. The property is categorized as an Executive Office and Executive Suites. The address is easily accessible and visible from the street. This single-tenant building offers a unique opportunity for a business seeking a prominent and well-maintained office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,257,558
    6.5%
    $6,699,284
    7%
    $6,220,764
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,192,158
    Geo Method
    $5,164,996
  • Alternative Use

    Use
    Valuation
    Residential
    $8,307,112
    Hospitality
    $7,609,270
    Educational
    $6,330,824
    Medical
    $6,548,550
    Retail
    $9,847,948
645 4Th St, Bremerton, Washington

Location Insight

City
Bremerton
County
Kitsap
State
Washington
Latitude
47.5656
Longitude
-122.629
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
$3,327
$28,740
$362,323
$391,063
-
$28,740
$362,323
$391,063

FAQs

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