1225 Campbell WayBremerton, WA 98310

Property Details for 1225 Campbell Way

Year built

1982

Lot size

0.06 AC

Property size (Sq ft)

19,096 SF

Zone code

CITY

Property type

Medical offices

Property subtype

Medical centers

APN

3976-028-004-0001

APU

39760280040001

Description

This exceptional 9,486 square foot medical office building, located at 1225 Campbell Way in Bremerton, Washington, presents a unique investment opportunity. Built in 1982 and situated on a 0.51-acre lot, this Class B property features two full floors, each with its own independent access. The building boasts multiple offices and restrooms on each floor, along with convenient plumbing throughout. Ample parking is provided with 26 spaces. The property is zoned for Employment Center use, offering flexibility for a variety of tenants. Recent renovations enhance the appeal of this well-maintained building. Enjoy stunning views of the Warren Avenue Bridge and Evergreen Park. Ideal for a range of users, including daycare centers, various medical practices, government offices, or professional services. The property's flexible lease terms make it an attractive proposition for both single and multiple tenants. The APN is 3976-028-004-0001. This is a truly remarkable opportunity in a desirable location, offering a blend of functionality and aesthetic appeal. Don't miss this chance to acquire a prime medical office building in Kitsap County, WA, zip code 98310.

• CAP approach

  CAP return

  Valuation

  6%

  $5,167,424

  6.5%

  $4,769,930

  7%

  $4,429,221

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,120,859

  Geo Method

  $3,677,508

• Alternative Use

  Use

  Valuation

  Residential

  $5,914,714

  Hospitality

  $5,417,846

  Educational

  $4,507,584

  Medical

  $4,662,607

  Retail

  $7,011,798

Location Insight

City

Bremerton

County

Kitsap

State

Washington

Latitude

47.5809

Longitude

-122.629

CBSA code

14740

CBSA name

BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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