Kitsap Homes with 75 - Retail Style

Kitsap Homes with 75 - Retail Style

Kitsap County, located in Washington state, is a picturesque region known for its natural beauty and vibrant communities. Situated across the Puget Sound from Seattle, Kitsap County offers a unique blend of suburban living and outdoor recreation opportunities.

Bainbridge Island, a city within Kitsap County, is a popular destination for those seeking a tranquil and close-knit community. With its stunning waterfront views and charming downtown area, Bainbridge Island is a haven for nature lovers and art enthusiasts alike.

One notable feature of homes in Kitsap County is the prevalence of retail-style properties. These homes, often referred to as "Homes with 75 - Retail Style: True," offer a unique living experience that combines residential living with commercial space. This type of property provides homeowners with the opportunity to run a business from the comfort of their own home, making it an ideal choice for entrepreneurs and small business owners.

Whether you're looking for a peaceful retreat or a thriving business opportunity, Kitsap County and its homes with retail-style features have something to offer. With its stunning landscapes, friendly communities, and convenient proximity to major cities, Kitsap County continues to attract individuals and families seeking a high quality of life in a beautiful setting.

Newest Kitsap Homes with 75 - Retail Style

$1,860,000
2547297 MLS ACTIVE Status
Pleased to present the opportunity to acquire a 2.06 Acre Commercial Investment Property located in Poulsbo, Washington, leased to Puget Collision LLC with 7+ Years of remaining Firm-Term, on a NNN Lease through July 2033, with (2) 5-Year Extension Options. Puget Collision LLC is a rapidly expanding Collision Repair Operator that has grown from 18 to 70 locations across 6 states, under the CARSTAR and Fix Auto brands. The Lease provides 3% Annual Rent Increases on Base Rent + NNN, offering predictable income growth with minimal landlord expense exposure. The investment is further enhanced by an Executed Option and Lease Agreement with Eddy Energy LLC, a Battery Energy Storage Developer, providing up to $45,000 in Non-Refundable Option Payments over 36 months, followed by a 30-Year Energy Storage Lease with 15% Rent Escalations every 5-Years, delivering additional income from the site. Strategically positioned with direct frontage on State Route 3, the primary north-south highway connecting Poulsbo to Bremerton and the Bainbridge Island ferry, the property offers excellent visibility with 31,000+ VPD, and access within a high-traffic commercial corridor. The site benefits from proximity to Naval Base Kitsap, one of the region's largest employers, and the continued growth of Kitsap County's economy, supported by ferry-commuter demand to Seattle and a stable defense-sector employment base, further underpinning the long-term performance of the investment.

22173 Viking Avenue NW, Poulsbo

Listing courtesy of Kidder Mathews.

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