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Office Medical

Olympic Professional Building

2600 Cherry Ave, Bremerton, WA 98310

Listing Price: $1,400,000

Cap Rate
7.61%
Rentable SF
9,781
Occupancy
90.0%
Year Built
1990
Lot Size
0.75 acres

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Olympic Professional Building, a 9,781 square feet medical office property in the heart of the East Bremerton hospital district. With sweeping views of downtown Bremerton, the Puget Sound Naval Shipyard and the Olympic Mountains the subject property is one of the newest and most recently renovated properties in the submarket. It’s excellent location, physical condition and amenities attract tenants seeking a high image location. The property is currently 100% vacant allowing immediate occupancy for an owner/user. It is priced far below replacement cost which provides great value for both owner/user and value-add investors. With steady economic growth forecasted for Kitsap County, the Olympic Professional Building represents an outstanding opportunity to partake in the continued prosperity of the region.

Investment Highlights

  • 100% Vacant Medical / Professional Office Property
  • Sweeping Views of the Olympic Mountains, Cityscape & Waterways
  • Convenient Access to Bremerton and Silverdale via Hwy 303, with Half Hour Fast Ferry Service to Bremerton
  • Abundant Covered and Direct-To-Suite Parking
  • Rapidly Growing, High Quality of Life Region
  • Ample Building Amenities Including Multiple Sinks & Showers, and Privacy Garden Windows for Patient Recovery

Exclusively Listed By

Financing By

Office Medical

Olympic Professional Building

Listing Price: $1,400,000

Cap Rate
7.61%
Rentable SF
9,781
Occupancy
90.0%
Year Built
1990
Lot Size
0.75 acres

Investment Highlights

  • 100% Vacant Medical / Professional Office Property
  • Sweeping Views of the Olympic Mountains, Cityscape & Waterways
  • Convenient Access to Bremerton and Silverdale via Hwy 303, with Half Hour Fast Ferry Service to Bremerton
  • Abundant Covered and Direct-To-Suite Parking
  • Rapidly Growing, High Quality of Life Region
  • Ample Building Amenities Including Multiple Sinks & Showers, and Privacy Garden Windows for Patient Recovery

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Olympic Professional Building, a 9,781 square feet medical office property in the heart of the East Bremerton hospital district. With sweeping views of downtown Bremerton, the Puget Sound Naval Shipyard and the Olympic Mountains the subject property is one of the newest and most recently renovated properties in the submarket. It’s excellent location, physical condition and amenities attract tenants seeking a high image location. The property is currently 100% vacant allowing immediate occupancy for an owner/user. It is priced far below replacement cost which provides great value for both owner/user and value-add investors. With steady economic growth forecasted for Kitsap County, the Olympic Professional Building represents an outstanding opportunity to partake in the continued prosperity of the region.

Exclusively Listed By

Financing By

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