603 Chester AveBremerton, WA 98337

For Sale
$698,000

1,900 SF Office, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 1,900 square foot office building situated on a 0.28-acre lot in Bremerton, Washington. Currently configured as a 100% occupied, two-story traditional/medical office building, the property offers immediate income potential. Built in 1910, the building is zoned R-10, presenting significant redevelopment potential. The asking price is $698,000, translating to $367.37 per square foot. The property's location offers unparalleled convenience, situated within walking distance of the Puget Sound Naval Shipyard, employing over 14,000 people, and less than a mile from the ferry terminal. This prime location, combined with the R-10 zoning, allows for the construction of up to five residential dwelling units and two accessory dwelling units (ADUs), according to the City of Bremerton. The property's recent use as a chiropractor's office, with ample parking, simplifies a potential conversion to residential use. Additional parcels are available, increasing the overall development potential. This versatile property offers a unique blend of immediate income and long-term growth potential in a thriving Bremerton location. Buyers are advised to independently verify zoning information and permitted uses with the City of Bremerton. The property boasts great road frontage on 6th Ave.

Highlights

  • 1,900 SF office building on a 0.28-acre lot in Bremerton, WA.
  • 100% occupied, two-story building offering immediate income; asking price $698,000 ($367.37/SF).
  • R-10 zoning allows for potential redevelopment into up to five residential units and two ADUs.
  • Prime location near Puget Sound Naval Shipyard and ferry terminal.
  • Great road frontage on 6th Ave; additional parcels available.

Property Details for 603 Chester Ave

Property type
Other office properties, Medical offices
Square Feet
1,900 SF
Year Built
1910
Buildings
1
Stories
2
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Bremerton
County
Kitsap
State
Washington
Latitude
47.5675105
Longitude
-122.6359884
603 Chester Ave, Bremerton, Washington

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603 Chester Ave
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